250 SHUTER STREET, Toronto (Moss Park)

$1,350,000

For sale: Multiplex

Multiplex at 250 SHUTER STREET, Toronto (Moss Park)
Property type
Duplex
Bedrooms / bathrooms
6 bedrooms, 3 bathrooms
Living area
1,500 sqft
MLS®
MLS® C13852988
Neighbourhood
Moss Park

In the heart of Downtown Toronto, this charming two-storey duplex presents an excellent opportunity for investors, first-time buyers, and those seeking a flexible income-producing property. Why take on the uncertainty, stress, time and expense of a major renovation/build when the work is already done? This move-in-ready duplex features two fully self-contained apartments, each with its own separate entrance, separate hydro meter, forced-air gas furnace, in-suite laundry and quality appliances. Ideal for an investor seeking rental income or a first-time buyer looking to live in one unit while generating income from the other. The property has enjoyed a consistent rental income over the years, attracting working professionals and students who value the convenience of downtown living with modern comfort. The previous years the two units offered a combined rental income of $5,650 per month [$3,500 for the main/basement unit and $2,150 for the second-floor unit]. Located directly on a TTC bus route and close to a subway station, with a short 15-minute walk to George Brown College, CF Toronto Eaton Centre and Toronto Metropolitan University (TMU), this property combines income potential, convenience and urban lifestyle. The main floor and the basement combine as one unit of 4 bed & 2 washrooms. Its kitchen with cream hexagon ceramic backsplash brings warmth to the grey cabinetry and stainless steel appliances, laundry and an outdoor escape to a cute backyard. Opening the second front door is an entrance up the stairs to a 2 bedroom, 1x3 pc bath & laundry. This 2nd floor self contained unit is a modern & bright apartment. The combined living/dinning with an open concept overlooking the kitchen with stainless steel appliances. Off the first bedroom is the Juliette balcony overlooking the backyard. A 3pc washroom by the hallway and laundry. Wanting to own and get potential income? Book a showing to see this handsome duplex today!

Sold data

Multiplex homes in Toronto (Moss Park) — recent sold market

Multiplex homes in Toronto (Moss Park) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 73, across 41 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 82 days.

The median sale price was $1,449,900.

Homes sold for about 4.0% below asking on average, so there was room to negotiate.

About 24% of sales closed above the list price.

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

Median days to sell
32
Median sale price
$1,449,900
Sale-to-list ratio
96.0%
Sold above asking
24%

Based on 41 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 (Moss Park)

Toronto (Moss Park) 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 (Moss Park)

  • 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 250 SHUTER STREET