$1,300,000

For sale

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6 Carrington Avenue, Toronto (Caledonia-Fairbank) - Multi-family for Sale

6 Carrington Avenue, Toronto (Caledonia-Fairbank), Ontario, M6E2C3

6 beds3 baths3 parking lot size

113 Hatherley Road, Toronto (Caledonia-Fairbank), Ontario, M6E1W4

7 bd8 ba2 pk3,250 ft²Lot size 30 × 115 ft (3,450 sq ft)

Listed by CENTURY 21 PERCY FULTON LTD.

10 Fairbank Avenue, Toronto (Caledonia-Fairbank), Ontario, M6E3Y4

For sale

29 days ago

$1000K

10 Fairbank Avenue, Toronto (Caledonia-Fairbank), Ontario, M6E3Y4

10 bd3 ba3 pk1,750 ft²Lot size 25 × 125 ft (3,163 sq ft)

Listed by RE/MAX WEST REALTY INC.

277 Harvie Avenue, Toronto (Caledonia-Fairbank), Ontario, M6E4L1

For sale

33 days ago

$1.90M

277 Harvie Avenue, Toronto (Caledonia-Fairbank), Ontario, M6E4L1

9 bd5 ba5 pk3,250 ft²Lot size 36 × 128 ft (4,608 sq ft)

Listed by RE/MAX ESCARPMENT REALTY INC.

Investment analysis

Rental cashflow calculator

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$1,300,000

Toronto

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Description

Amazing Opportunity To Own This Solid Legal Triplex In Prime Location Situated On A Quiet Street Next To Schools & Parks. This Incredible Detached Property Offers 3 Self Contained Apartments W/ 4 Separate Hydro Meters. Main level updated kitchen with quartz countertop. Main and 2nd floor - new subfloor and vinyl plank flooring incl kitchen updated in 2019. Basement unit renovated 2019. All units Electrical panel upgraded to breaker (2019-2020). Excellent for Investors. 3 Car Parking Spaces With Mutual Drive. Close Proximity To New Eglinton Subway Line. (id:66096)

Rooms

Main level

Dining room: 4 x 3.5 meters
Primary Bedroom: 4.15 x 3 meters
Kitchen: 3.7 x 3 meters
Living room: 4 x 3.5 meters
Bedroom 2: 3.25 x 3 meters

Second level

Bedroom 2: 3.25 x 3 meters
Dining room: 4 x 3.5 meters
Living room: 4 x 3.5 meters
Kitchen: 3.7 x 3 meters
Primary Bedroom: 4.15 x 3 meters

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

Market Timing

Days on market

97d

Toronto (Caledonia-Fairbank) listings, avg age

51d

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 (M6E)

This home lists at $1,300,000, about 15.9× the local median household income of $82,000.

Carrying it typically needs a household income of about $253,936 (20% down, 25-yr amortization, stress-tested) — roughly 210% above the area median.

Median household income: $82,000
Population: 37,684
Median age: 40.8
Owner / renter: 55% / 45%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6E)

$1,300,000

For sale

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Full Cost Breakdown

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Down Payment8.08% · $105,000.00

Min 8.08%50%

Mortgage payment$6,625/mo

↳ CMHC premium ($47,800 capitalized)

Property tax (est.)$465/mo

Total monthly$7,090

Cash Needed to Close

Down payment (8.08%)$105,000

Land transfer tax$44,950

Est. closing costs$6,400

Total cash needed$156,350

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

6 Carrington Avenue, Toronto (Caledonia-Fairbank) - Multi-family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M6E)

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Full Cost Breakdown