$3,999,900

For sale

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843 Logan Avenue, Toronto (North Riverdale) - Multi-family for Sale

843 Logan Avenue, Toronto (North Riverdale), Ontario, M4K3E2

7 beds5 baths4 parking ft²

241 Langley Avenue, Toronto (North Riverdale), Ontario, M4K1C1

3 bd4 ba1 pk1,750 ft²Lot size 17 × 136 ft (2,331 sq ft)

Listed by SAGE REAL ESTATE LIMITED

Investment analysis

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$3,999,900

Toronto

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Overview

This multi-family property in Toronto is for sale offering roughly 2,750 sq ft of space. It has been on the market 52 days, fresher than the Toronto average of 60 days.

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Description

LOCATION + + LOCATION + + LOCATION + + High Demand Neighborhood, In Sought After NorthRiverdale + + A Rare Opportunity to Create A Special Home For End Users. + + Endless Possibilities+ + For Investors/Investment + + Builders. ++ Zoned Triplex as per Geo Warehouse ++ LARGE LOT40 Feet Frontage By 139 Foot Depth as per Geo Warehouse. > Located In > > North Riverdale > , Very Rare Detached From The House A 4 Car Garage Located At Rear Lane Way, With Private Walkway Access To The House. Fenced Large Private Back Yard.Near by, TTC, Schools, Local Amenities, Shopping, Restaurants, Boutiques, Walk To Withrow Park.Sold in "As Is, Where Is" Condition. (id:66096)

Property Details

MLS®: E13778116
Property Type: Multi-family
Zoning: R(d0.6*736)
Bedrooms: 7
Beds (above / below): 7 above · 0 below
Bathrooms: 5
Half Baths: 2
Parking: 4
Interior Size: 2,750 ft²
Lot Size: 40 × 139 ft (5,560 sq ft)
Frontage: 40 ft
Storeys: 3
Basement: Partially finished, N/A
Heating: Radiant heat, Natural gas
Cooling: Wall unit
Garage: Detached Garage, Garage
Fireplace: Yes
Property Tax: $11,203/yr
Listed: 52 days ago

Market Timing

Days on market

52d

Toronto (North Riverdale) listings, avg age

60d

Price / ft²

$1,455

List price

$4.00M

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.

Area context

Neighbourhood profile (M4K)

This home lists at $3,999,900, about 47.6× the local median household income of $84,000.

Carrying it typically needs a household income of about $781,320 (20% down, 25-yr amortization, stress-tested) — roughly 830% above the area median.

Median household income: $84,000
Population: 30,913
Median age: 43.2
Owner / renter: 45% / 56%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M4K)

$3,999,900· $1,455/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $799,980

Min 20%50%

Mortgage payment$17,059/mo

Property tax (est.)$934/mo

Total monthly$17,992

Cash Needed to Close

Down payment (20%)$799,980

Land transfer tax$172,945

Est. closing costs$14,500

Total cash needed$987,425

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

843 Logan Avenue, Toronto (North Riverdale) - Multi-family for Sale

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Neighbourhood profile (M4K)

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