$1,089,000

For sale

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85 Woodfield Road, Toronto (Greenwood-Coxwell) - Multi-family for Sale

85 Woodfield Road, Toronto (Greenwood-Coxwell), Ontario, M4L2W5

beds

361 Highfield Road, Toronto (Greenwood-Coxwell), Ontario, M4L2V7

4 bd3 ba6 pk1,300 ft²Lot size 26 × 100 ft (2,603 sq ft)

Listed by HC REALTY GROUP INC.

1349/1351 Queen Street East, Toronto (Greenwood-Coxwell), Ontario, M4L1C7

For sale

16 days ago

$2.30M

1349/1351 Queen Street East, Toronto (Greenwood-Coxwell), Ontario, M4L1C7

10 bd6 ba2 pk5,000 ft²Lot size 43 × 100 ft (4,251 sq ft)

301 Rhodes Avenue, Toronto (Greenwood-Coxwell), Ontario, M4L3A4

7 bd4 ba4 pk1,750 ft²Lot size 28 × 110 ft (3,124 sq ft)

Listed by FIRST CLASS REALTY INC.

For sale

95 days ago

$1.35M

361 Highfield Road, Toronto (Greenwood-Coxwell), Ontario, M4L2V7

4 bd3 ba6 pk1,300 ft²Lot size 26 × 100 ft (2,603 sq ft)

Listed by HC REALTY GROUP INC.

Investment analysis

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$1,089,000

Toronto

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25 × 120 ft (3,000 sq ft) lot size

Overview

This multi-family property in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 16 days, fresher than the Toronto average of 51 days.

Multi-Family Properties for Sale in Toronto →All real estate in Toronto →

Description

Attention Builders, Developers, Investors & Renovators! An exceptional opportunity in Toronto's highly desirable Leslieville neighbourhood! Situated on a beautiful, mature, landscaped lot surrounded by lush greenery, established trees and charming gardens, this property offers a picturesque setting with incredible potential. Currently configured as a duplex, the existing home presents an exciting opportunity for a complete transformation or a fresh start with a custom-built residence. Imagine creating your dream home while enjoying the beauty and privacy of this inviting outdoor space. Located in an established neighbourhood close to parks, schools, trendy shops, restaurants and convenient transit options. Whether you're an experienced renovator, builder or investor, this is your chance to bring your vision to life in one of Toronto's sought-after communities. Property is being sold in its current "as-is, where-is" condition. Buyers to conduct their own due diligence regarding zoning, permitted uses and redevelopment potential. A beautiful lot, an exceptional location and endless possibilities! (id:66096)

Property Details

MLS®: E14094172
Property Type: Multi-family
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 1,300 ft²
Lot Size: 25 × 120 ft (3,000 sq ft)
Frontage: 25 ft
Storeys: 2
Basement: Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Property Tax: $5,452/yr
Listed: 16 days ago

Rooms

Main level

Living room: 3.9 x 3.2 meters
Bedroom: 4.7 x 3.2 meters
Kitchen: 3.2 x 2.7 meters

Second level

Bedroom: 3.2 x 3 meters
Bedroom: 3 x 3.4 meters
Bedroom: 3.7 x 3.4 meters
Kitchen: 3.2 x 2.5 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Stove
Flooring: Tile, Hardwood, Vinyl
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Toronto (Greenwood-Coxwell) listings, avg age

51d

Price / ft²

$838

List price

$1.09M

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 4-bed multi-family in Toronto (Greenwood-Coxwell) has been listed for 16 days, which is 35 days fresher than the city average of 51. Act while there is still low competition.

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Listed by REMAX YOUR COMMUNITY REALTY · MATT GIUNTA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4L)

This home lists at $1,089,000, about 10.8× the local median household income of $101,000.

Carrying it typically needs a household income of about $212,720 (20% down, 25-yr amortization, stress-tested) — roughly 111% above the area median.

Median household income: $101,000
Population: 32,218
Median age: 40.8
Owner / renter: 61% / 39%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M4L)

$1,089,000· $838/ft²

For sale

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Full Cost Breakdown

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Down Payment7.70% · $83,900

Min 7.70%50%

Mortgage payment$5,572/mo

↳ CMHC premium ($40,204 capitalized)

Property tax (est.)$454/mo

Total monthly$6,027

Cash Needed to Close

Down payment (7.70%)$83,900

Land transfer tax$36,510

Est. closing costs$5,767

Total cash needed$126,177

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