$1,999,999

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328 High Park Avenue, Toronto (Junction Area) - Multi-family for Sale

328 High Park Avenue, Toronto (Junction Area), Ontario, M6P2S7

7 beds5 baths5 parking3,250 ft²29 × 200 ft (5,800 sq ft) lot sizeListed 89 days ago

Overview

This multi-family property in Toronto is for sale offering roughly 3,250 sq ft of space.

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Description

The One and Only High Park Avenue is Calling. Exceptional Opportunity to Own a Fabulous Income Generating Property in the Heart of the Junction. Stroll down To the Iconic High Park Grounds, Shop and Sip Wonderful Cocktails and Fine Dining at your Doorstep. We offer 3 Self-Contained Units, all Within a Massive 3000 Square Foot Plus Home, Situated on a Huge 29 By 200 Foot Lot With A Detached 2 Car Garage and Parking for 5. With 2 Three Bedroom Suites and 1 One Bedroom Suite, You can Truly Live the Life You Wish. Want More? How About A Potential 4th Suite in the Basement with Private Entrance! Currently Generating $7925 / Month With Options For More. All The Best of this Bloor West Junction Neighbourhood Awaits and The Time For A Change is Now. (id:66096)

Property Details

MLS®: W13652020
Property Type: Multi-family
Bedrooms: 7
Beds (above / below): 7 above · 0 below
Bathrooms: 5
Half Baths: 2
Parking: 5
Interior Size: 3,250 ft²
Lot Size: 29 × 200 ft (5,800 sq ft)
Frontage: 29 ft
Storeys: 2
Basement: Unfinished, Separate entrance, Walk-up, N/A, N/A, N/A
Heating: Radiant heat, Natural gas
Cooling: Window air conditioner
Garage: Detached Garage, Garage
Fireplace: Yes
Property Tax: $10,391/yr

Rooms

Main level

Kitchen: 3.35 x 3.28 meters
Living room: 3.58 x 2.95 meters
Dining room: 3.96 x 3.38 meters
Den: 2.87 x 2.59 meters
Bedroom: 3.68 x 2.64 meters
Bedroom 2: 4.04 x 2.39 meters
Primary Bedroom: 3.71 x 2.62 meters

Third level

Bedroom: 6.35 x 4.27 meters

Second level

Living room: 4.5 x 3.68 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Water Heater - Tankless
Flooring: Hardwood, Ceramic
Foundation: Stone
Exterior: Steel, Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

89d

Toronto (Junction Area) listings, avg age

62d

Price / ft²

$615

List price

$2.00M

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 7-bed multi-family in Toronto (Junction Area) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX WEST REALTY INC. · BRAD KOVATCH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6P)

This home lists at $1,999,999, about 23.3× the local median household income of $86,000.

Carrying it typically needs a household income of about $390,670 (20% down, 25-yr amortization, stress-tested) — roughly 354% above the area median.

Median household income: $86,000
Population: 39,870
Median age: 39.2
Owner / renter: 43% / 58%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA M6P)

$1,999,999· $615/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $399,999.80

Min 20%50%

Mortgage payment$8,529/mo

Property tax (est.)$866/mo

Total monthly$9,395

Cash Needed to Close

Down payment (20%)$400,000

Land transfer tax$72,950

Est. closing costs$8,500

Total cash needed$481,450

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328 High Park Avenue, Toronto (Junction Area) - Multi-family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M6P)

Book a showing

Full Cost Breakdown