$2,150,000
Toronto
52 Heydon Park Road, Toronto (Little Portugal), Ontario, M6J2C8
This 7-bedroom, 6-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. It has been on the market 44 days, fresher than the Toronto average of 71 days.
Welcome to 52 Heydon Park Road, a beautifully maintained property gutted and rebuilt featuring 5 self-contained apartments with 4 separate hydro meters, basement underpinned with over 7 foot ceilings. Buyer can easily convert main and second floor to large signal family keeping 2 lower units as rental. Nestled in one of Toronto's most vibrant and desirable neighborhood, located on a quite street yet steps to College St restaurants, cafes, Dovercourt YMCA, parks, Little Italy, Little Portugal, transit and schools. This exceptional multi-unit property is perfect for investors looking to generate solid income or perfect for a family looking to occupy the second floor unit featuring approximately 1200 sq ft with 3 Bedrooms, 2 baths, en-suite laundry, independent HVAC system, fireplace, and a walk-out balcony with great views, while keeping the 4 lower rental units to off set mortgage payments. The property is fully tenanted with reliable professional occupants and includes shared coin operated laundry room for main floor and basement units. A private driveway and detached garage provide extra value, with parking income potential of $500/month boosting your cash flow even further. Each unit is unique, self-contained, with separate heating/AC systems. Situated on a slightly elevated south facing landscaped corner lot providing natural light throughout the day with great curb appeal, the newly installed side yard interlocking leads to a rear double private driveway facing a detached double garage. This is truly a turn property with very low interior and exterior maintenance, in a fantastic location. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 44 days on market, against an average age of 71 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 7-bed single family in Toronto (Little Portugal) has been listed for 44 days, which is 27 days fresher than the city average of 71. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,150,000, about 23.9× the local median household income of $90,000.
Carrying it typically needs a household income of about $419,970 (20% down, 25-yr amortization, stress-tested) — roughly 367% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6J)
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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.