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$1,975,000
Toronto
153 Strachan Avenue, Toronto (Niagara), Ontario, M6J2S8
This 1-bedroom, 1-bathroom home in Toronto is for sale offering roughly 350 sq ft of space. It has been on the market 8 days, fresher than the Toronto average of 49 days.
Unicorn development site -- 18m (59) height limit -- Up to 8,500 buildable square feet -- Up to 5 storeys plus raised lower level -- That's SIX 1,300SF levels and a laneway house -- A Spectacular site with three (3) options -- 1. A 6,500SF bespoke home of your custom design and 5 levels each with 12-foot ceilings and 24-foot ceilings in living room -- 2. A 6 level multi-family or investment home with 2 storey owner's home plus 4 floors for family or rentals -- 3. A Six-plex with six full floor 1,300SF luxury suites commanding premium rents -- Any of these options also include a laneway suite with covered parking for 4 cars -- One set of building permits have already been approved and revisions submitted -- Can start construction quickly -- Construction management, sub-contractors and trades are in place so construction can be completed with a year -- Features include: wide 24 x 120 lot with wide lane access, laneway house over 4 car parking and private access to main house, superior steel and concrete construction, custom glass elevator, grand scale and ceiling heights, unmatched views & exceptional architecture -- Located in downtown's best Trinity-Bellwoods, Ossington, King/Queen West, Financial District, Lake location and next door to to some of downtowns most expensive townhomes. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 8 days on market, against an average age of 49 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 1-bed single family in Toronto (Niagara) has been listed for 8 days, which is 41 days fresher than the city average of 49. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,975,000, about 21.9× the local median household income of $90,000.
Carrying it typically needs a household income of about $385,787 (20% down, 25-yr amortization, stress-tested) — roughly 329% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6J)
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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