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$1,068,000
Toronto
72 William Duncan Road, Toronto (Downsview-Roding-CFB), Ontario, M3K0C5
This 5-bedroom, 3-bathroom condo in Toronto is for sale offering roughly 2,750 sq ft of space. It has been on the market 40 days, fresher than the Toronto average of 61 days.
Located in North York, just minutes from York University, public transit, shopping, restaurants, parks and everyday amenities, this property offers an investment opportunity with established rental income and additional potential. The property features 5 rented rooms, all currently occupied. Current monthly rents are $1,250 for each of two rooms with balconies, $1,150 for each of two additional rooms, and $1,650 for the top-level room, generating a total of $6,450 per month in current rental income.The unfinished basement offers potential for additional living space, including the possibility of two bedrooms, subject to applicable approvals and permits. Conveniently located in a well-connected North York neighbourhood, this property provides current rental income with potential for future improvements. (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.
Extended: 40 days on market, against an average age of 61 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 5-bed single family in Toronto (Downsview-Roding-CFB) has been listed for 40 days, which is 21 days fresher than the city average of 61. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,068,000, about 12.1× the local median household income of $88,000.
Carrying it typically needs a household income of about $208,618 (20% down, 25-yr amortization, stress-tested) — roughly 137% above the area median.
Source: Statistics Canada, 2021 Census (FSA M3K)
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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