$408,000

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1204 Ossington Avenue, Toronto (Wychwood) - Multi-family for Sale

1204 Ossington Avenue, Toronto (Wychwood), Ontario, M6G3W1

4 beds4 baths parking

1169 Davenport Road, Toronto (Wychwood), Ontario, M6H2G6

8 bd2 ba2 pk1,892 ft²Lot size 18 × 108 ft (1,892 sq ft)

Listed by RIGHT AT HOME REALTY

80 Wychwood Park, Toronto (Wychwood), Ontario, M6G2V5

For sale

42 days ago

$6.90M

80 Wychwood Park, Toronto (Wychwood), Ontario, M6G2V5

8 bd5 ba7 pk5,000 ft²Lot size 176 × 146 ft (25,535 sq ft)

Listed by CHESTNUT PARK REAL ESTATE LIMITED

For sale

43 days ago

$3.00M

1169 Davenport Road, Toronto (Wychwood), Ontario, M6H2G6

8 bd11 ba2 pk3,250 ft²Lot size 18 × 108 ft (1,892 sq ft)

Listed by RIGHT AT HOME REALTY

Investment analysis

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$408,000

Toronto

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Description

Excellent Opportunity for Renovators, Investors, and Buyers Looking to Customize a Property to Suit Their Own Needs and Vision! This Property Offers Great Potential for Renovation and Improvement. Property Is Being Sold in "As Is, Where Is" Condition. The Seller and Listing Brokerage Make No Representations or Warranties Regarding the Condition of the Property, Its Systems, Fixtures, or Improvements. Buyers and Their Agents Are Advised to Conduct Their Own Due Diligence and Verify All Information, Including Measurements, Permitted Uses, and Property Condition. Close to great schools, restaurants, shopping, and transit a rare opportunity to own an outstanding investment in a high-demand neighborhood! (id:66096)

Property Details

MLS®: C14145184
Property Type: Multi-family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 4
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 16 × 116 ft (1,856 sq ft)
Frontage: 16 ft
Storeys: 2
Basement: Separate entrance, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Property Tax: $5,258.59/yr
Listed: Today

Market Timing

Days on market

Toronto (Wychwood) listings, avg age

55d

Price / ft²

$233

List price

$408K

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.

Area context

Neighbourhood profile (M6G)

This home lists at $408,000, about 4.5× the local median household income of $91,000.

Carrying it typically needs a household income of about $79,697 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $91,000
Population: 30,600
Median age: 39.6
Owner / renter: 49% / 51%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6G)

$408,000· $233/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,400

Min 5%50%

Mortgage payment$2,149/mo

↳ CMHC premium ($15,504 capitalized)

Property tax (est.)$438/mo

Total monthly$2,587

Cash Needed to Close

Down payment (5%)$20,400

Land transfer tax$9,270

Est. closing costs$3,724

Total cash needed$33,394

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

1204 Ossington Avenue, Toronto (Wychwood) - Multi-family for Sale

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Description

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Neighbourhood profile (M6G)

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