$1,450,000
Toronto
28 Concord Avenue, Toronto (Palmerston-Little Italy), Ontario, M6H2P1
This multi-family property in Toronto is for sale offering roughly 2,250 sq ft of space. It has been on the market 21 days, fresher than the Toronto average of 55 days.
If you value large scale and versatility, this grand three-storey Edwardian on a 25' x 137' lot will offer you choices. Be charmed by the original stained glass, hardwood floors, soaring ceilings, oversized windows & an optimized east-facing front porch. With over 3000 SqFt of usable space in the entire home, reimagine a single-family home, multigenerational living or continue generating rental income by maintaining separation. 2 entrances are located at the front & 1 on the side. The currently tenanted main level of approximately 850 SqFt features generous storage and walk-in closets. The staircase to the second and third floors are exceptionally wide. The upper levels have been recently vacated by the owner and form one spacious unit of approx 1,500 SqFt ideal for an owner's residence or rental suite. The generous layout features separate living and dining rooms, a den, three generously sized bedrooms and two full 4-piece bathrooms. The basement, accessible via the side entrance, provides additional square footage. It was previously used as a separate living space with a kitchen, washroom and 3 additional rooms with windows. The deep west-facing backyard unfolds into distinct zones for gardening, play & entertaining, creating a private urban retreat with afternoon and evening sun. A legal front-yard parking pad adds valuable urban convenience. Ideally situated just north of College Street, walk to the highly rated Dewson St School & north to the subway, Dufferin Mall, CTA High School and neighbourhood parks. The Ossington Strip, Little Italy, Trinity Bellwoods, independent shops and cafés are all nearby, with the University of Toronto just a quick commute away. A distinguished Toronto grand dame held by the same family for more than 55 years with remarkable proportions, enduring character and incredible possibilities - ready for your design, update or renovate and become part of its story. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 21 days on market, against an average age of 55 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 6-bed multi-family in Toronto (Palmerston-Little Italy) has been listed for 21 days, which is 34 days fresher than the city average of 55. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,450,000, about 17.5× the local median household income of $83,000.
Carrying it typically needs a household income of about $283,236 (20% down, 25-yr amortization, stress-tested) — roughly 241% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6H)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.