1213 Weston Road, Toronto (Mount Dennis), Ontario, M6M4P7

For sale

20 days ago

$1.90M

1213 Weston Road, Toronto (Mount Dennis), Ontario, M6M4P7

2,600 ft²Lot size 33 × 100 ft (3,272 sq ft)

Listed by PROPERTY.CA INC.

1232 Jane Street, Toronto (Mount Dennis), Ontario, M6M4X8

For sale

44 days ago

$1.18M

1232 Jane Street, Toronto (Mount Dennis), Ontario, M6M4X8

6 bd4 ba8 pk1,750 ft²Lot size 38 × 100 ft (3,750 sq ft)

Listed by HOME CHOICE REALTY INC.

Investment analysis

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$1,499,999

Toronto

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$1,499,999

For sale

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1342 Weston Road, Toronto (Mount Dennis) - Multi-family for Sale

1342 Weston Road, Toronto (Mount Dennis), Ontario, M6M4R5

4 parking2,250 ft²Listed 62 days ago

Overview

This multi-family property in Toronto is for sale offering roughly 2,250 sq ft of space.

Multi-Family Properties for Sale in Toronto →All real estate in Toronto →

Description

Welcome to 1342 Weston Road!! This is a Residential and Commercial mixed property with retail shop and residential units, fully rented and perfect for Investors to obtain stable monthly income. New shingles were replaced in year 2026, very well maintained and located in a fast growing and one of the most convenient neighbourhoods of Jane & Weston. the building was partially upgraded and renovated from time to time since year 2021. New windows, floors, washrooms, kitchen cabinets, curtains, new painting and appliances. Turnkey investment with over $100,000 rental income per annum with 1 commercial unit with 3 year lease (just renewed), fully rented 3 x 1-bedroom-apartment and 1 x studio apartment, kitchen with stainless steel appliances, bright cabinets, countertops, & light Fixtures. Basement has on site coin operated laundry gives extra income; Building lockers available and located in the basement; 4 numbers of shared laneway parking available at back of building. Security system with cameras installed around the property. Convenient location, steps to subway station, TTC Bus stop, grocery store, schools and shopping area. (id:66096)

Property Details

MLS®: W13740626
Property Type: Multi-family
Zoning: RM
Parking: 4
Interior Size: 2,250 ft²
Frontage: 25 ft
Building Area: 2,250 ft²
Heating: Radiator
Cooling: Fully air conditioned
Property Tax: $5,718/yr
Listed: 62 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

62d

Toronto (Mount Dennis) listings, avg age

63d

Price / ft²

$667

List price

$1.50M

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.

Haho

This multi-family in Toronto (Mount Dennis) has been listed for 62 days, which is 1 days fresher than the city average of 63. Act while there is still low competition.

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Listed by UNION CAPITAL REALTY · LORRAINE LH CHIU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6M)

This home lists at $1,499,999, about 21.0× the local median household income of $71,500.

Carrying it typically needs a household income of about $293,002 (20% down, 25-yr amortization, stress-tested) — roughly 310% above the area median.

Median household income: $71,500
Population: 42,148
Median age: 40
Owner / renter: 46% / 54%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M6M)

$1,499,999· $667/ft²

For sale

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Full Cost Breakdown

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Down Payment8.33% · $124,999.90

Min 8.33%50%

Mortgage payment$7,623/mo

↳ CMHC premium ($55,000 capitalized)

Property tax (est.)$477/mo

Total monthly$8,100

Cash Needed to Close

Down payment (8.33%)$125,000

Land transfer tax$52,950

Est. closing costs$7,000

Total cash needed$184,950

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