15 days on Market

185 Steeles Ave, Toronto, Ontario M2M 3Y6

Detached
4 + 2
5
- sqft
$1,688,000
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Detached
4 + 2
5
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$7,249/mo

Tax Amount (2024)$7,089/yr

Days On Market15 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 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. **EXTRAS** 5 Xfridge,1X Stove,5X Microwave,4Xcooktop Stove.1 X1 Bedroom Main,1X1 Bedroom Main,1X2 Bedroom 2th Fl,2 X1 Bedroom Basmt


Property Details

Style1 1/2 Storey
View-
Age of property-
SqFt-
Lot Size8,090 SqFt(120.75 x 67)
Parking Spaces8
MLS ®NumberC11954016
Community NameNewtonbrook
Data SourceTRREB
Listing byRE/MAX REALTRON REALTY INC.

Features

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

Upper Floor

Kitchen

2.70 x 3.00

Laminate


Features

Lot size: 8,090 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 7

Total parking spaces 8


Property History

Feb 3, 2025
ListedActive
$1,688,000
15 days on market
history photo preview37
Listing by trreb®
Property listed by RE/MAX REALTRON REALTY INC., Brokerage

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Market Data - Newtonbrook

Geo Zone Map ThumbnailNewtonbrook

Strong Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

36 days

Compared to

2024

39 days

2023

13 days

2022

12 days

New Listings

Past 30 days

74 listings

Compared to

2024

41 listings

2023

21 listings

2022

29 listings

Units sold

Past 30 days

6 units

Compared to

2024

11 units

2023

12 units

2022

18 units

Median Sold Price

Past 30 days

$1,572,500

Compared to

2024

$1,650,100

2023

$1,511,000

2022

$1,970,000


Population and Demographics

Overview

Total population 26506
Average household income $115,710

Age (%)

65 and plus
22%
20 to 34
22%
50 to 64
21%
35 to 49
19%
0 to 19
15%

Household composition (%)

Single family
62%
Single person
28%
Multi person
8%
Multi family
2%

Mother tongue (%)

English
34%
Iranian Persian
13%
Korean
9%
Mandarin
8%
Tagalog (Pilipino, Filipino)
8%
Russian
8%
Yue (Cantonese)
5%
Others
3%
Spanish
2%
Italian
2%

House tenancy (%)

Owners
53%
Renters
47%

Schools and amenities

Estimated Budget