$1,230,000
Toronto
12 Sarnia Avenue, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6P3P3
This multi-family property in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 13 days, fresher than the Toronto average of 56 days.
What if you could own a Toronto freehold with monthly mortgage costs lower than the average Toronto rent? Welcome to 12 Sarnia Avenue, a fully renovated semi-detached LEGAL DUPLEX in the heart of Junction Triangle, offering a smarter path to homeownership with rental income helping to offset your monthly mortgage payments! Two bright, beautifully updated, self-contained TWO-STOREY suites offer their own kitchens, living spaces, bedrooms, bathrooms, independent heating and cooling systems, and private outdoor spaces-including an upper-level terrace overlooking Campbell Park, perfect for morning coffee or unwinding outdoors. Live in one and let the rental income from the other help pay down your mortgage, accommodate extended family while maintaining privacy and independence, or add an income-producing property to your investment portfolio. Backing directly onto Campbell Park, with legal laneway parking and convenient access to neighbourhood cafes, restaurants, shops, Lansdowne Subway, Bloor GO and the UP Express connecting you to downtown Toronto and Pearson Airport. The upcoming Davenport Diamond Greenway will bring new walking and cycling connections, landscaping and public spaces to the neighbourhood, with planned connections at Sarnia Avenue and Campbell Park. Enjoy a vibrant, walkable neighbourhood while building equity in a freehold property with income potential. Multiple possibilities. One exceptional opportunity to make Toronto homeownership work for you! An absolute MUST SEE! Monthly mortgage cost comparison is based on illustrative financing and rental income assumptions, actual costs may vary. (Select photos have been virtually staged to illustrate potential furniture placement and decor.) (id:66096)
Features and services as supplied by the listing brokerage.
Active: 13 days on market, against an average age of 56 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 4-bed multi-family in Toronto (Dovercourt-Wallace Emerson-Junction) has been listed for 13 days, which is 43 days fresher than the city average of 56. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,230,000, about 14.3× the local median household income of $86,000.
Carrying it typically needs a household income of about $240,262 (20% down, 25-yr amortization, stress-tested) — roughly 179% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6P)
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Loading rates, 30-yr amortization
Cash Needed to Close
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.