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$1,899,999
Toronto
524 Silverthorn Avenue, Toronto (Keelesdale-Eglinton West), Ontario, M6M3H7
This multi-family property in Toronto is for sale offering roughly 2,750 sq ft of space.
Great Investment Opportunity in the Desirable Keelesdale-Eglinton West Neighbourhood! Purpose Built Legal Duplex with Additional Non-Retrofitted Finished Basement with Separate Front and Side Entrance Access Consists of Two 3 Bedrooms Units on Main and 2nd Floor and Separate Two Bedroom Finished Basement Unit. The Property Features 6 Separate Entrances (3 Front Door & 3 Side Door) 3 Kitchens, 3 Bathrooms Making the Ideal Investment Property, Walkout to Fully Enclosed Balconies from Main and Second Floors. Multigenerational Living or Team Up/Partnership/Owner Living Arrangement. Massive Oversized 40ft Lot Offers Private Driveway for Parking for 6 Cars and Large Double Garage That May Have Garden Suite Potential! Great Well Manicured Private Rear Garden! Major Updates Include Roof (2020), Two Furnaces (2011), and Central Air Conditioning (2011). Parking Is Exceptional with a Private Driveway That Fits up to Six Cars and a Detached Double Garage at the Rear, a Rare Feature in This Area. Located Just Minutes from the Eglinton Crosstown LRT, TTC, Schools, Parks, Shopping, Restaurants, and Major Highways, Keelesdale-Eglinton West Is a Neighbourhood Seeing Significant Growth and Redevelopment, with Strong Rental Demand. A Versatile Property with Plenty of Options for Investors, Multi-Generational Families, or Buyers Looking to Live in One Unit and Generate Additional Income. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 97 days on market, against an average age of 58 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 8-bed multi-family in Toronto (Keelesdale-Eglinton West) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,899,999, about 26.6× the local median household income of $71,500.
Carrying it typically needs a household income of about $371,136 (20% down, 25-yr amortization, stress-tested) — roughly 419% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6M)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.