502 Atlas Avenue, Toronto (Oakwood Village), Ontario, M6C3R3

For saleJust listed

3 days ago

$1.84M

502 Atlas Avenue, Toronto (Oakwood Village), Ontario, M6C3R3

7 bd7 ba3,250 ft²Lot size 35 × 61 ft (2,135 sq ft)

Listed by RE/MAX WEST REALTY INC.

167 Westmount Avenue, Toronto (Oakwood Village), Ontario, M6E3M6

For sale

32 days ago

$1.13M

167 Westmount Avenue, Toronto (Oakwood Village), Ontario, M6E3M6

3 bd3 ba2 pk1,300 ft²Lot size 25 × 119 ft (2,973 sq ft)

Listed by ROYAL LEPAGE TERREQUITY REALTY

33 Lanark Avenue, Toronto (Oakwood Village), Ontario, M6C2B5

For sale

53 days ago

$2.25M

33 Lanark Avenue, Toronto (Oakwood Village), Ontario, M6C2B5

8 bd5 ba5 pk2,750 ft²Lot size 25 × 118 ft (2,945 sq ft)

Listed by RE/MAX REALTRON BARRY COHEN HOMES INC.

Investment analysis

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$1,100,000

Toronto

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$1,100,000

For saleJust listed

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167 Westmount Avenue, Toronto (Oakwood Village) - Multi-family for Sale

167 Westmount Avenue, Toronto (Oakwood Village), Ontario, M6E3M6

3 beds3 baths2 parking1,300 ft²25 × 119 ft (2,973 sq ft) lot sizeListed Yesterday

Overview

This multi-family property in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 1 day, fresher than the Toronto average of 55 days.

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

Description

5% Cap rate! Updated, well maintained, detached house, a Duplex + basement unit, in superbe location. Units are occupied by great tenants, who would be happy to stay. Perfect as well for a multi-generational project, or owner occupied with rental income. Quiet street, steps to the most vibrant part of Corso Italia with plenty of shops and cafés on St Clair West, excellent TTC access. walking distance to Wychwood barns, parks and Metrolinx new line on Eglinton. All units have been updated. Main & upper floors have their own washer/dryer & window units AC. Central heating is gas, radiant. 2 legal front pad parkings. 1333 sqft above ground, 642 bsmt, lot 25 x 119ft. Main floor lease until April 2027. Seller, agent do not warrant retrofit of bsmt unit. Fl plans, Financials, Inspection, list of Upgrades attached. Some photos are before tenancy. (id:66096)

Property Details

MLS®: C14152186
Property Type: Multi-family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 3
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 25 × 119 ft (2,973 sq ft)
Frontage: 25 ft
Storeys: 2
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Radiant heat, Natural gas
Cooling: Window air conditioner
Garage: No Garage
Fireplace: Yes
Property Tax: $5,214.74/yr
Listed: Yesterday

Rooms

Ground level

Living room: 3.58 x 3.48 meters
Bedroom: 4.22 x 2.97 meters
Kitchen: 3.66 x 3.35 meters

Second level

Living room: 3.71 x 3.05 meters
Bedroom: 3.58 x 3.05 meters
Kitchen: 2.59 x 2.57 meters

Basement

Living room: 4.17 x 5 meters
Bedroom: 3.25 x 3.51 meters

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Window Coverings, Water Heater - Tankless
Flooring: Laminate
Foundation: Block, Brick
Exterior: Brick
Lot Features: Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Oakwood Village) listings, avg age

55d

Price / ft²

$846

List price

$1.10M

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 3-bed multi-family in Toronto (Oakwood Village) has been listed for 1 day, which is 54 days fresher than the city average of 55. Act while there is still low competition.

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Listed by ROYAL LEPAGE TERREQUITY REALTY · MONIKA MERINAT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6E)

This home lists at $1,100,000, about 13.4× the local median household income of $82,000.

Carrying it typically needs a household income of about $214,869 (20% down, 25-yr amortization, stress-tested) — roughly 162% 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)

$1,100,000· $846/ft²

For sale

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Full Cost Breakdown

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Down Payment7.73% · $85,000

Min 7.73%50%

Mortgage payment$5,627/mo

↳ CMHC premium ($40,600 capitalized)

Property tax (est.)$435/mo

Total monthly$6,062

Cash Needed to Close

Down payment (7.73%)$85,000

Land transfer tax$36,950

Est. closing costs$5,800

Total cash needed$127,750

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