$1,279,000
For sale: Multiplex

This is the Swiss Army Knife of homes! Live in a gorgeous 2 storey owners suite with a rooftop deck and collect $3,000 - $4,000 a month from main floor and lower level suites, treat it as a pure rental property or renovate the top 3 floors back to a huge single family home! An 8min walk to both Greenwood & Coxwell Stations, with Monarch Park at the bottom of the street (playground, outdoor pool, ice rink & more ) - this location is hard to beat! The upper suite is a spacious two level residence which will be vacant on possession - allowing a purchaser to move right in or fill at market rent. The main floor is currently a 2 bedroom suite with sliding doors to the backyard - which will also be vacant on possession. The basement is a 1 bedroom suite with separate side entrance (currently rented for $1,195). Great location, fully detached, 3 storeys and 2 car covered parking off a lane!
Sold data
Multiplex homes in Toronto (Greenwood-Coxwell) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 73, across 34 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.
The median sale price was $1,262,000.
Homes sold for about 5.7% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 34 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Greenwood-Coxwell) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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