1010 Caledonia Rd
Yorkdale-Glen Park, North York, M6B 3Z1
FOR SALE
$1,849,900
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4 + 2
BEDROOMS3
BATHROOMS2 + 1
KITCHENS12 + 2
ROOMSW9513464
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Property Description
PRIME INVESTMENT OPPORTUNITY AT 1010 CALEDONIA ROAD w/ POTENTIAL ANNUAL RENTS OF APPROX. $100,000!!! ADDITIONAL UPSIDE AS PROPERTY ALSO IDEAL FOR INVESTOR / DEVELOPER AS PROPERTY HAS AS OF RIGHT ZONING FOR UP TO 6 STOREYS!!!! This three-unit home is a rare find, FULLY RENOVATED offering exceptional income in a highly sought-after area. Each unit features its own private kitchen and separate entrance, ensuring independence and convenience for tenants. Basement and Second Floor CURRENTLY RENTED FOR IN PLACE ANNUAL RENTS OF $55,500!!! Main floor currently vacant ideal for owner occupier with income in place to let someone else pay down your mortgage or investor to GENERATE ADDITIONAL RENTAL INCOME!! Situated in a vibrant neighborhood & close to key amenities, this property is ideal for investors or homeowners seeking a profitable multi-unit dwelling!!! Don't miss out on this RARE opportunity! Seller, Listing Brokerage and Selling Brokerage does not warrant legality and retrofit status of the building. Buyer must do due diligence. property sold as is
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-07-20 | 2023-07-29 | 9 | $2,400 | $2,400 | Leased |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
50' x 121'
Fronting
West
Taxes
$4,978 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
7
Driveway
Private
Garage Type
Detached
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North York Market Statistics
North York Price Trend
1010 Caledonia Rd is a 4-bedroom 3-bathroom home listed for sale at $1,849,900, which is $106,798 (5.5%) lower than the average sold price of $1,956,698 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 4 bedroom home in North York declined by $64,381 (3.2%) compared to the previous 30 day period (September 1 - September 30) and up $83,600 (4.5%) from the same time one year ago.Inventory Change
There were 673 4-bedroom homes listed in North York over the last 30 days (October 1 - October 30), which is down 16.1% compared with the previous 30 day period (September 1 - September 30) and up 19.8% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold ($26,456) (1.4%) below asking price over the last 30 days (October 1 - October 30), which represents a $703 increase compared to the previous 30 day period (September 1 - September 30) and ($16,532) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in North York over the last 30 days (October 1 - October 30) stood at 47.3%, up from 27.8% over the previous 30 days (September 1 - September 30) and up from 38.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in North York stood at 22 days when successfully sold over the last 30 days (October 1 - October 30), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Experts
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