$998,800
For sale: Detached

An Opportunity Worth A Closer Look In Corso Italia-Davenport. Welcome To 83 Ashburnham Rd, A Legal Triplex Situated Just Steps From St. Clair Ave W & Dufferin St, Offering A Rare Combination Of Lot Size, Parking, Location And Long-Term Investment Potential.Set On An Impressive 24.98 x 140.04 Ft Rectangular Lot, The Property Features Three Legal Residential Units, A Walk-Up Basement Entrance And Exceptional Parking For Approximately 10 Vehicles, With A Long Asphalt Driveway Leading To A Substantial Paved Parking Area At The Rear.The Property Is Being Offered AS IS, WHERE IS, With The Existing Occupants Remaining On Closing. It Is Not Being Presented As A Turnkey Investment And That Is Reflected In The Asking Price. For A Buyer Prepared To Take On The Existing Tenancy And The Work Associated With Repositioning The Property Over Time, The $998,800 Asking Price Represents A Compelling Entry Point Into A Legal Multi-Unit Property In An Established Toronto Neighbourhood.Conveniently Located Near St. Clair West, TTC, Restaurants, Cafés, Shopping, Schools And Parks, With The Character And Amenities That Make Corso Italia-Davenport Such A Desirable Community.Legal Triplex Nearly 25-Ft Frontage Basement 140-Ft Deep Lot Approx. 10-Car Parking. Walk-Up Guest House / Second Dwelling Option. Flexible Closing $998,800 There Is Work To Be Done, But There Is Also Significant Property Here To Work With. For The Right Buyer With Vision And Patience, 83 Ashburnham Rd Offers An Opportunity That Is Increasingly Difficult To Find In Toronto.
Sold data
Detached homes in Toronto (Corso Italia-Davenport) took a median of 17 days to sell over the last 90 days, with the quickest quarter selling within 8 days and the slowest quarter taking more than 37, across 1,861 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 36 days.
The median sale price was $1,199,000.
Homes sold for about 2.9% below asking on average, so there was room to negotiate.
About 26% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
Based on 1,861 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Corso Italia-Davenport) 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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