46 days on Market

37 Vine Ave, Toronto, Ontario M6P 1V6

Townhouse
3 + 1
3
- sqft
$1,199,000
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Townhouse
3 + 1
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$5,149/mo

Tax Amount (2024)$4,170/yr

Days On Market46 days


Description

Nestled in one of Toronto's most desirable districts, this triplex is ideally located within minutes of downtown. The Junction is celebrated for its rich history and community spirit, making it a fantastic place to live or invest. Enjoy the convenience of urban living while also having access to green spaces, local art, and cultural activities. With public transit just a stones throw away, commuting to work or exploring the city has never been easier. This property boasts three self-contained units, each with its own separate entrance, providing tenants with privacy and comfort. The layout is thoughtfully designed to maximize space and functionality. For the savvy investor, this triplex offers immense cash flow potential. Steady Rental Income: With the demand for rental units in the Junction at an all-time high, you can easily attract and retain quality tenants. Each unit can be rented at competitive market rates, ensuring a healthy return on investment. Appreciation Potential: The Junction is experiencing ongoing development and revitalization, which can lead to property value appreciation over time. Investing here is not just about immediate cash flow; its also a strategic move for long-term growth.


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size1,558 SqFt(100 x 15.58)
Parking Spaces-
MLS ®NumberW10409276
Community NameThe Junction
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Baseboard
Basement: Finished, Sep Entrance

Main Floor

Living

4.27 x 3.66

Kitchen

3.66 x 3.05

Br

4.57 x 3.05

2nd Br

3.05 x 3.05


Features

Lot size: 1,558 SqFt

Property listed by EXP REALTY, Brokerage

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Market Data - The Junction

Buyer's Market

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

59 days

Compared to

2023

19 days

2022

12 days

2021

66 days

New Listings

Past 30 days

11 listings

Compared to

2023

7 listings

2022

5 listings

2021

3 listings

Units sold

Past 30 days

2 units

Compared to

2023

3 units

2022

2 units

2021

3 units

Median Sold Price

Past 30 days

$1,660,000

Compared to

2023

$1,100,000

2022

$899,965

2021

$1,255,500


Population and Demographics

Overview

Total population 29012
Average household income $141,154

Age (%)

35 to 49
27%
20 to 34
24%
50 to 64
19%
0 to 19
18%
65 and plus
13%

Household composition (%)

Single family
53%
Single person
39%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
71%
Portuguese
8%
Spanish
5%
Others
4%
French
2%
Vietnamese
2%
Polish
2%
Yue (Cantonese)
1%
Italian
1%

House tenancy (%)

Renters
52%
Owners
48%

Schools and amenities

Estimated Budget