$1,175,000
For sale: Multiplex

INCREDIBLE INVESTMENT OPPORTUNITY ON A DOUBLE CORNER LOT (POSSIBLE SEVERANCE AVAILABLE) IN THE GROWING TOWN OF EVERETT...............CURRENTLY OPERATING AS A LEGAL TRIPLEX, THERE ARE A NUMBER OF ADDITIONAL OPTIONS HERE WITH MIXED RES/COMM (HR1C1) ZONING WITH SEVERAL PERMITTED USES...............Also ideal for multi-family living under one roof and sharing bills, but all with totally separate spaces................Less than 60 minutes to much of the GTA, only 10 mins to Alliston (home of Honda Canada Mfg), and Base Borden (high demand for rentals)................With 4,331 sq ft, each unit is completely separate from one another, and very spacious...............All units have 3 bdrms, a full 4 piece bath, and their own outdoor area...............Shared coin operated laundry adds extra income...............4 driveways with 10+ parking spots..............Low vacancy rate, one unit currently reno'd and remains intentionally unoccupied................Foundation for former detached shop remains, should be easy permit if you want to re-construct..............2 garden sheds..............Mature trees.................Several recent mechanical/structural updates include: Shingled roof 2020, metal roof 2016, board and batten 2018, septic risers 2025 (inspected and pumped at that time), owned hot water tank 2026, furnace 2014...............This property truly offers a great deal of future value to a sharp investor.
Sold data
Homes in Everett took a median of 34 days to sell over the last 730 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 50, across 39 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $879,000.
Homes sold for about 2.6% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 39 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
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