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$1,350,000
Toronto
200 Roxton Road, Toronto (Trinity-Bellwoods), Ontario, M6J2Y5
This multi-family property in Toronto is for sale offering roughly 1,750 sq ft of space. It has been on the market 15 days, fresher than the Toronto average of 51 days.
Exceptional Income Property in a Prime Toronto Location! An outstanding opportunity to acquire an income-generating 2.5 storey property in one of Toronto's established, high-demand neighbourhoods. Beautifully refreshed and tenanted by quality professionals. The property features contemporary finishes and individual ductless A/C units for added comfort.The main-floor suite offers 1 bedroom, 1 bathroom, a generous eat-in kitchen and a walkout to a private backyard. The spacious upper suite, spanning the second and third floors, features 3 bedrooms, 1 bathroom, a sunroom ideal for a home office and durable laminate flooring throughout. The basement features a separate front entrance, adding flexibility to the property's layout.A detached garage at the rear, complemented by valuable laneway access, adds to the value.Ideally located steps from College Street, the property enjoys a vibrant, walkable setting close to renowned restaurants, cafés, shops, cultural attractions and convenient transit connections. With established tenancy, versatile living space and a desirable urban location, this property presents an attractive opportunity for investors seeking to expand their rental portfolio.Looking to grow your real estate portfolio with an income-generating Toronto property? Make this investment opportunity yours! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 15 days on market, against an average age of 51 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 5-bed multi-family in Toronto (Trinity-Bellwoods) has been listed for 15 days, which is 36 days fresher than the city average of 51. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,350,000, about 15.0× the local median household income of $90,000.
Carrying it typically needs a household income of about $263,702 (20% down, 25-yr amortization, stress-tested) — roughly 193% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6J)
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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
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.