793 KING STREET W, Toronto (Niagara)

$12,250,000

For sale: Other

Other at 793 KING STREET W, Toronto (Niagara)
Property type
Investment
MLS®
MLS® C13801702
Neighbourhood
Niagara

Optimum investment opportunity with exceptional rental income . Seven (7) units in a Superb High Visibility Location. Busy Vehicle And Pedestrian Traffic. Also 7 dedicated underground parking spaces included. One Of The Hottest And Rapidly Developing Areas With Several New Condo Developments Nearby. In The Burgeoning Corridor Between King/Bathurst And Liberty Village. Steps away from new Bathurst subway station of the new TTC Ontario Line; AND the TTC streetcar Stops In Front. Includes 7 dedicated Underground Parking spaces . 132 feet frontage combined on King St W. Ownership is retiring. Annual NET revenue (NOI) $565,000 with escalations. Vendor Take Back mortgage is available at favorable terms and Low interest rate.

Sold data

Homes in Niagara — recent sold market

Homes in Niagara took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 41, across 158 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.

The median sale price was $620,000.

Homes sold for about 2.9% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 11% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$620,000
Sale-to-list ratio
97.1%
Sold above asking
11%

Based on 158 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Niagara)

Toronto (Niagara) 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 (Niagara)

  • 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 793 KING STREET W