20 Maynard Avenue, Toronto (South Parkdale), Ontario, M6K2Z9




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$4,195,000
Toronto
This multi-family property in Toronto is for sale offering roughly 5,800 sq ft of space.
Prime Turnkey Investment Property With 18 Legal Self-Contained Apartments In A Well Maintained And Upgraded Converted Building. 15 Bachelors, 2 Two Bedrooms And 1 Large Open Concept Unit, Wide 40' X 145' Lot With A Private Drive And 2 Large Parking Spaces. Many Below Market Rents With Upside In A Rapidly Improving Neighbourhood Between Queen West And Roncesvalles. Well Managed And In Great Repair, Clean And Easy To Manage With A Great Mix Of Young Professional And Mature Tenants. 3 Large Rear Units Newly Constructed, Including Central Air Conditioning and Ensuite Laundry. Rent Roll And Expenses, Floor Plans, Building Permits And Survey Attached. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 166 days on market, against an average age of 64 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 multi-family in Toronto (South Parkdale) 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 $4,195,000, about 58.3× the local median household income of $72,000.
Carrying it typically needs a household income of about $819,430 (20% down, 25-yr amortization, stress-tested) — roughly 1038% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6K)
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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