Home with brick exterior material, street for 996-998 Avenue Rd, Toronto Ontario M5P 2K8
12 days on Market

996-998 Avenue Rd, Toronto, Ontario M5P 2K8

Townhouse
8
4
~3500-5000 sqft

Sold conditionally $2,799,000

Escape clause

Townhouse
8
4
~3500-5000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$679/sqft

Est. Mortgage$12,021/mo

Tax Amount (2024)$10,844/yr

Days On Market12 days


Description

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.


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~3500-5000 SqFt
Lot Size5,583 SqFt(111.66 x 50)
Parking Spaces4
MLS ®NumberC11964606
Community NameChaplin Estates
Data SourceTRREB
Listing bySKYLAND REALTY INC.

Features

Heating: Radiant
Basement: Sep Entrance, Unfinished

Main Floor

Br

3.51 x 3.05

2nd Br

3.20 x 3.05

Br

3.51 x 3.05

2nd Br

3.20 x 3.05


Features

Lot size: 5,583 SqFt

Parking

Garage spaces 4

Garage type Other

Other parking spaces 0

Total parking spaces 4


Property History

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Price changeActive
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Listed
$•••,•••
12 days on market
history photo preview32
Listing by trreb®
Property listed by SKYLAND REALTY INC., Brokerage

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Market Data - Chaplin Estates

Geo Zone Map ThumbnailChaplin Estates

Seller's Market

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

43 days

Compared to

2024

0 day

2023

9 days

2022

0 day

New Listings

Past 30 days

2 listings

Compared to

2024

0 listing

2023

3 listings

2022

0 listing

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

2 units

2022

0 unit

Median Sold Price

Past 30 days

$1,510,000

Compared to

2023

$2,000,000


Population and Demographics

Overview

Total population 7253
Average household income $228,781

Age (%)

20 to 34
25%
35 to 49
22%
50 to 64
18%
0 to 19
18%
65 and plus
16%

Household composition (%)

Single family
53%
Single person
42%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
77%
Spanish
4%
Mandarin
2%
French
2%
Iranian Persian
2%
Portuguese
2%
Korean
2%
Russian
2%
Yue (Cantonese)
2%
Tagalog (Pilipino, Filipino)
1%
Others
1%

House tenancy (%)

Renters
63%
Owners
37%

Schools and amenities

Estimated Budget