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$4,495,000
Toronto
121 Fourth Street, Toronto (New Toronto), Ontario, M8V2Y6
This multi-family property in Toronto is for sale.
Exceptional 10-unit investment property in South Etobicoke. Completely renovated in 2018, featuring new wiring, plumbing, and modern kitchens with quartz counters and stainless steel appliances. Each unit includes in-suite laundry and A/C. The basement's height is 7.6 feet, and a security system with 6 cameras provides peace of mind. A 2020 roof and 6 parking spaces complete this impressive offering. The total square footage, as per floor plans, measures an impressive 6,648 square feet. The property's location adds to its appeal, with its proximity to the waterfront, walking/cycling trails, schools, Humber College's Lakeshore Campus, and public transit (including GO Train access). The existing mortgage is available for takeover at a rate of 3.30% with a maturity date at the end of 2028. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 393 days on market, against an average age of 77 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 12-bed multi-family in Toronto (New Toronto) 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 $4,495,000, about 56.9× the local median household income of $79,000.
Carrying it typically needs a household income of about $878,031 (20% down, 25-yr amortization, stress-tested) — roughly 1011% above the area median.
Source: Statistics Canada, 2021 Census (FSA M8V)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
