6-8 JOHN STREET, Toronto (Weston)

$1,100,000

For sale: Multiplex

Multiplex at 6-8 JOHN STREET, Toronto (Weston)
Property type
Investment
Bedrooms / bathrooms
4 bathrooms
MLS®
MLS® W13727360
Neighbourhood
Weston

Excellent cap rate, a unique freestanding corner building with constant cash flow, great investment return with proven solid upward growth. Versatile property consisting of 2+1 long established commercial units, One 3 bedrooms (Fully renovated) with private ensuite washer/dryer brand new appliances and fixtures and one 2-Bedroom space at upper level, all with separate entrances, and Two parking space at rear with no condo fees. Live in one and collect constant cash from 4 other leased units if you want. Fully leased (One unit just fully renovated with lease offers) with stable tenants, never been vacant. Exceptional transit (TTC, GO, LTR, etc), at doorsteps and 400,401 ,427 HWY access. Great exposure in rapidly growing weston surrounded by residential development. Unique Investment return with incoming raises. Newer roof, high-efficiency furnace and water heater. Fully detached with separate civic addresses.

Sold data

Multiplex homes in Toronto (Weston) — recent sold market

Multiplex homes in Toronto (Weston) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 73, across 34 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.

The median sale price was $1,262,000.

Homes sold for about 5.7% below asking on average, so there was room to negotiate.

About 15% of sales closed above the list price.

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

Median days to sell
32
Median sale price
$1,262,000
Sale-to-list ratio
94.3%
Sold above asking
15%

Based on 34 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 (Weston)

Toronto (Weston) 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 (Weston)

  • 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 6-8 JOHN STREET