Re-listed 13 days ago

45 Strathmore Blvd, Toronto, Ontario M4C 1N5

Detached
4 + 1
4
~2000-2500 sqft
$•••,•••
$1,499,900
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Detached
4 + 1
4
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$674/sqft

Est. Mortgage$6,441/mo

Tax Amount (2024)$6,745/yr

Days On Market13 days

Total Days On Market196 days


Description

5.17 CAP RATE! Rare multi-unit investment in prime Danforth location. Upgraded 4-unit property offering a current 5.17% cap rate and A+ tenants. Literally steps to the subway, this turnkey opportunity features a 2-bedroom unit across main and basement levels with updated kitchen and walkout to south-facing yard. Upper levels each offer bright 1-bedroom units; the top floor with loft-like feel and balcony. The newly underpinned basement bachelor has a private walkout, separate entrance, and upgraded foundations and drainage. Secure common entrance with laundry, bike storage, and solid double-car garage with laneway house potential. Significant capital improvements already completed. Stable income in a high-demand rental market with future upside. 1 x 2-Bedroom Unit: Spanning the main and lower levels, this unit features a renovated kitchen with smart hotplates, ample counter space, and access to a south-facing backyard. Includes one bedroom on the main floor and a second bedroom with a large bathroom and generous storage in the high basement. 1 x 1-Bedroom Unit (Second Floor): Bright and spacious with abundant natural light, offering an open layout and comfortable living space. 1 x 1-Bedroom Unit (Third Floor): Loft-style unit with a walkout to a private balcony and unobstructed views, creating a unique and airy living space. 1 x Bachelor Suite (Basement): Newly underpinned and upgraded, featuring its own private walkout, separate entrance, sun-filled living area, new foundations, drainage system, and sump pump. Total 3,239 square feet including basement (Floorplans). FREE property management services for one year, ask LA for details. November 2024 Home Inspection available


Property Details

Style2 1/2 Storey
ViewCity
Age of property100+
SqFt~2000-2500 SqFt
Lot Size2,521 SqFt(125 x 20.17)
Parking Spaces2
MLS ®NumberE12160680
Community NameThe Danforth
Data SourceTRREB
Listing byHARVEY KALLES REAL ESTATE LTD.

Features

Heating: Water
Cooling: Wall Unit
Basement: Sep Entrance, Finished

Bsmt Floor

Kitchen

3.73 x 2.84

Laminate / Combined W/Dining

Br

3.78 x 2.54

Laminate

Br

4.5 x 4.27

Window

Other

2.16 x 3.58


Features

Lot size: 2,521 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 0

Total parking spaces 2


Property listed by HARVEY KALLES REAL ESTATE LTD., Brokerage

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Market Data - The Danforth

Geo Zone Map ThumbnailThe Danforth

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

11 days

Compared to

2024

9 days

2023

12 days

2022

9 days

New Listings

Past 30 days

21 listings

Compared to

2024

27 listings

2023

13 listings

2022

22 listings

Units sold

Past 30 days

9 units

Compared to

2024

12 units

2023

10 units

2022

9 units

Median Sold Price

Past 30 days

$1,400,000

Compared to

2024

$1,350,000

2023

$1,431,375

2022

$1,470,000


Population and Demographics

Overview

Total population 26286
Average household income $164,787

Age (%)

35 to 49
25%
0 to 19
22%
50 to 64
20%
20 to 34
18%
65 and plus
15%

Household composition (%)

Single family
61%
Single person
33%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
78%
Yue (Cantonese)
4%
Others
4%
Greek
3%
French
2%
Spanish
2%
Italian
1%
Mandarin
1%

House tenancy (%)

Owners
62%
Renters
38%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget