$1,750,000

For sale

272 Seaton Street, Toronto (Cabbagetown-South St. James Town) - Multi-family for Sale

272 Seaton Street, Toronto (Cabbagetown-South St. James Town), Ontario, M5A2T4

5 beds3 baths7 parking2,750 ft²17 × 162 ft (2,761 sq ft) lot sizeListed 50 days ago

Overview

This multi-family property in Toronto is for sale offering roughly 2,750 sq ft of space. It has been on the market 50 days, fresher than the Toronto average of 56 days.

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Description

Brand New Rebuilt - Double Brick - Triplex in Downtown Toronto! Complete Gut-Renovation down to the studs, with completion in approx.6 weeks. 3 Legal Separate Suites - All Built to new codes, with separate meters, hardwired fire system, New Roof, New Main Staircase, New Insulation, New Drywall, New Floors, Brand New Modern Kitchens, with Dishwashers. A 3 year complete renovation on a very large victorian home, with 7, yes SEVEN parking spaces, a ~163 foot deep lot with fenced backyard. Potential for 2 floor garden home addition, fourth unit in basement (high ceilings). Boasting, Two 2 Bedroom Units with 12' high ceilings, and 1 large loft unit with an additional 1 bedroom, vaulted ceilings and a massive 19'x7' Private Deck. Perfect for "growing into" this spectacular victorian for end users or investors. All building under city permits. (id:66096)

Property Details

MLS®: C13786680
Property Type: Multi-family
Zoning: Residential
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 3
Parking: 7
Interior Size: 2,750 ft²
Lot Size: 17 × 162 ft (2,761 sq ft)
Frontage: 17 ft
Storeys: 2
Basement: Unfinished, Walk out, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Property Tax: $8,436.3/yr
Listed: 50 days ago

Rooms

Main level

Living room: 7.2 x 4.75 meters
Bedroom: 5 x 3 meters
Bedroom: 3.77 x 2.6 meters

Second level

Living room: 8.9 x 4.75 meters
Bedroom: 4.9 x 4.7 meters
Bedroom: 3.55 x 2.45 meters

Third level

Living room: 5 x 4.75 meters
Kitchen: 2.65 x 2.2 meters
Bedroom: 5 x 4.7 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Water Heater - Tankless
Flooring: Laminate
Foundation: Unknown
Exterior: Brick
Lot Features: Lane, Lighting, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Toronto (Cabbagetown-South St. James Town) listings, avg age

56d

Price / ft²

$636

List price

$1.75M

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.

Haho

This 5-bed multi-family in Toronto (Cabbagetown-South St. James Town) has been listed for 50 days, which is 6 days fresher than the city average of 56. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · MARK ROSEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $1,750,000, about 24.6× the local median household income of $71,000.

Carrying it typically needs a household income of about $341,836 (20% down, 25-yr amortization, stress-tested) — roughly 381% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$1,750,000· $636/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $350,000

Min 20%50%

Mortgage payment$7,463/mo

Property tax (est.)$703/mo

Total monthly$8,166

Cash Needed to Close

Down payment (20%)$350,000

Land transfer tax$62,950

Est. closing costs$7,750

Total cash needed$420,700

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