$1,298,000

For saleJust listed

361 Highfield Road, Toronto (Greenwood-Coxwell) - Multi-family for Sale

361 Highfield Road, Toronto (Greenwood-Coxwell), Ontario, M4L2V7

4 beds3 baths6 parking1,300 ft²26 × 100 ft (2,603 sq ft) lot sizeListed Yesterday

Overview

This multi-family property in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 1 day, fresher than the Toronto average of 50 days.

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Description

Rare legal triplex offering the potential for three fully self-contained units - an exceptional investment or multi-generational living opportunity! This fully renovated semi-detached home features a spacious 4-bedrooms, 2-bath main and upper unit, plus a finished basement apartment with a separate entrance, kitchen, great room, and bathroom. Lots of windows, very bright and spacious. Nestled in one of Toronto's most sought-after family neighbourhoods, just steps to Monarch Park and Greenwood Park with a pool, farmers' market, sports facilities, and off-leash dog park. Direct bus to Greenwood Station or an easy 10-minute walk to the Danforth and subway. A fantastic opportunity for investors and end-users alike! (id:66096)

Property Details

MLS®: E14144430
Property Type: Multi-family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Parking: 6
Interior Size: 1,300 ft²
Lot Size: 26 × 100 ft (2,603 sq ft)
Frontage: 26 ft
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Property Tax: $6,247.61/yr
Listed: Yesterday

Rooms

Main level

Living room: 4.99 x 3.72 meters
Bedroom: 4.13 x 2.64 meters
Kitchen: 2.87 x 3.77 meters
Dining room: 2.64 x 4.13 meters

Lower level

Laundry room: 2.68 x 3.36 meters
Great room: 3.23 x 5.09 meters
Kitchen: 4.02 x 2.3 meters

Second level

Bedroom: 3.39 x 3.71 meters
Den: 1.97 x 1.93 meters

Features

Appliances: Washer, Dryer, Two stoves, Window Coverings, Two Refrigerators
Flooring: Tile, Hardwood
Foundation: Unknown, Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Greenwood-Coxwell) listings, avg age

50d

Price / ft²

$998

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.

Haho

This 4-bed multi-family in Toronto (Greenwood-Coxwell) has been listed for 1 day, which is 49 days fresher than the city average of 50. Act while there is still low competition.

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Listed by HC REALTY GROUP INC. · RAYMOND M.C. LEE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4L)

This home lists at $1,298,000, about 12.9× the local median household income of $101,000.

Carrying it typically needs a household income of about $253,545 (20% down, 25-yr amortization, stress-tested) — roughly 151% above the area median.

Median household income: $101,000
Population: 32,218
Median age: 40.8
Owner / renter: 61% / 39%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M4L)

$1,298,000· $998/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment8.07% · $104,800

Min 8.07%50%

Mortgage payment$6,615/mo

↳ CMHC premium ($47,728 capitalized)

Property tax (est.)$521/mo

Total monthly$7,136

Cash Needed to Close

Down payment (8.07%)$104,800

Land transfer tax$44,870

Est. closing costs$6,394

Total cash needed$156,064

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