4 days on Market

25 Norwood Terr, Toronto, Ontario M4E 2H2

Detached
1 + 2
3
- sqft
$1,099,000
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Detached
1 + 2
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$4,720/mo

Tax Amount (2024)$3,565/yr

Days On Market4 days


Description

Welcome to 25 Norwood Terrace, located in the highly sought-after Upper Beaches! This delightful duplex presents a great opportunity for first-time homebuyers, condo grads, or investors looking for an excellent income-generating property. Currently, both units are tenanted, with the upper unit leased since 2022 and the main floor unit starting in January 2025. This provides immediate rental income and makes it a fantastic addition to any investment portfolio. The layout can also be easily converted into a single-family home. The upper unit boasts a spacious bedroom, a bright open-concept living room and kitchen, and access to a charming balcony. The main floor and lower unit feature a bright living and dining area, ensuite laundry, and a sleek 3-piece bathroom. The modern kitchen leads to a deck and private backyard perfect for entertaining. The basement offers two additional bedrooms, a 4-piece ensuite bathroom, and plenty of storage space. Unwind on the inviting front porch and enjoy the tranquility of a quiet, tree-lined street. Conveniently located within walking distance of public transit (GO train and subway) and a local daycare, this move-in-ready home is zoned as a duplex per MPAC and has been virtually staged. Don't miss this incredible investment opportunity!


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size1,370 SqFt(65 x 21.08)
Parking Spaces-
MLS ®NumberE11908270
Community NameThe Beaches
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY LTD.

Features

Heating: Forced Air
Cooling: Other
Basement: Finished

Main Floor

Living

2.92 x 3.35

Hardwood Floor / Window

Dining

2.92 x 3.45

Hardwood Floor / Closet


Features

Lot size: 1,370 SqFt

Property History

Jan 6, 2025
ListedActive
$1,099,000
4 days on market
history photo preview28
Listing by trreb®
Property listed by RE/MAX HALLMARK REALTY LTD., Brokerage

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Market Data - The Beaches

Geo Zone Map ThumbnailThe Beaches

Seller's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

23 days

Compared to

2024

37 days

2023

9 days

2022

9 days

New Listings

Past 30 days

13 listings

Compared to

2024

12 listings

2023

13 listings

2022

3 listings

Units sold

Past 30 days

5 units

Compared to

2024

3 units

2023

1 unit

2022

5 units

Median Sold Price

Past 30 days

$1,275,000

Compared to

2024

$1,530,000

2023

$1,025,000

2022

$1,855,000


Population and Demographics

Overview

Total population 40863
Average household income $210,334

Age (%)

35 to 49
24%
0 to 19
23%
50 to 64
22%
65 and plus
16%
20 to 34
15%

Household composition (%)

Single family
61%
Single person
35%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
88%
Others
5%
French
2%
Yue (Cantonese)
2%
Spanish
1%

House tenancy (%)

Owners
61%
Renters
39%

Schools and amenities

Estimated Budget