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$1,349,000
Toronto
59 Alicewood Court, Toronto (West Humber-Clairville), Ontario, M9V3Y1
This multi-family property in Toronto is for sale offering roughly 2,750 sq ft of space. It has been on the market 0 days, fresher than the Toronto average of 59 days.
Welcome to 59 Alicewood Court! A Fully Renovated Legal Detached Triplex in Etobicoke. Live Mortgage Free or Rent all 3 Units and collect rent as a landlord! Cash Flow! The best part; all units are vacant, fully renovated, and ready to collect MARKET RENT. Three self-contained units, three rental income streams, and one quiet Etobicoke street. This fully renovated legal detached triplex is a turnkey opportunity for investors, multi-generational families, or buyers who want to live in one unit and have the others help pay the mortgage.The property offers a spacious 1 x four-bedroom unit, 1 x three-bedroom unit, and 1 x two-bedroom basement apartment. All three units are fully separated, each with its own private entrance and its own in-suite washer and dryer. Tenants also have access to backyard space, and the double car garage adds valuable convenience and flexibility. Keep it as a full income property, or owner-occupy one unit and collect rent from the other two. With three units, you have options now and into the future. The location supports strong, lasting appeal, with Humber College, schools, and highway access all close by. It's well suited to students, families, and commuters alike. Renovated, legal, and ready for its next owner. Opportunities like this are hard to find, so book your showing today! Fully vacant! Move in ready! This is what smart investors are looking for! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 59 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 9-bed multi-family in Toronto (West Humber-Clairville) has been listed for 0 days, which is 59 days fresher than the city average of 59. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,349,000, about 16.5× the local median household income of $82,000.
Carrying it typically needs a household income of about $263,507 (20% down, 25-yr amortization, stress-tested) — roughly 221% above the area median.
Source: Statistics Canada, 2021 Census (FSA M9V)
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Loading rates, 30-yr amortization
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