$1,499,000
Toronto
182 Coleman Avenue, Toronto (East End-Danforth), Ontario, M4C1R4
This multi-family property in Toronto is for sale offering roughly 1,750 sq ft of space.
Exceptional opportunity to own a versatile duplex in the heart of Crescent Town, just steps from the vibrant Danforth! Whether you're an investor looking for strong income potential or a buyer seeking a multi-generational living opportunity, this property offers incredible flexibility.This solid, meticulously maintained brick home features two self-contained 2-bedroom, 1-bathroom suites on the main and upper levels, while the finished basement includes 3 bedrooms, a full bathroom, and a kitchen, providing even more living possibilities. Each unit feels bright and open, with large windows throughout. An added bonus, a private drive featuring a double-car block garage. Lovingly updated since 2020, this property showcases numerous cosmetic improvements, including new flooring and baseboards throughout, fresh paint, a beautifully renovated upper-level kitchen, updated appliances, modern light fixtures, stylish barn doors, custom closet organizers, and much more (see attached improvement list). As an added bonus, the home is being offered fully furnished, making it an exceptional turnkey opportunity.Located in one of Toronto's most connected east-end neighbourhoods, you'll enjoy being just a short walk to Victoria Park Subway Station, Danforth GO Station, parks, schools, grocery stores, cafés, restaurants, and all the everyday amenities that make the Danforth such a sought-after place to live. With convenient transit access, a vibrant community, and outstanding income potential, this is a rare opportunity not to be missed. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 86 days on market, against an average age of 56 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 7-bed multi-family in Toronto (East End-Danforth) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,499,000, about 18.1× the local median household income of $83,000.
Carrying it typically needs a household income of about $292,807 (20% down, 25-yr amortization, stress-tested) — roughly 253% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4C)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.