$1,350,000

For sale

Book a showing

888 Dundas Street East, Toronto (South Riverdale) - Multi-family for Sale

888 Dundas Street East, Toronto (South Riverdale), Ontario, M4M1R3

9 beds9 baths0 parking ft²

76-78 Lewis Street, Toronto (South Riverdale), Ontario, M4M2H3

12 bd4 ba3 pk3,250 ft²Lot size 44 × 135 ft (5,954 sq ft)

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$1,350,000

Toronto

Book a showing

Overview

This multi-family property in Toronto is for sale offering roughly 2,750 sq ft of space. It has been on the market 20 days, fresher than the Toronto average of 46 days.

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

Description

Investment property with excellent ROI at prime South Riverdale location nearby access to DVP, TTC, GO Transit and future Ontario Line. Flexible closing dates for the savvy investor looking for a turn key ready operational and positive cash flow investment. Any negotiable offers welcome. (id:66096)

Property Details

MLS®: E14083884
Property Type: Multi-family
Bedrooms: 9
Beds (above / below): 7 above · 2 below
Bathrooms: 9
Parking: 0
Interior Size: 2,750 ft²
Lot Size: 20 × 106 ft (2,082 sq ft)
Frontage: 20 ft
Storeys: 3
Basement: Separate entrance, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Property Tax: $6,176/yr
Listed: 20 days ago

Market Timing

Days on market

20d

Toronto (South Riverdale) listings, avg age

46d

Price / ft²

$491

List price

$1.35M

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 (M4M)

This home lists at $1,350,000, about 13.6× the local median household income of $99,000.

Carrying it typically needs a household income of about $263,702 (20% down, 25-yr amortization, stress-tested) — roughly 166% above the area median.

Median household income: $99,000
Population: 25,052
Median age: 38.8
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M4M)

$1,350,000· $491/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment8.15% · $110,000.00

Min 8.15%50%

Mortgage payment$6,875/mo

↳ CMHC premium ($49,600 capitalized)

Property tax (est.)$515/mo

Total monthly$7,389

Cash Needed to Close

Down payment (8.15%)$110,000

Land transfer tax$46,950

Est. closing costs$6,550

Total cash needed$163,500

Get Pre-Approved · Free & Fast

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

888 Dundas Street East, Toronto (South Riverdale) - Multi-family for Sale

Rental cashflow calculator

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M4M)

Book a showing

Full Cost Breakdown