$1,088,888

$1,199,999For salePrice drop↓ $111,111 (9%)

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166 Caledonia Road, Toronto (Corso Italia-Davenport) - Multi-family for Sale

166 Caledonia Road, Toronto (Corso Italia-Davenport), Ontario, M6E4S7

7 beds5 baths parking

1642 Dufferin Street, Toronto (Corso Italia-Davenport), Ontario, M6H3L8

4 bd2 ba2 pk900 ft²Lot size 25 × 125 ft (3,125 sq ft)

Listed by RIGHT AT HOME REALTY

140 Ascot Avenue, Toronto (Corso Italia-Davenport), Ontario, M6E1G4

For sale

169 days ago

$1.65M

140 Ascot Avenue, Toronto (Corso Italia-Davenport), Ontario, M6E1G4

7 bd5 ba1 pkLot size 18 × 120 ft (2,160 sq ft)

Listed by EASY LIST REALTY LTD.

Investment analysis

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$1,088,888

Toronto

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Description

5 units! Incredible opportunity to own a multiplex, steps from St Clair featuring Two 2-bedroom units and Three bachelor units. Live rent free in one unit and rent out the rest or add 5 doors to your portfolio and have a cash flowing rental property. Four units empty on completion, Upstairs two bedroom unit currently rented at $2,100 per month with parking at a premium in this location. Enjoy your private, clean and spacious garage at the rear, with even more rental potential, total rental potential in current condition is $8500 or renovate to increase. Don't miss your chance to see this one before it's gone. (id:66096)

Property Details

MLS®: W13737862
Property Type: Multi-family
Bedrooms: 7
Beds (above / below): 5 above · 2 below
Bathrooms: 5
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 18 × 132 ft (2,376 sq ft)
Frontage: 18 ft
Storeys: 2
Basement: Apartment in basement, N/A
Heating: Radiant heat, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Property Tax: $4,102/yr
Listed: 63 days ago

Rooms

Main level

Living room: 4.32 x 3.46 meters
Kitchen: 4.75 x 4.37 meters
Primary Bedroom: 3.91 x 3.7 meters
Bedroom 2: 3.13 x 2.61 meters

Basement

Living room: 3.03 x 4.54 meters
Kitchen: 1.8 x 3.3 meters
Bedroom: 3.21 x 2.68 meters
Kitchen: 4.2 x 2.21 meters
Living room: 3.68 x 3.41 meters

Second level

Living room: 4.9 x 3.23 meters
Kitchen: 3.23 x 2.75 meters
Bedroom: 3.16 x 3.97 meters
Bedroom 2: 3.03 x 3.05 meters
Living room: 3.61 x 3.41 meters
Kitchen: 2.33 x 2.83 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

63d

Toronto (Corso Italia-Davenport) listings, avg age

63d

Price / ft²

$622

List price

$1.09M

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 (M6E)

This home lists at $1,088,888, about 13.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $212,698 (20% down, 25-yr amortization, stress-tested) — roughly 159% above the area median.

Median household income: $82,000
Population: 37,684
Median age: 40.8
Owner / renter: 55% / 45%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6E)

$1,088,888· $622/ft²

For sale

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Full Cost Breakdown

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Down Payment7.70% · $83,888.80

Min 7.70%50%

Mortgage payment$5,572/mo

↳ CMHC premium ($40,200 capitalized)

Property tax (est.)$342/mo

Total monthly$5,914

Cash Needed to Close

Down payment (7.70%)$83,889

Land transfer tax$36,506

Est. closing costs$5,767

Total cash needed$126,161

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166 Caledonia Road, Toronto (Corso Italia-Davenport) - Multi-family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M6E)

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Full Cost Breakdown