$1,899,900
Toronto
10-12 Snider Avenue, Toronto (Briar Hill-Belgravia), Ontario, M6E4R9
This multi-family property in Toronto is for sale offering roughly 4,250 sq ft of space.
Built in 1992, 10-12 Snider Avenue is a rare purpose-built legal 4-plex offering an exceptional investment opportunity in Toronto's well-established and evolving Briar Hill-Belgravia neighbourhood. The property comprises two spacious split-level 3-bedroom, 2-bathroom Apartments occupying the Main Floors and Lower Levels. These two Apartments feature separate forced-air gas furnaces, central air conditioning, in-suite laundry, and individual hydro meters. The Second Floor contains two 2-bedroom, 1-bathroom Apartments each featuring electric baseboard heating, window air conditioning units, in-suite laundry, and separate hydro meters. Approximately 4,110 sq.ft. above grade plus an additional 2,080 sq.ft. on lower level. There are five hydro meters in total, including a separate common area meter. The property includes 5 on-site parking spaces and benefits from commercial zoning on the Main Floor and Lower Level, providing flexibility for investors, owner-operators, or buyers seeking commercial space combined with residential income. Additional future upside may exist through a potential third-storey addition, subject to buyer due diligence and municipal approvals. The property's location offers convenient access to employment hubs, educational institutions, excellent connectivity throughout the City via nearby TTC routes and the Eglinton Crosstown LRT corridor, easy access to Allen Road and Highway 401, and everyday amenities including grocery stores, local shops, restaurants, community centres, parks, and recreational facilities, all of which contribute to sustained tenant demand and strong long-term investment fundamentals. NOI $66,453. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 137 days on market, against an average age of 66 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 10-bed multi-family in Toronto (Briar Hill-Belgravia) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,899,900, about 23.2× the local median household income of $82,000.
Carrying it typically needs a household income of about $371,117 (20% down, 25-yr amortization, stress-tested) — roughly 353% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6E)
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Loading rates, 30-yr amortization
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