$2,089,000
Toronto
2 Afton Avenue, Toronto (Little Portugal), Ontario, M6J1R7
This multi-family property in Toronto is for sale offering roughly 350 sq ft of space. It has been on the market 50 days, fresher than the Toronto average of 71 days.
Beautifully renovated LEGAL semi-detached 4-plex in the heart of Little Portugal in Beaconsfield Village! Tucked away on a quiet street yet steps away from the best of Toronto, this gorgeous property offers an Exceptional Investment opportunity with timeless character and modern updates. This heritage bay-and-gable style property features top-quality finishes including crown moulding, stained glass, hardwood floors, granite kitchen countertops, copper downpipes and eavesthroughs, and beautiful exposed brick! Soaring ceilings on the ground floor and a vaulted third-floor ceiling create bright, impressive living spaces. The main, second and third level apartments enjoy their own private outdoor spaces and feature gas stoves, with gas fireplaces on the main and second floors. There's even a view of the CN Tower from the 3rd floor deck! Renovated electrical and plumbing systems meet current needs, while important fire-code safety features include a manual fire alarm pull station, fire extinguishers, exit signs, fire doors, self-closing hinges, and interconnected smoke and carbon monoxide detectors. Shared coin laundry adds convenience. The property has four separate hydro meters, with the house and basement jointly metered, plus two parking spaces. Market-price rents provide provide strong income in this well-maintained property! Perfectly located between Dundas Street West and Queen Street West, this home is a short walk to Ossington St, Trinity Bellwoods Park and surrounded by outstanding restaurants, cafes, shops, and nightlife. Easy access to the Dundas and Queen streetcars makes getting around effortless. A rare combination of heritage charm, turnkey condition and income generation in one of Toronto's most vibrant neighbourhoods! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 50 days on market, against an average age of 71 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 4-bed multi-family in Toronto (Little Portugal) has been listed for 50 days, which is 21 days fresher than the city average of 71. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,089,000, about 23.2× the local median household income of $90,000.
Carrying it typically needs a household income of about $408,055 (20% down, 25-yr amortization, stress-tested) — roughly 353% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6J)
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Loading rates, 30-yr amortization
Cash Needed to Close
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
