$1,195,000

For sale

744-746 Wilson Avenue, Toronto (Downsview-Roding-CFB) - Single Family for Sale

744-746 Wilson Avenue, Toronto (Downsview-Roding-CFB), Ontario, M3K1E2

3 beds3 baths4 parking19 × 123 ft (2,379 sq ft) lot sizeListed 30 days ago

Overview

This 3-bedroom, 3-bathroom home in Toronto is for sale. It has been on the market 30 days, fresher than the Toronto average of 60 days.

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Description

This Property Represents An Outstanding Investment Opportunity, A Versatile Mixed-Use Property Rare For Both End Users And Investors. Property Is Located In A High Traffic Area With 4 Parking Spaces. The Upper Level Features Two Spacious Bedroom, One Bath, Spacious Living Room And A Kitchen, Perfect For Those Looking To Live And Run A Business In One Location Or An Investor. The Main Floor Features A High Exposure Retail Storefront That Offers Excellent Visibility In A Busy Plaza Surrounded By Businesses. The Finished Basement, Add More Value With 1 Bedroom, 2 Washroom (1 His, 1 Her) Currently Occupied By A Tenant (Running A Business), With No Lease, Idea For Additional Income. Separate Hydro Meters In Each Unit - Upstairs And Lower Level. Conveniently Located With TTC Bus Stop In The Front, Mins From Hwy 401, Yorkdale Mall, Wilson Subway Station, School, Humber River Hospital & Other Amenities. (id:66096)

Property Details

MLS®: W13871480
Property Type: Single Family
Zoning: Commercial And Residential
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 3
Half Baths: 2
Parking: 4
Lot Size: 19 × 123 ft (2,379 sq ft)
Frontage: 19 ft
Storeys: 2
Basement: Finished, Walk-up, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Property Tax: $9,983.39/yr
Listed: 30 days ago

Features

Appliances: Washer, Dishwasher, Dryer, Microwave
Foundation: Concrete
Exterior: Brick, Aluminum siding
Lot Features: Lighting

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Toronto (Downsview-Roding-CFB) listings, avg age

60d

List price

$1.20M

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 3-bed single family in Toronto (Downsview-Roding-CFB) has been listed for 30 days, which is 30 days fresher than the city average of 60. Act while there is still low competition.

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Listed by CENTURY 21 PERCY FULTON LTD. · FLORENCE OLUKEMI ADEBAYO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3K)

This home lists at $1,195,000, about 13.6× the local median household income of $88,000.

Carrying it typically needs a household income of about $233,425 (20% down, 25-yr amortization, stress-tested) — roughly 165% above the area median.

Median household income: $88,000
Population: 7,865
Median age: 38.8
Owner / renter: 59% / 41%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M3K)

$1,195,000

For sale

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Full Cost Breakdown

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Down Payment7.91% · $94,500.00

Min 7.91%50%

Mortgage payment$6,101/mo

↳ CMHC premium ($44,020 capitalized)

Property tax (est.)$832/mo

Total monthly$6,933

Cash Needed to Close

Down payment (7.91%)$94,500

Land transfer tax$40,750

Est. closing costs$6,085

Total cash needed$141,335

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