$1,899,000
Toronto
82 Pritchard Avenue, Toronto (Rockcliffe-Smythe), Ontario, M6N1T3
This multi-family property in Toronto is for sale.
Rare opportunity to own an exceptionally large, brand new fully detached legal triplex with additional laneway access and a city-approved laneway house opportunity-drawings included and major infrastructure already completed (electrical, plumbing, drainage, water line and concrete foundation), offering the next owner the potential to significantly increase long-term income and value. This purpose-built property is ideal for investors, multi-generational families, or buyers looking to live in one unit while generating substantial rental income from the others. Thoughtfully designed and built with quality craftsmanship throughout, the property features three self-contained units with 3 kitchens, 7 bedrooms and 6 bathrooms, along with three separate hydro and gas meters. Each unit includes tankless hot water heaters, independent furnaces and air conditioners, private in-suite laundry, engineered hardwood flooring, pot lights throughout, and brand new stainless steel appliances. Security cameras are installed around the property for added peace of mind. Public transit is at the doorstep with a direct bus to the subway, making this a rare turn-key investment in a convenient location. The main floor unit offers 9-ft ceilings, a bright open layout with office space, two bedrooms and one bathroom, plus a spacious living room and modern kitchen with quartz countertops and stainless steel appliances leading to a private deck. The upper unit spans two levels with two bedrooms each featuring their own ensuite bathrooms, a large sun-filled living room and kitchen overlooking the backyard, while the upper level offers a private primary retreat with two balconies and a spa-inspired ensuite with quartz counters, double sinks, light-up mirror and tunnel skylight. The basement suite features 8-ft ceilings, two bedrooms each with its own ensuite bathroom, a spacious living and dining area, and a bright kitchen with walk-up access to the backyard. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 166 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 7-bed multi-family in Toronto (Rockcliffe-Smythe) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,899,000, about 25.2× the local median household income of $75,500.
Carrying it typically needs a household income of about $370,941 (20% down, 25-yr amortization, stress-tested) — roughly 391% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6N)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.