344 TWEEDSMUIR Ave

Westboro - Hampton Park | 5002 - Westboro South | K1Z 5N4
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$1,298,800

Est. Mtg $4,404 /mo
  • Days on market

    244

  • Status

    New

Listing Broker RIGHT AT HOME REALTY
Since listed: 1 views

Home details

MLS #:

X9515279

Property type:
Vacant Land
Style:
Taxes:
$7,834
Possession:
TBD
Lot Front:
52.0   Feet
Lot Depth:
107.0   Feet
Basement:
|
Driveway Pkg:
0
Heat:
|

Description


344 TWEEDSMUIR Ave, , Westboro - Hampton Park, Ontario is a Vacant Land property in Westboro - Hampton Park and in the 5002 - Westboro South community in the K1Z 5N4 postal code


Seize this rare opportunity to build a lucrative investment property in the heart of Westboro. Whether you choose to proceed w/ the approved 6-unit building or explore the potential for up to 12 units in it's R4UB zoning, this property offers unparalleled possibilities. The approved architectural plans include 9' ceilings, large sunlit windows, an elevator for convenience, a rooftop space for relaxation, dedicated parking, and a bike/garbage shed in the back. Unit Breakdown: Two luxurious 3-bedroom + den, 2.5-bath units w/ in-unit storage (each 1850 sqft) ideal to live in; One 2-bedroom unit; One 1-bedroom + den unit & Two 1-bedroom units. W/ a strategic unit mix, the projected annual rental income is an impressive $256,800. After a 20% projected expense of $38,520, the expected net NOI is $218,280, reflecting a solid 5.5% cap rate w/ potential for growth. It provides immediate income while you plan for the future. Act today to secure your chance at this prime Westboro investment..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-03 2024-11 $1,298,800 $1,298,800 New X9515279
2024-03 2024-11 $1,298,800 $1,298,800 New X9517086

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

Westboro - Hampton Park :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 344 TWEEDSMUIR Ave

Based on available 3rd party data

$5191

Approximate costs per month

Mortgage
$4404 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$652 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Park
  • Public Transit
Listing Broker RIGHT AT HOME REALTY
Data Source: TRREB

Payment calculator

$5056 monthly. In association with: TD Bank
%
  • Principal and Interest
    4404 /mo
  • Property Taxes
    $652 /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

Mimmo Galatti, Realtor

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