$1,068,000
For sale: Townhouse

Located in North York, just minutes from York University, public transit, shopping, restaurants, parks and everyday amenities, this property offers an investment opportunity with established rental income and additional potential. The property features 5 rented rooms, all currently occupied. Current monthly rents are $1,250 for each of two rooms with balconies, $1,150 for each of two additional rooms, and $1,650 for the top-level room, generating a total of $6,450 per month in current rental income.The unfinished basement offers potential for additional living space, including the possibility of two bedrooms, subject to applicable approvals and permits. Conveniently located in a well-connected North York neighbourhood, this property provides current rental income with potential for future improvements.
Sold data
Townhouse homes in Toronto (Downsview-Roding-CFB) took a median of 22 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 580 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.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 $779,950.
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 14% of sellers reduced their price before finding a buyer.
Based on 580 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Downsview-Roding-CFB) 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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