$2,950,000

For sale

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135 Sammon Avenue, Toronto (Danforth Village-East York) - Multi-family for Sale

135 Sammon Avenue, Toronto (Danforth Village-East York), Ontario, M4J1Y9

9,082 ft²9,082 sq ft (0.20 ac) lot sizeListed 44 days ago

Overview

↓ $96K (7%) price drop

435 Mortimer Avenue, Toronto (Danforth Village-East York), Ontario, M4J2G1

3 bd3 ba1,300 ft²Lot size 19 × 90 ft (1,692 sq ft)

Listed by RE/MAX ALL-STARS REALTY INC.

1311 Pape Avenue, Toronto (Danforth Village-East York), Ontario, M4K3W9

For sale

162 days ago

$4.16M

1311 Pape Avenue, Toronto (Danforth Village-East York), Ontario, M4K3W9

12 pk

Listed by BAY STREET GROUP INC.

Investment analysis

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$2,950,000

Toronto

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Description

Rare opportunity! 11-unit Multi-Family Residential Building Located in East York. Detached 2.5 Storey With a Gross Leasable Building Area of About 9,082 sq ft. 6 x Two Bed, 4 x One Bed, 1 xBach. Tenants Pay Hydro. Clean and Strong Long-Term Tenants. 6 Surface Parking Spaces and a 2-car Built-In Garage at The Rear of The Property. Roof replaced in 2018. Units 2, 6 and 10 Recently Renovated. Walkable distance to Ontario Subway Line. 10 Min to Bloor Subway Line. (id:66096)

Market Timing

Days on market

44d

Toronto (Danforth Village-East York) listings, avg age

36d

Price / ft²

$325

List price

$2.95M

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 (M4J)

This home lists at $2,950,000, about 31.7× the local median household income of $93,000.

Carrying it typically needs a household income of about $576,238 (20% down, 25-yr amortization, stress-tested) — roughly 520% above the area median.

Median household income: $93,000
Population: 35,128
Median age: 42
Owner / renter: 62% / 38%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4J)

$2,950,000· $325/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $590,000

Min 20%50%

Mortgage payment$12,581/mo

Property tax (est.)$1,788/mo

Total monthly$14,369

Cash Needed to Close

Down payment (20%)$590,000

Land transfer tax$120,450

Est. closing costs$11,350

Total cash needed$721,800

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

135 Sammon Avenue, Toronto (Danforth Village-East York) - Multi-family for Sale

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Neighbourhood profile (M4J)

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