996-998 Avenue Rd

Toronto C03 | Yonge-Eglinton | M5P 2K8
  • 8
  • 4
  • 0

$3,690,000

Est. Mtg $12,512 /mo
  • Days on market

    11

  • Status

    New

Listing Broker SKYLAND REALTY INC.
Since listed: 0 views

Home details

MLS #:

C9372080

Property type:
Fourplex
Style:
2-Storey
Taxes:
$10,844
Possession:
60/TBA
Lot Front:
50.0   Feet
Lot Depth:
111.66   Feet
Basement:
Sep Entrance | Unfinished
Driveway Pkg:
4
Heat:
Gas | Radiant

Description


996-998 Avenue Rd, , Toronto, Ontario is a Fourplex property in Toronto C03 and in the Yonge-Eglinton community in the M5P 2K8 postal code


Attention Builders, Investors, and Visionaries! Explore an exceptional detached legal fourplex strategically positioned at one of Toronto's most prestigious intersections: Avenue Rd and Eglinton. This rare find sits on an expansive lot measuring 50 x 111.66 feet, offering immense potential for redevelopment or continued rental income. Each of the four legal units spans approximately 1000 square feet, featuring 2 bedrooms and 1 bathroom.Recent upgrades include comprehensive waterproofing and insulation, newly renovated kitchens and bathrooms, and freshly painted units. The property boasts a brand-new boiler system and recently renovated roofs, ensuring efficiency and low maintenance for years to come. Located mere steps from the new Eglinton Crosstown LRT and the Yonge-Eglinton TTC subway, this prime investment property offers unparalleled convenience. Enjoy easy access to a vibrant array of restaurants, banks, groceries, and community centers, making it an ideal choice for tenants and future residents alike.Discover the vibrant local scene with shops and dining options just footsteps away, coupled with proximity to top-rated public and private schools. Don't miss this opportunity to capitalize on both the location and potential of this property!.

Extras

Hardwood flooring throughout all units. Mutual driveway and private parking for four units. Separate hydro meters, 4 washers and 4 dryers. 4 Kitchen appliances..


History

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List Date End Date List Price End Price Status MLS #
2018-10 2018-12 $2,995,800 $2,695,000 Dft C4273023
2018-12 2019-01 $2,695,000 $2,380,000 Sld C4325170
2024-06 2024-09 $3,690,000 $3,690,000 Exp C8469984
2024-09 2024-09 $3,690,000 $3,690,000 New C9372080

Comparables

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sold Date Address List Price sold Price DOM
2021-11 108-110 Braemar Ave, $2,599,000 $2,550,000 7
2019-01 996-998 Avenue Rd, $2,695,000 $2,380,000 26

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Toronto C03 :

Average sale price

$1,908,170

Properties sold

68

New Listings

120

Days on Market

14

Sale $ / List $

102%

Year on Year Growth

-1.04%



Estimated running costs for 996-998 Avenue Rd

Based on available 3rd party data

$13550

Approximate costs per month

Mortgage
$12512 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$903 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker SKYLAND REALTY INC.
Data Source: TRREB

Payment calculator

$13415 monthly. In association with: TD Bank
%
  • Principal and Interest
    12512 /mo
  • Property Taxes
    $903 /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

Rena Alessa, Realtor

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