15 hours on Market

1281 Weston Rd, Toronto, Ontario M6M 4R2

Other
-
3
~1744 sqft
$949,900
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Other
-
3
~1744 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$544/sqft

Est. Mortgage$4,079/mo

Tax Amount (2024)$3,040/yr

Days On Market15 hours


Description

Versatile Commercial & Residential Opportunity Near Future Mount Dennis Transit Hub! This semi-detached property on a 25 X 110 Ft Lot, offers incredible flexibility for investors, end-users, or business owners. Located in a rapidly revitalizing area, it features two self-contained units, each with a private entrance. Live in one unit while renting out the other, run a business from home, or lease the entire property. The main floor includes a modern kitchen with walk-out to back deck, 3-piece washroom, laundry, living room and a street-facing office (or bedroom). The finished basement has an open-concept living room and bedroom area with its own laundry hookup, and 3-piece washroom. The upper unit has 1-bedroom, a large eat-in kitchen, 4-piece washroom, and a bright open-concept living space. A large covered back patio provides a great space to relax and there are two storage sheds on the property. Ample parking accessible through mutual drive or the rear laneway. Recent upgrades include furnace, central AC, roof, and an owned hot water tank. This updated property is a turn-key investment for end-users or investors (6% cap rate on projected NOI). An excellent opportunity in a high-growth, well-connected area.


Property Details

StyleApartment
View-
Age of property-
SqFt~1744 SqFt
Lot Size2,750 SqFt(110 x 25)
Parking Spaces4
MLS ®NumberW12103226
Community NameMount Dennis
Data SourceTRREB
Listing byROYAL LEPAGE ESTATE REALTY

Features

Heating: Gas Forced Air Closd
Cooling: Y
Basement: Y

Features

Lot size: 2,750 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by ROYAL LEPAGE ESTATE REALTY, Brokerage

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Market Data - Mount Dennis

Geo Zone Map ThumbnailMount Dennis

Seller's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

30 days

Compared to

2024

9 days

2023

16 days

2022

7 days

New Listings

Past 30 days

21 listings

Compared to

2024

18 listings

2023

16 listings

2022

28 listings

Units sold

Past 30 days

10 units

Compared to

2024

12 units

2023

5 units

2022

17 units

Median Sold Price

Past 30 days

$866,000

Compared to

2024

$900,000

2023

$650,000

2022

$920,000


Population and Demographics

Overview

Total population 14704
Average household income $103,457

Age (%)

50 to 64
21%
0 to 19
21%
20 to 34
21%
35 to 49
20%
65 and plus
17%

Household composition (%)

Single family
60%
Single person
33%
Multi person
6%
Multi family
1%

Mother tongue (%)

English
57%
Portuguese
13%
Spanish
9%
Vietnamese
4%
Others
3%
Tagalog (Pilipino, Filipino)
3%
Italian
2%
Somali
1%
Yue (Cantonese)
1%

House tenancy (%)

Owners
52%
Renters
48%

Schools and amenities

Estimated Budget