$1,499,000
For sale: Multiplex

Ideal For An Investor Seeking A Turnkey Triplex Or An End User Looking To Live In One Unit While Renting Out The Rest To Offset Their Mortgage. Income Analysis Attached. Income of $89,102. Expenses of $29,276. NOI of $59,826. Excellent Investment Opportunity In The Highly Sought After Queen West Neighbourhood! Beautifully Maintained & Upgraded Triplex Featuring A Renovated Owner's Suite (1,316 sq ft) With Hardwood Flooring, Modern Kitchen With Stainless Steel Appliances, Finished Basement, Spacious Primary Bedroom, And Walk-Out To Private Patio. Two Second-Floor Tenant Apartments (1,165 sq ft) Offer Separate Entrances, Kitchens, Four-Piece Baths, Open-Concept Living Spaces And Private Patios. Potential To Reconfigure Into Four Units. Currently Fully Tenanted With One Of The Smaller Upper Units Becoming Vacant in November. Option To Maintain Vacant For Owner Occupier Or Rent At A Higher Rental Rate. Located On A Charming, Private Cul-De-Sac Just Steps To Queen Street, Dundas West, And Roncesvalles, With Easy Access To Shops, Restaurants, And Transit.
Sold data
Homes in Roncesvalles took a median of 8 days to sell over the last 90 days, with the quickest quarter selling within 7 days and the slowest quarter taking more than 39, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 25 days.
The median sale price was $1,198,500.
Homes sold for about 1.1% below asking on average, so there was room to negotiate.
About 44% of sales closed above the list price.
Around 12% 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 (Roncesvalles) 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.
Currently for sale

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