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




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$1,250,000
Toronto
This 14-bedroom, 6-bathroom home in Toronto is for sale. Its $1,250,000 asking price sits right in line with the $1,298,000 median in Toronto.
A rare, licensed downtown Toronto income property offering 14 rental accommodations in a prime, high-demand rental location. This fully operational, turnkey asset requires minimal hands-on management and features 6 bathrooms, 2 shared kitchens, and 2 rear parking spaces. Situated as an end-unit row townhouse, the property benefits from only one attached neighbor, enhanced privacy, additional natural light, and the feel of a more traditional urban home. Strong, stable tenancy from university students and young professionals delivers immediate cash flow with minimal turnover, and an attractive cap rate. Ideally situated close to major transit routes, universities, shopping, parks, and everyday amenities, this is a very rare opportunity to acquire a high-cap rate, low-maintenance investment property in Toronto. Price is firm, no vendor take back. No vendor take-back. For More Information About This Listing, More Photos & Appointments, Please Click "View Listing On Realtor Website" Button In The Realtor.Ca Browser Version Or 'Multimedia' Button or brochure On Mobile Device App. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 325 days on market, against an average age of 49 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 14-bed single family in Toronto (South Riverdale) 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 $1,250,000, about 12.6× the local median household income of $99,000.
Carrying it typically needs a household income of about $244,169 (20% down, 25-yr amortization, stress-tested) — roughly 147% above the area median.
Source: Statistics Canada, 2021 Census (FSA M4M)
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Loading rates, 30-yr amortization
Cash Needed to Close
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