247-249 High Park Ave

Toronto W02 | Junction Area | M6P 2S5
  • 4 + 2
  • 6
  • 0

$2,498,000

Est. Mtg $8,470 /mo
  • Days on market

    6

  • Status

    New

Listing Broker BABIAK TEAM REAL ESTATE BROKERAGE LTD.
Since listed: 1 views

Home details

MLS #:

W10431388

Property type:
Multiplex
Style:
2-Storey
Taxes:
$15,765
Possession:
60-90 Days
Lot Front:
51.0   Feet
Lot Depth:
200.0   Feet
Basement:
Apartment | Sep Entrance
Driveway Pkg:
8
Heat:
Other | Radiant

Description


247-249 High Park Ave, , Toronto, Ontario is a Multiplex property in Toronto W02 and in the Junction Area community in the M6P 2S5 postal code


Welcome to this sought-after, purpose-built 6-plex on an expansive property in the heart of Junction/High Park! Its a remarkable opportunity for investors, those exploring live/rent options, individuals considering co-ownership arrangements, or families seeking multi-generational living. Key Features: A spacious 4,800 square feet of living space over three levels | Impressive lot measuring 50' x 200' (irregular at rear) | Private drive with double garage | One vacant unit available; remaining units are month to month | Potential to add multiple units and a garden suite | See development potential report in attachments | Current Property Condition Assessment is available. This ideal city property is located on a desirable tree-lined street just a short walk to High Park, the subway and the fabulous boutiques, bakeries, specialty food stores, coffee shops and restaurants in the Junction! Annual Gross Income* - $91,521 Annual Expenses* - $27,441 Net operating Income* - $64,080 *includes estimated income for vacant unit & estimated expenses. (buyer to complete due diligence)..

Extras

Financials, Garden suite report, Property Condition Assessment & Floor Plans avail. Offers Welcome Anytime with 48 hours irrev..


History

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List Date End Date List Price End Price Status MLS #
2024-11 2024-11 $2,498,000 $2,498,000 New W10431388

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Toronto W02 :

Average sale price

$998,963

Properties sold

41

New Listings

97

Days on Market

13

Sale $ / List $

109%

Year on Year Growth

-3.78%



Estimated running costs for 247-249 High Park Ave

Based on available 3rd party data

$9919

Approximate costs per month

Mortgage
$8470 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1313 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker BABIAK TEAM REAL ESTATE BROKERAGE LTD.
Data Source: TRREB

Payment calculator

$9784 monthly. In association with: TD Bank
%
  • Principal and Interest
    8470 /mo
  • Property Taxes
    $1313 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Angela Aiello, Realtor

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