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$2,390,000
Toronto
76-78 Lewis Street, Toronto (South Riverdale), Ontario, M4M2H3
This multi-family property in Toronto is for sale offering roughly 3,250 sq ft of space. It has been on the market 27 days, fresher than the Toronto average of 47 days.
DELIVERED 100% VACANT! Set your own market rents from Day 1 with this massive, turn-key Leslieville multi-unit powerhouse. Boasting a rare 44 x 135 ft double lot with R(d1*7) high-density zoning. 3-car parking with a private drive, this premier asset offers unmatched cash-flow potential, severance upside, or garden suite development. Featuring four, sun-filled 3-bedroom suites, the building is completely empty and primed for immediate equity optimization, high-yield tenant placement, or premium co-ownership/multi-generational living. No tenant transitions, no rent-control ceilings on new tenancies-just pure, vacant potential in South Riverdale's most sought-after pocket. Walk to Queen East, transit, and top-tier parks. Truly a generational asset. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 27 days on market, against an average age of 47 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 12-bed multi-family in Toronto (South Riverdale) has been listed for 27 days, which is 20 days fresher than the city average of 47. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,390,000, about 24.1× the local median household income of $99,000.
Carrying it typically needs a household income of about $466,851 (20% down, 25-yr amortization, stress-tested) — roughly 372% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4M)
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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
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
