

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$1,299,900
Toronto
247 Prescott Avenue, Toronto (Weston-Pellam Park), Ontario, M6N3G9
This multi-family property in Toronto is for sale offering roughly 1,750 sq ft of space.
Stunning turn-key fourplex offering an exceptional opportunity in a highly desirable location! Thoughtfully configured with two spacious 2-bedroom units, one 1-bedroom unit, and one bachelor unit, each showcasing modern finishes and inviting living spaces. The well-planned layout features one unit on the third floor, one unit on the second floor, and two units on the main floor, creating a versatile multi-unit property with plenty of appeal.Ideally situated on a street that offers the charm and comfortable feel of suburban living while keeping you connected to all the urban conveniences of the city. Enjoy the best of both worlds-a welcoming residential setting paired with the accessibility and lifestyle today's city dwellers appreciate. With its attractive modern interiors, turn-key condition and highly functional four-unit configuration, this property presents an exciting opportunity for investors and buyers looking to add a standout multi-unit property to their portfolio. A rare offering with tremendous appeal and an exceptional opportunity that won't last long! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 70 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 5-bed multi-family in Toronto (Weston-Pellam Park) 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 $1,299,900, about 17.2× the local median household income of $75,500.
Carrying it typically needs a household income of about $253,916 (20% down, 25-yr amortization, stress-tested) — roughly 236% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6N)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice