$1,319,000
For sale: Multiplex

Welcome to 62 Newmarket Avenue, a beautifully updated detached duplex in the heart of East York's sought-after Woodbine-Lumsden/Danforth Village neighbourhood. Perfectly suited for multi-generational families, or owner-occupiers seeking mortgage helper potential. This versatile home combines modern updates, separate living spaces, and excellent income stability. Pride of ownership is evident throughout this extensively upgraded property. Improvements were made to electrical, plumbing, insulation, mechanical systems, and living spaces. The main portion of the home offers bright, spacious living areas, an updated kitchen and bath, and a living/dining area ideal for family living or entertaining. The basement has been fully renovated and transformed into a two-bedroom suite that has a separate entrance. Upgrades include quartz kitchen countertops, laundry room, updated ductwork, and an insulated entrance door. The lower level is currently tenanted and provides immediate rental income. The prime East York location is steps to the TTC, GO, Danforth Ave, shops, restaurants, and more. This opportunity is a rare combination of an updated family home and an income suite in one of Toronto's most livable neighbourhoods. A beautiful turnkey property!
Sold data
Multiplex homes in Toronto (Woodbine-Lumsden) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 73, across 41 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 82 days.
The median sale price was $1,449,900.
Homes sold for about 4.0% below asking on average, so there was room to negotiate.
About 24% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 41 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 (Woodbine-Lumsden) 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.
Currently for sale

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