80 days on Market

185 Steeles Ave, Toronto, Ontario M2M 3Y6

$1,788,000
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Detached
4 + 2
5
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$7,679/mo

Tax Amount (2024)$7,089/yr

Days On Market80 days


Description

Prime Investment Property on a Spacious 67 x 120.75 Lot with Steeles Avenue Exposure.** This versatile property offers flexible usage options, having been recently renovated in 2019 with numerous upgrades. Utilize the main floor as your professional office and rent out the additional units for extra income. The property features an extra-large driveway accommodating up to 7 cars, along with a detached garage. Positioned on the south side of Steeles Avenue in Toronto's Newtonbrook East area, this is an ideal opportunity for investors seeking significant returns. Potential for future development makes this a standout investment.High return income property with 5 individual units.


Property Details

Style1 1/2 Storey
View-
Age of property-
SqFt-
Lot Size8,090 SqFt(120.75 x 67)
Parking Spaces8
MLS ®NumberC9295395
Community NameNewtonbrook
Data SourceTRREB

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Sep Entrance

Main Floor

Living

4.34 x 4.26

Laminate

Dining

4.34 x 3.65

Laminate

Kitchen

3.55 x 3.40

Laminate

Prim Bdrm

4.02 x 3.65

Laminate


Features

Lot size: 8,090 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 7

Total parking spaces 8


Property History

Now
ListedFor Salefor$1,788,000Active
80 days on market
Listing by trreb®
history photo preview37
Apr 4, 2022
ListedFor Salefor$1,788,000Delisted
Stayed 54 days on market
Listing by trreb®
history photo preview40
Feb 14, 2022
ListedFor Salefor$1,688,000Terminated
Stayed 65 days on market
Listing by trreb®
history photo preview38
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Property listed by RE/MAX REALTRON REALTY INC., Brokerage

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Market DataFor the past 30 days in Newtonbrook

Median Selling Price

$1,608,000

27.08% more than GTA:

$1,265,000

Median Bidding

Underbidding - Trending to buyer market

-$34,000

GTA median: -$25,000

Median Number of Sales

26 sales

2819 sales less than GTA:

2845 sales

Median Number of Days on Market

17 days

4 days less than GTA:

21 days

Want more insights?Visit the Market Pulse


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