996-998 Avenue Road No longer available

Toronto, Yonge-Eglinton, M5P 2K8

$3,690,000

Description

Listed by SKYLAND REALTY INC..

Attention Builders, Investors, and Visionaries!Explore an exceptional detached legal fourplex strategically positioned at one of Toronto's most prestigious intersections: Avenue Rd and Eglinton. This rare find sits on an expansive lot measuring 50 x 111.66 feet, offering immense potential for redevelopment or continued rental income. Each of the four legal units spans approximately 1000 square feet, featuring 2 bedrooms and 1 bathroom.Recent upgrades include comprehensive waterproofing and insulation, newly renovated kitchens and bathrooms, and freshly painted units. The property boasts a brand-new boiler system and recently renovated roofs, ensuring efficiency and low maintenance for years to come. Located mere steps from the new Eglinton Crosstown LRT and the Yonge-Eglinton TTC subway, this prime investment property offers unparalleled convenience. Enjoy easy access to a vibrant array of restaurants, banks, groceries, and community centers, making it an ideal choice for tenants and future residents alike.Discover the vibrant local scene with shops and dining options just footsteps away, coupled with proximity to top-rated public and private schools. Don't miss this opportunity to capitalize on both the location and potential of this property!

Hardwood flooring throughout all units. Mutual driveway and private parking for four units. Separate hydro meters, 4 washers and 4 dryers. 4 Kitchen appliances.

Location

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  • Address: 996-998 Avenue Road
  • Neighborhood: Yonge-Eglinton
  • City: Toronto
  • State: Ontario
  • Postal Code: M5P 2K8

Property Details

  • Property ID: C8469984
  • Property Price: $3,690,000
  • Style: Fourplex, 2-Storey
  • Sq/Ft: 3500-5000
  • Rooms: 20
  • Bedrooms: 8
  • Bath: 4
  • Garages Spaces: 4
  • Garage: Other
  • Parking Spaces: 4
  • Year Built: 51-99
  • Basement: Sep Entrance, Unfinished
  • Den: N
  • Elevator: N
  • Exterior: Brick
  • Heating: Radiant
  • Fireplace: N
  • Taxes: $10,843.78 (2024)
  • Lot: 111.66x50.00 (Feet)

Room details and dimensions

Statistics for similar Fourplex homes in Yonge-Eglinton

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 Fourplex homes in Yonge-Eglinton

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 Fourplex homes in Yonge-Eglinton

Property History

This property has been sold 2 times 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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