721 Shaw Street No longer available

Toronto, Palmerston-Little Italy, M6G 3L8

$1,949,900

Description

Listed by SOTHEBY`S INTERNATIONAL REALTY CANADA.

Steps to Bloor, 721 Shaw is the perfect multi-family residential home to add to your growing portfolio or off-set your mortgage. The property currently boasts nearly $110k in gross annual income and a staggering 4.5% cap rate. The basement suite was renovated in 2020 and features 2-beds and a modern kitchen. The main floor suite includes 2-beds and a sun-drenched kitchen with views of the city skyline. The upper floor is the largest suite, spread over two floors with 3-beds and a sizeable family room. Proximity to Bloor and Ossington make this property extremely easy to access transit and attractive among tenants.

Exposed brick throughout, updated mechanical and kitchens, large garage at the rear is currently leased for an additional $307.50/mth, potential to add a laneway house, excellent tenants prefer to stay, private entry for the basement suite.

Location

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  • Address: 721 Shaw Street
  • Neighborhood: Palmerston-Little Italy
  • City: Toronto
  • State: Ontario
  • Postal Code: M6G 3L8

Property Details

  • Property ID: C8072914
  • Property Price: $1,949,900
  • Style: Semi-Detached, 2 1/2 Storey
  • Rooms: 9+1
  • Bedrooms: 7
  • Bath: 3
  • Garages Spaces: 1
  • Garage: Detached
  • Parking Spaces: 1
  • A/C: Window Unit
  • Basement: Finished, Sep Entrance
  • Den: N
  • Exterior: Brick
  • Heating: Forced Air
  • Fireplace: Y
  • Taxes: $6,263.00 (2023)
  • Lot: 129.00x16.25 (Feet) - Survey Available

Room details and dimensions

Statistics for similar Semi-Detached homes in Palmerston-Little Italy

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 Semi-Detached homes in Palmerston-Little Italy

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 Semi-Detached homes in Palmerston-Little Italy

Property History

This property has been sold 1 time before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

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

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