47 Northcote Ave
Toronto C01 | Little Portugal | M6J 3K2- 6
- 4
- 0
$2,575,000
Est. Mtg $8,731 /mo-
Days on market
70
-
Status
New
Home details
- MLS #:
C9229906
- Property type:
- Semi-Detached
- Style:
- 3-Storey
- Taxes:
- $8,548
- Possession:
- tbd
- Lot Front:
- 19.74 Feet
- Lot Depth:
- 122.94 Feet
- Basement:
- Sep Entrance | Unfinished
- Driveway Pkg:
- 3
- Heat:
- Gas | Radiant
Description
47 Northcote Ave, , Toronto, Ontario is a Semi-Detached property in Toronto C01 and in the Little Portugal community in the M6J 3K2 postal code
Investors consider buying both 47 Northcote Ave, or 45 Northcote Ave separately, or buy them both & allow titles of both properties to merge into a legal 8-plex, with existing approval for additional unit, and possibly avoid Canada's foreign buyer ban. This Bay & Gable brownstone beauty at #47 Northcote Ave is a 3-story 4-plex with self-contained apartments, including 2 1-bedroom main flr apartments, a large 2-bed 2nd, a large apartment on 3rd with a massive rooftop deck. Anchored in the West Queen West area of Toronto - a most desirable lifestyle and real estate investment hub - having the opportunity to purchase 2 side by side homes like this is nearly unheard of in this area. Renovated Victorian era brownstone with optimum income for owners who intend to live here or investors maximizing rents and future price appreciation. In 2018 #47 was approved for an additional huge basement apartment. just like the one at #45. Ensuite laundries, separately metered and with own temperature controls. Floors were additionally insulated for sound and thermal. 47 Northcote backs onto a laneway offering access multiple neighbouring coach houses. #45 & #47 could house a coach house of their own. Prefer to keep the backyard as parking? Theres room for over 6 cars. #45 & #47 together span 43+ feet of frontage and approximately 123 feet of depth. Current rents lead to top of market CAP rates, with tenants paying own utilities. With already approved expansion plans, financials will surely go up. Beaconsfield Village's Northcote is bookended by dreamy Beaconsfield Avenue with its mid-1800s brownstones and fabulous coach houses, anchored by Queen West's famous Drake Hotel and The Gladstone. Top restaurants, fantastic dessert and coffee shops, and famous bars. Top walk and bike scores..
Extras
Multiple Parking spots at rear, via laneway. All appliances, HVAC equipment included. Full basement with storage and approvals for another apartment..
History
Sign in for full accessList Date | End Date | List Price | End Price | Status | MLS # |
2024-05 | 2024-05 | $2,775,000 | $2,775,000 | Ter | C8300422 |
2024-05 | 2024-07 | $2,575,000 | $2,575,000 | Ter | C8367158 |
2024-07 | 2024-09 | $2,575,000 | $2,575,000 | New | C9229906 |
2024-05 | $2,775,000 | $2,775,000 | C8323212 |
Comparables
Sign in for full accesssold Date | Address | List Price | sold Price | DOM |
2024-06 | 704 Dufferin St, | $999,000 | $970,000 | 25 |
2021-02 | 66 St Annes Rd, | $1,399,900 | $1,721,000 | 4 |
2019-02 | 86 Mackenzie Cres, | $1,200,000 | $1,038,000 | 70 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity Semi-Detached
Sale activity
Toronto C01 :
23
$1,791,299
39
-1.15%
Municipality activity All Property Types
Sale activity
Toronto C01 :
$937,019
382
962
16
103%
-0.62%
Estimated running costs for 47 Northcote Ave
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $8731 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $712 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
-
Park
-
Public Transit
-
Rec Centre
-
School
Payment calculator
-
Principal and Interest
8731 /mo
-
Property Taxes
$712 /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.