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105 days on Market

14 & 16 Skey Lane, Toronto, Ontario M6J 3S4

$3,995,000
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Townhouse
2
4
~3500-5000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$970/sqft

Est. Mortgage$17,157/mo

Tax Amount (2023)$7,815/yr

Days On Market105 days


Description

Property is sold together with vacant lot at 17 Skey Lane. RARELY OFFERED OPPORTUNITY! Attention investors and builders, don't miss this amazing opportunity to obtain a three address site in one of Toronto's most desirable neighbourhoods. Offering endless potential for two detached homes, townhouse, or condo development, or eight purpose built rental units PLUS a detached laneway house! Currently 14/16 Skey Lane offers a four-unit multiplex with 100% lot coverage, while 17 Skey Lane (Currently used for parking) directly across the laneway holds a vacant site prime for a detached laneway house with the potential for a parking space. Projected rent roll for purpose built rentals $501,600 per-annum. Information package with zoning studies and financial breakdown available upon request.


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~3500-5000 SqFt
Lot Size2,246 SqFt(45.3 x 49.6)
Parking Spaces3
MLS ®NumberC9245042
Community NameLittle Portugal-Brockton Village
Data SourceTRREB

Features

Heating: Forced Air
Cooling: Central Air
Fireplace

Features

Lot size: 2,246 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Now
ListedFor Salefor$3,995,000Active
105 days on market
Listing by trreb®
history photo preview21
Jul 17, 2024
ListedFor Salefor$4,895,000Expired
Stayed 118 days on market
Listing by trreb®
history photo preview21
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Property listed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM, Brokerage

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Market DataFor the past 30 days in Little Portugal-Brockton Village

Median Selling Price

$1,391,000

47.70% more than GTA:

$941,750

Median Bidding

Overbidding - Trending to seller market

$121,000

GTA median: -$14,000

Median Number of Sales

6 sales

686 sales less than GTA:

692 sales

Median Number of Days on Market

14 days

9 days less than GTA:

23 days

Want more insights?Visit the Market Pulse


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