$1,249,000
For sale: Other

An excellent investment in a thriving neighbourhood. This building makes efficient use of its entire lot, maximizing commercial and residential rental income. The main floor commercial space is leased at over $3000 Net per month, the business pays TMI and maintains their main floor and basement premises spotlessly. The upstairs 2+1 bedroom apartment rents at over $1800 per month. The rear 1 bedroom, 2-level apartment rents at $1700 per month. Two car parking and a private deck and back yard complete this properties function and form.
Sold data
Other homes in Toronto (Birchcliffe-Cliffside) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 37 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
Toronto (Birchcliffe-Cliffside) 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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