434 VICTORIA PARK AVENUE, Toronto (The Beaches)

$1,550,000

For sale: Multiplex

Multiplex at 434 VICTORIA PARK AVENUE, Toronto (The Beaches)
Property type
Triplex
Bedrooms / bathrooms
6 bedrooms, 4 bathrooms
Living area
2,500 sqft
MLS®
MLS® E13816996
Neighbourhood
The Beaches

OPEN HOUSE SUNDAY 1:00 PM - 3:00 PM! Modern Triplex. Welcome to 434 Victoria Park Ave. Over 3040 Sq Ft., fully updated 3 units spread over 4 levels. This impeccably renovated legal modern triplex is located in the Upper Beach area just off the trendy Kingston Road shopping district. Excellent designed and well maintained property features three (3) modern self-contained units, each tastefully designed and each unit has its own private entrance, it's own in-suite laundry and 1 front parking pad and 2 car garage at rear (garden suite compliant). This building has been recently re-designed for maximum impact, efficiency and income potential. All units have been appointed with quality materials and built with superior craftsmanship and completed with modern appliances. The detached double car garage provides additional upside potential for increased income and potential for garden suite re-development. This home is equipped with 2 furnaces, 2 hot water tank-less heaters, and 2 A/C units for efficient climate control and comfort. Three (3) hydro meters and two (2) gas meters also make this property easy for a landlord to manage. This is a turnkey investment opportunity or live in one and rent out the other 2 units making home ownership very affordable. Enjoy the convenience and economy of a full sized "live-in" property with low maintenance and exceptional income and upside potential. (garden suite compliant).

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 24 days.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 434 VICTORIA PARK AVENUE