$1,899,000

For sale

3 Harshaw Avenue, Toronto (Runnymede-Bloor West Village) - Multi-family for Sale

3 Harshaw Avenue, Toronto (Runnymede-Bloor West Village), Ontario, M6S1X7

2 parking2,949 ft²30 × 50 ft (1,500 sq ft) lot sizeListed 16 days ago

Overview

This multi-family property in Toronto is for sale offering roughly 2,949 sq ft of space. It has been on the market 16 days, fresher than the Toronto average of 37 days.

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Description

A rare opportunity to acquire an incredible generational investment asset in Bloor WestVillage. Perfectly positioned on a quiet residential street amongst multi million dollar homes.This purpose built property offers unmatched tenant appeal and long term value. The building was built new in 1987 with underground parking and over 2949 square feet of living space. All three spacious, well appointed two bedroom units are above grade! Two of the units are two storey each, with open concept living spaces, exposed brick and additional powder rooms! All units are separately metered for hydro and heat Additionally there are four storage lockers. Located within the sought after Runnymede Junior and Senior Public School as well as Humberside Collegiate catchment area and only a five minute walk to the subway, local cafes, trendy shops, restaurants and local parks. This triplex is the perfect turn key investment with great incomein a prime location! Perfect for investors or multi generational living. Whether you're looking to expand your investment portfolio or secure a multi-generational residence, this exceptional property offers endless potential. (id:66096)

Property Details

MLS®: W14093854
Property Type: Multi-family
Business Type: Residential
Zoning: CR2.5 (c1;r2*1563), RD (f12;a370;d0.4)
Parking: 2
Interior Size: 2,949 ft²
Lot Size: 30 × 50 ft (1,500 sq ft)
Frontage: 30 ft
Heating: Baseboard heaters, Forced air, Natural gas
Cooling: Fully air conditioned
Garage: Underground
Property Tax: $9,752.52/yr
Listed: 16 days ago

Features

Appliances: Washer, Dishwasher, Dryer, Garage door opener, Water Heater

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Toronto (Runnymede-Bloor West Village) listings, avg age

37d

Price / ft²

$644

List price

$1.90M

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 multi-family in Toronto (Runnymede-Bloor West Village) has been listed for 16 days, which is 21 days fresher than the city average of 37. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · JOHN PANKIW

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6S)

This home lists at $1,899,000, about 17.6× the local median household income of $108,000.

Carrying it typically needs a household income of about $370,941 (20% down, 25-yr amortization, stress-tested) — roughly 243% above the area median.

Median household income: $108,000
Population: 34,029
Median age: 41.6
Owner / renter: 68% / 33%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6S)

$1,899,000· $644/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $379,800

Min 20%50%

Mortgage payment$8,099/mo

Property tax (est.)$813/mo

Total monthly$8,911

Cash Needed to Close

Down payment (20%)$379,800

Land transfer tax$68,910

Est. closing costs$8,197

Total cash needed$456,907

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