2479 QUEEN STREET E, Toronto (The Beaches)

$4,688,000

For sale: Multiplex

Multiplex at 2479 QUEEN STREET E, Toronto (The Beaches)
Property type
Investment
Bedrooms / bathrooms
6 bathrooms
MLS®
MLS® E13651138
Neighbourhood
The Beaches

Exceptional opportunity to acquire a beautifully renovated six-unit multiplex in the heart of The Beaches. Offered fully furnished and completely turnkey, this meticulously maintained property features six spacious two-bedroom apartments, with several suites showcasing stylish modern renovations. Delivered with vacant possession, it offers investors the unique opportunity to establish market rents from day one and maximize income potential. A strong income-producing asset with excellent long-term growth potential, the property also features six dedicated parking spaces and tenant storage. Ideally situated on vibrant Queen Street East, just steps to the beach, parks, transit, cafés, restaurants, boutique shopping, and all the amenities this sought-after lakeside community has to offer. A great investment opportunity in one of Toronto's most desirable neighbourhoods

Sold data

Homes in The Beaches — recent sold market

Homes in The Beaches took a median of 14 days to sell over the last 90 days, with the quickest quarter selling within 6 days and the slowest quarter taking more than 28, across 60 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 24 days.

The median sale price was $1,399,450.

Homes sold for about 1.1% below asking on average, so there was room to negotiate.

About 38% of sales closed above the list price.

Around 12% of sellers reduced their price before finding a buyer.

Median days to sell
14
Median sale price
$1,399,450
Sale-to-list ratio
98.9%
Sold above asking
38%

Based on 60 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

Schools in Toronto (The Beaches)

Toronto (The Beaches) 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 (The Beaches)

  • 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 2479 QUEEN STREET E