$1,499,000

For sale

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981 Avenue Road, Toronto (Yonge-Eglinton) - Multi-family for Sale

981 Avenue Road, Toronto (Yonge-Eglinton), Ontario, M5P2K9

5 beds3 baths4 parking ft²

304 Roselawn Avenue, Toronto (Yonge-Eglinton), Ontario, M4R1G1

12 bd5 ba5 pk4,250 ft²Lot size 30 × 133 ft (3,990 sq ft)

Listed by RE/MAX REALTRON BEN AZIZI REALTY GROUP

185 Castlefield Avenue, Toronto (Yonge-Eglinton), Ontario, M4R1G6

For sale

21 days ago

$1.74M

185 Castlefield Avenue, Toronto (Yonge-Eglinton), Ontario, M4R1G6

4 bd4 ba4 pk2,250 ft²Lot size 25 × 134 ft (3,318 sq ft)

Listed by RE/MAX ULTIMATE REALTY INC.

Investment analysis

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$1,499,000

Toronto

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Description

A Rare Opportunity To Own A Triplex @ Avenue/Eglinton. Fully Detached. Spacious Lot Featuring 30 FT Width and 115FT Depth. 4 Parking Spaces. Fully Tenanted - Rent Details Provided Upon Request. Well Cared For & Meticulously Maintained. Ideal For Owner Use and Rental, Multi-Generational Household or Real Estate Investor. Great Location - Minutes To Eglinton, Transit, Oriole Park, Restaurants & Shopping. The Basement Unit Includes 1 Bedroom, and 1 Bathroom. The main and second floor units feature 2 Bedrooms and 1 Bathroom. (id:66096)

Property Details

MLS®: C13748474
Property Type: Multi-family
Zoning: R(f9;d0.6*731)
Bedrooms: 5
Beds (above / below): 5 above · 0 below
Bathrooms: 3
Parking: 4
Interior Size: 1,750 ft²
Lot Size: 30 × 115 ft (3,444 sq ft)
Frontage: 30 ft
Storeys: 2
Basement: Finished, N/A
Heating: Radiant heat, Natural gas
Cooling: None
Garage: No Garage
Property Tax: $8,438.24/yr
Listed: 60 days ago

Rooms

Basement

Dining room: 3.38 x 4.12 meters
Living room: 3.38 x 4.11 meters
Kitchen: 2.96 x 3.29 meters
Bedroom: 4.12 x 3.05 meters

Second level

Living room: 3.4 x 3.8 meters
Kitchen: 3.2 x 2.9 meters
Primary Bedroom: 3.39 x 4.21 meters
Bedroom 2: 3.8 x 3.22 meters
Dining room: 3.8 x 3.4 meters

Main level

Dining room: 4.26 x 3.65 meters
Living room: 3.64 x 4.26 meters
Kitchen: 3.35 x 3.23 meters
Primary Bedroom: 4.26 x 3.32 meters
Bedroom 2: 4.16 x 3.17 meters

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

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Window Coverings, Water Heater
Flooring: Tile, Hardwood, Parquet, Carpeted, Linoleum
Foundation: Block
Exterior: Brick
Lot Features: Lane

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

60d

Toronto (Yonge-Eglinton) listings, avg age

51d

Price / ft²

$857

List price

$1.50M

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 (M5P)

This home lists at $1,499,000, about 15.1× the local median household income of $99,000.

Carrying it typically needs a household income of about $292,807 (20% down, 25-yr amortization, stress-tested) — roughly 196% above the area median.

Median household income: $99,000
Population: 19,791
Median age: 43.2
Owner / renter: 39% / 61%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA M5P)

$1,499,000· $857/ft²

For sale

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Full Cost Breakdown

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Down Payment8.33% · $124,900.00

Min 8.33%50%

Mortgage payment$7,618/mo

↳ CMHC premium ($54,964 capitalized)

Property tax (est.)$703/mo

Total monthly$8,321

Cash Needed to Close

Down payment (8.33%)$124,900

Land transfer tax$52,910

Est. closing costs$6,997

Total cash needed$184,807

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981 Avenue Road, Toronto (Yonge-Eglinton) - Multi-family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M5P)

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Full Cost Breakdown