121 FOURTH STREET, Toronto (New Toronto)

$4,495,000

For sale: Multiplex

Multiplex at 121 FOURTH STREET, Toronto (New Toronto)
Property type
Multiplex
Bedrooms / bathrooms
12 bedrooms, 10 bathrooms
Living area
100,000 sqft
MLS®
MLS® W12450015
Neighbourhood
New Toronto

Exceptional 10-unit investment property in South Etobicoke. Completely renovated in 2018, featuring new wiring, plumbing, and modern kitchens with quartz counters and stainless steel appliances. Each unit includes in-suite laundry and A/C. The basement's height is 7.6 feet, and a security system with 6 cameras provides peace of mind. A 2020 roof and 6 parking spaces complete this impressive offering. The total square footage, as per floor plans, measures an impressive 6,648 square feet. The property's location adds to its appeal, with its proximity to the waterfront, walking/cycling trails, schools, Humber College's Lakeshore Campus, and public transit (including GO Train access). The existing mortgage is available for takeover at a rate of 3.30% with a maturity date at the end of 2028.

Sold data

Homes in New Toronto — recent sold market

Homes in New Toronto took a median of 21 days to sell over the last 365 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 37, across 88 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.

The median sale price was $934,450.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$934,450
Sale-to-list ratio
96.3%
Sold above asking
14%

Based on 88 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (New Toronto)

Toronto (New Toronto) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (New Toronto)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 121 FOURTH STREET