A pic from exterior of the house or condo, the front or back of building for 28A Third St, Toronto Ontario M8V 2X6
Sold conditionally
38 days on Market

28A Third St, Toronto, Ontario M8V 2X6

Townhouse
6 + 1
6
- sqft
$3,195,000
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Townhouse
6 + 1
6
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$13,721/mo

Tax Amount (2024)$6,903/yr

Days On Market38 days


Description

2.91% assumable mortgage due June 2030 with an extremely low monthly payment of only $7,988! This turn key six-plex contains 5-two Bedroom units and 1-bachelor unit. Building and units were fully renovated in 2019, down to the studs. All units fully renovated throughout with quality, long lasting finishes including new kitchen, bathrooms, radiators, floors, appliances, in-wall AC units and in-suite washer/dryer. The building has new electrical & plumbing throughout, furnace, on-demand hot water, FOB entry and security cameras. Essentially a no maintenance building. All units fully tenanted, at market rent. A once in a lifetime opportunity to go back in time and buy with low rates. Individual hydro meters. 5 car parking. $500,000 of interest rate savings over the remaining term of the mortgage (5 years) using todays rates.


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size2,850 SqFt(57 x 50)
Parking Spaces5
MLS ®NumberW10422790
Community NameMimico
Data SourceTRREB
Listing byBRAD J. LAMB REALTY 2016 INC.

Features

Heating: Radiant
Cooling: Wall Unit
Basement: Finished

Features

Lot size: 2,850 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by BRAD J. LAMB REALTY 2016 INC., Brokerage

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Market Data - Mimico

Strong Buyer's Market

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

112 days

Compared to

2023

8 days

2022

23 days

2021

22 days

New Listings

Past 30 days

8 listings

Compared to

2023

6 listings

2022

5 listings

2021

3 listings

Units sold

Past 30 days

1 unit

Compared to

2023

3 units

2022

5 units

2021

3 units

Median Sold Price

Past 30 days

$2,305,000

Compared to

2023

$1,020,000

2022

$1,192,500

2021

$915,000


Population and Demographics

Overview

Total population 25277
Average household income $124,271

Age (%)

35 to 49
23%
20 to 34
23%
50 to 64
20%
0 to 19
18%
65 and plus
16%

Household composition (%)

Single family
51%
Single person
41%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
71%
Polish
5%
Spanish
4%
Tibetan
3%
Tagalog (Pilipino, Filipino)
3%
Others
2%
Portuguese
2%
Russian
2%
Ukrainian
2%
French
1%

House tenancy (%)

Renters
58%
Owners
42%

Schools and amenities

Estimated Budget