$1,879,000
For sale: Multiplex

Family owned triplex on quiet street walking distance to Lakeshore shopping, TTC and GO station. This property has been well maintained and offers an opportunity as an investment or generational residence. Solid brick structure and purpose built with 3 full kitchens, 3 baths, thermopane windows, separately metered electrical services, oversized double garage and plenty of parking. Basement and main floor units have been updated with kitchens featuring quartz countertops and new appliances. Newly renovated baths with new fixtures, vanities and heated mirrors. Freshly painted throughout. Electrical service has 3 meters and new panels (2x100 amp, 1x60 amp). Second floor unit is tenanted on a month to month basis @ $2650 plus hydro. Purchaser to assume tenant. New exterior doors and push button locks. Large rear garden is fully fenced. Positive Carson Durlop inspection report available. MPAC-reported square footage of 2494 sqft refects the main and upper floors and does not include the basement.
Sold data
Multiplex homes in Toronto (Alderwood) took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 40, across 39 recorded sales.
The median sale price was $1,389,000.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 23% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 39 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 (Alderwood) 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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