Toronto, Yonge-Eglinton, M5P 2L1
$1,995,000
Listed by CHESTNUT PARK REAL ESTATE LIMITED.
Outstanding duplex option in Chaplin Estates! Your entry to central Toronto real estate in one of the most coveted of all residential neighbourhoods. This home currently offers two independent two-bedroom suites which are both occupied and generate strong incomes. They have both been beautifully maintained by long-term tenants and over 1300 square feet per unit. The main floor has renovated and open-concept design with a beautiful kitchen, a gas fireplace, hardwood floors, two generous bedrooms and a walk-out to a deck and the back yard. The second floor is equally as large with big principal spaces, two generous bedrooms, and a balcony walk-out. Each unit has independent storage rooms in basement and their own washer and dryers. Set within the enviable Chaplin Estates community and surrounded by established luxury homes, this is an opportunity both as an income property or as a future development sight for a new home. It is within walking distance to Chaplin subway station on the Yonge line, and even closer to the future Avenue Road LRT station.
Walk to Phipps Bakery, Summerhill Market, Starbucks, Ferrero and a bounty of boutique small businesses on Eglinton Avenue West. Steps to the Beltline trails and surrounded by top public and private schools in every direction.
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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.
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.