$1,750,000
For sale: Multiplex

Brand New Rebuilt - Double Brick - Triplex in Downtown Toronto! Complete Gut-Renovation down to the studs, with completion in approx.6 weeks. 3 Legal Separate Suites - All Built to new codes, with separate meters, hardwired fire system, New Roof, New Main Staircase, New Insulation, New Drywall, New Floors, Brand New Modern Kitchens, with Dishwashers. A 3 year complete renovation on a very large victorian home, with 7, yes SEVEN parking spaces, a ~163 foot deep lot with fenced backyard. Potential for 2 floor garden home addition, fourth unit in basement (high ceilings). Boasting, Two 2 Bedroom Units with 12' high ceilings, and 1 large loft unit with an additional 1 bedroom, vaulted ceilings and a massive 19'x7' Private Deck. Perfect for "growing into" this spectacular victorian for end users or investors. All building under city permits.
Sold data
Multiplex homes in Toronto (Cabbagetown-South St. James Town) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 70, across 32 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 88 days.
The median sale price was $1,309,000.
Homes sold for about 5.5% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
Based on 32 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 (Cabbagetown-South St. James Town) 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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