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$1,699,000
Toronto
133 Cowan Avenue, Toronto (South Parkdale), Ontario, M6K2N1
This multi-family property in Toronto is for sale.
Rarely offered, fully renovated rowhouse duplex with accessory unit. Taken back to the studs in 2020, this turnkey legal property offers three self-contained suites, ideal for investors seeking stable returns, also for end users looking for a live-in, rent-out opportunity, significantly broadening buyer appeal. Thoughtfully designed for low-maintenance ownership, each unit features modern finishes, quality appliances, and private entrances. The upper two-level 2-bedroom + den suite is currently tenanted, along with the stylish main floor 1-bedroom offering a walkout to a private backyard. The lower-level 1-bedroom, currently owner-occupied, boasts high ceilings, two separate entrances, and a bright, contemporary layout. Includes one front pad parking space. Tucked away on a quiet street in South Parkdale, just steps to transit, parks, shops, and the Lake, this is a rare opportunity to own a fully renovated, income-generating property in a high-demand rental location. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 185 days on market, against an average age of 64 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 (South Parkdale) 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 $1,699,000, about 23.6× the local median household income of $72,000.
Carrying it typically needs a household income of about $331,874 (20% down, 25-yr amortization, stress-tested) — roughly 361% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6K)
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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
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.