$1,299,000
For sale: Multiplex

Amazing Legal Five Plex Investment Corner property with 5 one-bedroom apartments close to transit, shopping and schools In Toronto. The seller will consider a private Vendor Take Back mortgage (VTB) to qualified buyer. Property has yearly Fire Department inspections with a building pull alarm and fire extinguishers, Building is heated with an efficient modern natural gas Navian Boiler System that sends heated water to radiators in each apartment, Roof is 4 years old, Unit 1 Renovated completely 2 years ago, Gross estimated Income of $63,120, Expenses $15,900, Net Income $47,220. approximately. Property is being sold in "As Is, Where Is" condition
Sold data
Homes in Weston Pellam Park took a median of 15 days to sell over the last 365 days, with the quickest quarter selling within 8 days and the slowest quarter taking more than 35, across 95 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 28 days.
The median sale price was $859,900.
Homes sold for about 1.0% below asking on average, so there was room to negotiate.
About 44% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 95 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 (Weston-Pellam Park) 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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