trreb/IMG-C9245042_1.jpg
136 days on Market

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

Townhouse
2
4
~3500-5000 sqft
$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 Market136 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
Listing byROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM

Features

Heating: Forced Air
Cooling: Central Air
Fireplace

Features

Lot size: 2,246 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM, Brokerage

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Market Data - Little Portugal-Brockton Village

Seller's Market

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

54 days

Compared to

2023

40 days

2022

20 days

2021

25 days

New Listings

Past 30 days

4 listings

Compared to

2023

3 listings

2022

6 listings

2021

2 listings

Units sold

Past 30 days

2 units

Compared to

2023

1 unit

2022

2 units

2021

3 units

Median Sold Price

Past 30 days

$1,417,500

Compared to

2023

$1,050,000

2022

$1,078,000

2021

$1,180,000


Population and Demographics

Overview

Total population 15510
Average household income $138,289

Age (%)

20 to 34
28%
35 to 49
25%
50 to 64
17%
65 and plus
15%
0 to 19
15%

Household composition (%)

Single family
51%
Single person
38%
Multi person
11%
Multi family
1%

Mother tongue (%)

English
64%
Portuguese
16%
Yue (Cantonese)
4%
Spanish
3%
Others
2%
Vietnamese
2%
French
2%
Mandarin
1%
Italian
1%

House tenancy (%)

Renters
55%
Owners
45%

Schools and amenities

Estimated Budget