$1,499,900
For sale: Multiplex

Purpose-Built Multiplex - Six Spacious Units! One unit will be vacant on closing. Well-maintained detached building near Eglinton &Black Creek, offering 5 large two-bedroom suites plus 1 bachelor. Conveniently located with easy access to Hwy 401 & 400, TTC service on Trethewey with a direct bus to the new Eglinton Crosstown Subway, and within walking distance to local schools. Building Highlights: Roof(2018), Furnace (2009), Boiler (2009) Garage doors (2017) All units converted from fuses to breakers (2019). No knob & tube wiring. Approx. 6,888 sq. ft. (per attached floor plans, including basement) 5-car garage. Income: Estimted Gross annual rent of $105,000 (Approx., as per Seller). Important Notes: Existing tenants to be assumed. One unit will be vacant on closing, Vacant possession of tenant units will not be provided. Photos are from a previous listing; current floor plans attached. AGENTS -FINANCIALS AND FLOORPLANS ARE ON THE ATTACHMENT
Sold data
Multiplex homes in Toronto (Beechborough-Greenbrook) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 73, across 34 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.
The median sale price was $1,262,000.
Homes sold for about 5.7% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 34 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Beechborough-Greenbrook) 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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