247-249 High Park Avenue For Sale

Toronto, Junction Area, M6P 2S5

$2,498,000

Description

Listed by BABIAK TEAM REAL ESTATE BROKERAGE LTD..

Welcome to this sought-after, purpose-built 6-plex on an expansive property in the heart of Junction/High Park! Its a remarkable opportunity for investors, those exploring live/rent options, individuals considering co-ownership arrangements, or families seeking multi-generational living. Key Features: A spacious 4,800 square feet of living space over three levels | Impressive lot measuring 50' x 200' (irregular at rear) | Private drive with double garage | One vacant unit available; remaining units are month to month | Potential to add multiple units and a garden suite | See development potential report in attachments | Current Property Condition Assessment is available. This ideal city property is located on a desirable tree-lined street just a short walk to High Park, the subway and the fabulous boutiques, bakeries, specialty food stores, coffee shops and restaurants in the Junction! Annual Gross Income* - $91,521 Annual Expenses* - $27,441 Net operating Income* - $64,080 *includes estimated income for vacant unit & estimated expenses. (buyer to complete due diligence).

Financials, Garden suite report, Property Condition Assessment & Floor Plans avail. Offers Welcome Anytime with 48 hours irrev.

Location

View Map
  • Address: 247-249 High Park Avenue
  • Neighborhood: Junction Area
  • City: Toronto
  • State: Ontario
  • Postal Code: M6P 2S5

Property Details

  • Property ID: W10431388
  • Property Price: $2,498,000
  • Style: Multiplex, 2-Storey
  • Rooms: 12+8
  • Bedrooms: 4+2
  • Bath: 6
  • Garages Spaces: 4
  • Garage: Detached
  • Parking Spaces: 12
  • A/C: Window Unit
  • Basement: Apartment, Sep Entrance
  • Den: N
  • Exterior: Brick
  • Heating: Radiant
  • Fireplace: N
  • Taxes: $15,764.97 (2024)
  • Lot: 200.00x51.00 (Feet) - irregular per Geowarehouse

Room details and dimensions

Statistics for similar Multiplex homes in Junction Area

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Multiplex homes in Junction Area

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Multiplex homes in Junction Area

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

Nearby Listings

  • For Sale

525 Rogers Road

Toronto, Keelesdale-Eglinton West, M6M 1B4

  • 4+1 Bedrooms
  • 5 Bath