$1,299,000

For sale

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35 Fifteenth Street, Toronto (New Toronto) - Multi-family for Sale

35 Fifteenth Street, Toronto (New Toronto), Ontario, M8V3J3

5 beds3 baths3 parking ft²

121 Fourth Street, Toronto (New Toronto), Ontario, M8V2Y6

12 bd10 ba6 pkLot size 50 × 118 ft (5,900 sq ft)

Listed by RIGHT AT HOME REALTY

Investment analysis

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$1,299,000

Toronto

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Overview

This multi-family property in Toronto is for sale offering roughly 1,750 sq ft of space. It has been on the market 8 days, fresher than the Toronto average of 77 days.

Multi-Family Properties for Sale in Toronto →All real estate in Toronto →

Description

Renovated Triplex In Toronto! Great Investment Opportunity! Main and second floors Feature Large two Bedrooms Apts And the basement unit is a large one Bedroom Apt. Three Parking Spots.. Both Two Bedrooms Units Have Same Layout 850 Sqft Each. One Bedroom Is 800 Sqft, All units have air conditioning, stainless steel appliances (stove, fridge, microwave and dishwasher)Great Location, Easy Access To Mimico Go Station, Qew, Kipling Subway. Walking Distance To Humber College, Lake Shore, Parks, Shops & Restaurants. Too many upgrades, please see attachments (id:66096)

Property Details

MLS®: W14118946
Property Type: Multi-family
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 3
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 25 × 113 ft (2,825 sq ft)
Frontage: 25 ft
Storeys: 2
Basement: Apartment in basement, Separate entrance, N/A, N/A
Heating: Natural gas
Cooling: Central air conditioning
Garage: No Garage
Property Tax: $5,655.66/yr
Listed: 8 days ago

Rooms

Main level

Living room: 5.7 x 3.9 meters
Dining room: 5.7 x 3.9 meters
Kitchen: 3.93 x 2.84 meters
Primary Bedroom: 3.4 x 3.4 meters
Bedroom 2: 3.5 x 3.3 meters

Basement

Living room: 5.6 x 3.85 meters
Kitchen: 3.8 x 2.7 meters
Bedroom: 3.4 x 3.1 meters

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Microwave
Flooring: Hardwood, Ceramic
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (New Toronto) listings, avg age

77d

Price / ft²

$742

List price

$1.30M

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.

Area context

Neighbourhood profile (M8V)

This home lists at $1,299,000, about 16.4× the local median household income of $79,000.

Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 221% above the area median.

Median household income: $79,000
Population: 44,144
Median age: 40
Owner / renter: 49% / 51%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M8V)

$1,299,000· $742/ft²

For sale

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Full Cost Breakdown

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Down Payment8.08% · $104,900

Min 8.08%50%

Mortgage payment$6,620/mo

↳ CMHC premium ($47,764 capitalized)

Property tax (est.)$471/mo

Total monthly$7,092

Cash Needed to Close

Down payment (8.08%)$104,900

Land transfer tax$44,910

Est. closing costs$6,397

Total cash needed$156,207

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

35 Fifteenth Street, Toronto (New Toronto) - Multi-family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M8V)

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Full Cost Breakdown