A pic from exterior of the house or condo, the street view for 74 Homewood Ave, Toronto Ontario M4Y 2K3
233 days on Market

74 Homewood Ave, Toronto, Ontario M4Y 2K3

Townhouse
4 + 2
2
- sqft
$1,738,000
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Townhouse
4 + 2
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$7,464/mo

Tax Amount (2024)$6,288/yr

Days On Market233 days


Description

*Pictures Coming SOON* *** FINANCING AVAILABLE *** Attention INVESTORS! Introducing a unique opportunity to OWN an INCOME GENERATING PROPERTY. With a cap rate of 8% - 10% this property has been FULLY OCCUPIED for 17+ YEARS. The combination of CAPITAL APPRECIATION & CASHFLOW is and INVESTORS DREAM. Strategically located in the HEART OF DOWNTOWN with a 100 WALKING SCORE & 99 TRANSIT SCORE The possibilities with this property are ENDLESS. This property features a private backyard, potential for walk in basement access. Seller is willing to offer a Vender Take Back Mortgage at an agreed price. Inspection Report Available Upon Request


Property Details

Style2 1/2 Storey
View-
Age of property-
SqFt-
Lot Size1,622 SqFt(96.01 x 16.9)
Parking Spaces-
MLS ®NumberC8305988
Community NameCabbagetown
Data SourceTRREB
Listing byCENTURY 21 PERCY FULTON LTD.

Features

Heating: Baseboard
Cooling: Other
Fireplace
Basement: Finished, Sep Entrance

Main Floor

Family

4.57 x 4.14

Kitchen

3.35 x 3.40

5th Br

3.18 x 3.12

Living

3.23 x 5.79


Features

Lot size: 1,622 SqFt

Property listed by CENTURY 21 PERCY FULTON LTD., Brokerage

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Market Data - Cabbagetown

Balanced Market

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

37 days

Compared to

2023

24 days

2022

38 days

2021

15 days

New Listings

Past 30 days

12 listings

Compared to

2023

6 listings

2022

11 listings

2021

4 listings

Units sold

Past 30 days

3 units

Compared to

2023

2 units

2022

2 units

2021

4 units

Median Sold Price

Past 30 days

$1,050,000

Compared to

2023

$1,585,000

2022

$1,585,000

2021

$1,505,647


Population and Demographics

Overview

Total population 23432
Average household income $113,132

Age (%)

20 to 34
30%
35 to 49
22%
50 to 64
21%
0 to 19
14%
65 and plus
14%

Household composition (%)

Single person
52%
Single family
37%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
64%
Tagalog (Pilipino, Filipino)
5%
Spanish
4%
Mandarin
3%
French
3%
Tamil
2%
Yue (Cantonese)
2%
Arabic
2%
Bengali
2%
Others
2%
Amharic
1%
Vietnamese
1%
Hindi
1%

House tenancy (%)

Renters
77%
Owners
23%

Schools and amenities

Estimated Budget