$1,699,000

For saleJust listed

6 Wheeler Avenue, Toronto (The Beaches) - Multi-family for Sale

6 Wheeler Avenue, Toronto (The Beaches), Ontario, M4L3V2

5 beds2 baths3 parking1,750 ft²30 × 102 ft (3,060 sq ft) lot sizeListed 6 days ago

Overview

This multi-family property in Toronto is for sale offering roughly 1,750 sq ft of space. It has been on the market 6 days, fresher than the Toronto average of 50 days.

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Description

Two beautiful homes. One exceptional Beach address! Across from Kew Gardens and just a five minute stroll to the lake, this one-of-a-kind detached duplex offers two self contained two bedroom suites, a stunning perennial garden and parking for up to three cars on a prime 30 foot lot. Perfect for co-ownership, multigenerational living or prime Beach living with rental income! The spacious main floor suite features two generous bedrooms, hardwood floors and an expansive living/dining area with soaring ten foot ceilings. Upstairs, a dreamy loft-style home offers a spacious primary bedroom overlooking the garden, a second bedroom currently reimagined as a dressing room (seller will convert back upon request), an oversized kitchen with a massive centre island and exposed beams and a private wraparound balcony and a bonus loft ideal for guests, a home office or gym.Outside, a lush perennial garden awaits with inviting spaces to relax, recharge and entertain. Ample parking includes a legal front parking pad, rear garage and additional parking behind the house. Unfinished, full size basement has a separate entrance. Recent updates (2020-26) include new roof, tankless water heater, central air, all new appliances, weeping tiles/sump pump and complete backyard makeover. Move in and enjoy! A rare opportunity to enjoy the best of Beach living, with flexibility for today and possibilities for tomorrow. (id:66096)

Property Details

MLS®: E14129450
Property Type: Multi-family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 1,750 ft²
Lot Size: 30 × 102 ft (3,060 sq ft)
Frontage: 30 ft
Storeys: 2
Basement: Unfinished, Full, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Fireplace: Yes
Property Tax: $8,125.82/yr
Listed: 6 days ago

Rooms

Main level

Living room: 3.95 x 3.63 meters
Dining room: 3.2 x 2.25 meters
Kitchen: 3.4 x 3 meters
Bedroom: 3.75 x 3 meters
Bedroom 2: 3.54 x 2.7 meters

Third level

Loft: 6.43 x 8.59 meters

Second level

Living room: 3.32 x 4.08 meters
Dining room: 3.05 x 2.59 meters
Kitchen: 4.85 x 4.2 meters

Features

Appliances: Washer, Refrigerator, Dishwasher, Oven, Dryer, Window Coverings, Water Heater - Tankless
Flooring: Tile, Hardwood, Laminate
Foundation: Brick
Exterior: Vinyl siding
Lot Features: Carpet Free, Sump Pump

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (The Beaches) listings, avg age

50d

Price / ft²

$971

List price

$1.70M

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 5-bed multi-family in Toronto (The Beaches) has been listed for 6 days, which is 44 days fresher than the city average of 50. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY · MILAN SWANSTON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4L)

This home lists at $1,699,000, about 16.8× the local median household income of $101,000.

Carrying it typically needs a household income of about $331,874 (20% down, 25-yr amortization, stress-tested) — roughly 229% 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)

$1,699,000· $971/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $339,800

Min 20%50%

Mortgage payment$7,246/mo

Property tax (est.)$677/mo

Total monthly$7,923

Cash Needed to Close

Down payment (20%)$339,800

Land transfer tax$60,910

Est. closing costs$7,597

Total cash needed$408,307

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