$3,750,000

For sale

137 High Park Avenue, Toronto (High Park North) - Multi-family for Sale

137 High Park Avenue, Toronto (High Park North), Ontario, M6P2S3

7 beds4 baths6 parking3,250 ft²33 × 200 ft (6,510 sq ft) lot sizeListed 29 days ago

Overview

This multi-family property in Toronto is for sale offering roughly 3,250 sq ft of space. It has been on the market 29 days, fresher than the Toronto average of 59 days.

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Description

Exquisite triplex residence that has been completely renovated back to the studs and meticulously crafted for the discerning buyer, who appreciates superior workmanship and sophisticated styling. Each luxurious unit including the 2 bedroom lower level is of magazine quality and with their own furnace, hydro, central air, tankless hot water, security systems and ensuite laundry's. Located on a200 ft lot with heated double car garage. Landscape has identified that the property does comply with the current zoning by-laws and likely eligible for a garden suite. This could add to the current total income of $149,000/year. Cap Rate is 3% after expenses. This property is a one of a kind, trophy investment property or an ideal multi generational home. (id:66096)

Property Details

MLS®: W13865812
Property Type: Multi-family
Bedrooms: 7
Beds (above / below): 7 above · 0 below
Bathrooms: 4
Parking: 6
Interior Size: 3,250 ft²
Lot Size: 33 × 200 ft (6,510 sq ft)
Frontage: 33 ft
Storeys: 2
Basement: Finished, Full, Apartment in basement, Separate entrance, Walk-up, N/A, N/A, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Property Tax: $15,530.37/yr
Listed: 29 days ago

Rooms

Main level

Living room: 5.51 x 5.33 meters
Dining room: 5.51 x 5.33 meters
Kitchen: 5.05 x 5 meters
Primary Bedroom: 3.66 x 3.16 meters
Bedroom 2: 3.94 x 3.66 meters

Third level

Primary Bedroom: 4.34 x 4.19 meters
Family room: 6.32 x 4.75 meters

Second level

Living room: 6.7 x 6.48 meters
Dining room: 6.7 x 6.48 meters

Features

Appliances: Refrigerator, Gas stove(s), Microwave, Garage door opener, Garage door opener remote(s), Water Heater - Tankless
Flooring: Hardwood
Foundation: Unknown
Exterior: Brick
Lot Features: Flat site

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Toronto (High Park North) listings, avg age

59d

Price / ft²

$1,154

List price

$3.75M

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 7-bed multi-family in Toronto (High Park North) has been listed for 29 days, which is 30 days fresher than the city average of 59. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · DAIVA DALINDA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6P)

This home lists at $3,750,000, about 43.6× the local median household income of $86,000.

Carrying it typically needs a household income of about $732,506 (20% down, 25-yr amortization, stress-tested) — roughly 752% above the area median.

Median household income: $86,000
Population: 39,870
Median age: 39.2
Owner / renter: 43% / 58%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA M6P)

$3,750,000· $1,154/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $750,000

Min 20%50%

Mortgage payment$15,993/mo

Property tax (est.)$1,294/mo

Total monthly$17,287

Cash Needed to Close

Down payment (20%)$750,000

Land transfer tax$160,450

Est. closing costs$13,750

Total cash needed$924,200

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