$435,000
For sale: Apartment

TLC is required prior to possession. The home is currently tenant-occupied, and there are ample tenant belongings present in the unit. Possession can be provided vacant, or the tenant can be assumed at a monthly rate of $2,400, with all terms subject to mutual agreement and applicable landlord-tenant laws. Fabulous Bright Two-Bedroom Unit in the Heart of Trendy Queen St West. Enjoy a great neighborhood with a quick commute to downtown. Features floor-to-ceiling windows, a large terrace, and an open-concept kitchen with stylish cabinetry, granite countertops, and stainless steel appliances. Laminate flooring throughout. Steps to 24-hour streetcar, Liberty Village, King West, transit, and an array of restaurants, bars, and shops. Perfect for both users and investors. Bonus: Excellent tenants currently occupy the unit on a month-to-month basis, paying $2,400 per month, and are happy to stay.
Sold data
Apartment homes in Toronto (Little Portugal) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 54, across 2,818 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $569,000.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 2,818 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Little Portugal) 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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