$699,000
For sale: Townhouse

Whether you're a first-time buyer, growing family, downsizer, or investor looking for rental income and great value, this one is for you. This townhouse features a finished basement, attached garage, and a backyard. Currently operating as an income-generating rental property, ideal for buyers seeking immediate rental income. Situated in a prime Scarborough location, everything is within walking distance: mins away from parks, schools, grocery stores, cafes, and bus stops easily connecting to subway line. Maintenance fees include snow removal, grass landscaping, and all exterior repairs. *****Property is rented to multiple tenants sharing common areas and is generating $3,900/month in rental income not including one main unit on main level. Potential Upside: additional income of $1,500+ from main level vacant unit.
Sold data
Townhouse homes in Toronto (L'Amoreaux) took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 45, across 593 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.
The median sale price was $795,000.
Homes sold for about 2.4% below asking on average, so there was room to negotiate.
About 23% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 593 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (L'Amoreaux) 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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