50 ARCADIAN CIRCLE, Toronto (Long Branch)

$1,700,000

For sale: Multiplex

Multiplex at 50 ARCADIAN CIRCLE, Toronto (Long Branch)
Property type
Triplex
Bedrooms / bathrooms
6 bedrooms, 5 bathrooms
Living area
2,500 sqft
MLS®
MLS® W13744530
Neighbourhood
Long Branch

Fully renovated turnkey triplex in Long Branch, steps from Lake Promenade. Currently fully rented and generating $7,050/month or $84,600/year in gross rental income, with the main and upper units at $2,600/month each and the lower unit at $1,850/month. Approx. annual operating costs are $12,318, making this a strong income-producing property in an established west Toronto neighbourhood.The property includes two 2-bedroom, 2-bath suites on the main and upper floors, plus a 2-bedroom, 1-bath lower-level suite. Main and upper units feature bright layouts, crown mouldings, pot lights, granite counters, stainless steel appliances and good closet space. The upper unit also includes in-suite laundry and rear patio access. The lower unit offers an open living and kitchen area, radiant floor heating and porcelain tile.Extensively renovated in 2019/2020, including roof, windows, exterior doors, insulation, plumbing, copper wiring, 200-amp service, three HVAC systems and owned on-demand hot water. Each unit has its own HVAC system and hydro meter, with four electrical meters in total including common areas.Close to Lake Ontario, waterfront parks and trails, Long Branch Village, Humber College, TTC and Long Branch GO. A well-maintained, fully rented triplex with current income and major building upgrades already completed.

Sold data

Multiplex homes in Toronto (Long Branch) — recent sold market

Multiplex homes in Toronto (Long Branch) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 70, across 46 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.

The median sale price was $1,449,450.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 26% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$1,449,450
Sale-to-list ratio
96.3%
Sold above asking
26%

Based on 46 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 (Long Branch)

Toronto (Long Branch) 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 (Long Branch)

  • 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 50 ARCADIAN CIRCLE