104 Neptune Dr
Englemount-Lawrence, North York, M6A 1X4
FOR SALE
$1,575,000
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6
BEDROOMS3
BATHROOMS3
KITCHENS14
ROOMSC9263463
MLSIDContact Us
Property Description
GREAT RESIDENTIAL TRIPLEX! OVER 7% CAP RATE POTENTIAL. PERFECT FOR INVESTORS OR MULTI-GENERATIONAL LIVING. UPDATED/RENOVATED THROUGHOUT. EACH OF THE THREE UNITS IS A VERY SPACIOUS, SELF-CONTAINED 2-BEDROOM, 4 PC BATH WITH FULL KITCHEN APARTMENT. 2 NEW KITCHENS (UNIT #2 & UNIT#3). UNIT #1 KITCHEN WAS RENOVATED PREVIOUSLY AS WELL. FLOORING IS A COMBINATION OF HARDWOOD FLOORING, ENGINEERED HARDWOOD FLOORING AND VINYL WATERPROOF PLANK FLOORING. BATHROOMS HAVE ALL BEEN UPDATED. UPDATED WINDOWS. WATERPROOFING WAS DONE NOT LONG AGO ALONG THE BUILDING FRONT WALL. PORCH RAILING IS ALSO AN UPDATE, AS WELL AS, THE FRONT ENTRY PORCH ITSELF. SAFETY SENSOR LIGHTS ON THE COMMON STAIRWAYS/LANDINGS. TWO OVERSIZED SINGLE GARAGES AT THE REAR OF THE BUILDING. OUTDOOR REAR STORAGE SHED. ON SITE LAUNDRY ROOM WITH COIN OPERATED MACHINES FOR TENANTS CONVENIENCE ALSO ADD TO YOUR REVENUE STREAM. NEW RENTAL HIGH EFFICIENCY BOILER SYSTEM. SMOKE DETECTORS. MAIL IS DELIVERED INDEPENDENTLY TO EACH MAILBOX. ALL 3 UNITS ARE SEPARATELY METERED! IMPECCABLY KEPT AND FRESHLY PAINTED! DEDICATED PARKING FOR EACH UNIT PLUS GUEST PARKING AVAILABLE. CLOSE PROXIMITY TO ALL AMENITIES. QUICK ACCESS TO SUBWAY/PUBLIC TRANSPORTATION AND HIGHWAY. DON'T MISS THIS OPPORTUNITY TO INVEST IN A PROPERTY WITH CONSISTENT RENTAL DEMAND AND AN EXCELLENT LOCATION. IDEAL FOR TURNKEY INVESTORS OR END-USERS. SELLER IS MOTIVATED TO SELL. A RARELY AVAILABLE RESIDENTIAL MULTIPLEX. RESIDENTIAL FINANCING IS AN ADDED VALUE. A WONDERFUL CHANCE TO START OR EXPAND YOUR INVESTMENT PORTFOLIO. THE PROPERTY IS IN STELLAR CONDITION AND TRULY A REMARKABLE OPPORTUNITY FOR BUYERS.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-05-25 | 2023-05-31 | 6 | $2,300 | $2,375 | Leased |
| 2023-04-05 | 2023-05-24 | 49 | $2,375 | - | Terminated |
| 2019-05-15 | 2019-06-14 | 30 | $1,700 | - | Terminated |
Extras
KITCHENS INCLUDE CAESAR STONE COUNTERS, DOUBLE SINKS, NEWER APPLIANCES, LARGE BEDROOMS, LARGE LIVING & DINING ROOMS, PLENTY OF PARKING ON SITE.
Nearby Intersections
Bathurst & Lawrence (87)
Bathurst & Wilson (27)
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
26' x 141'
Fronting
North
Taxes
$4,144 (2023)
Basement
Full
Exterior
Brick
Heat Type
Radiant
Heat Source
Other
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
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North York Market Statistics
North York Price Trend
104 Neptune Dr is a 6-bedroom 3-bathroom home listed for sale at $1,575,000, which is $467,500 (22.9%) lower than the average sold price of $2,042,500 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 6 bedroom home in North York declined by $923,500 (31.1%) compared to the previous 30 day period (November 19 - December 18) and up $58,100 (2.9%) from the same time one year ago.Inventory Change
There were 17 6-bedroom homes listed in North York over the last 30 days (December 19 - January 17), which is up 21.4% compared with the previous 30 day period (November 19 - December 18) and up 325.0% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in North York typically sold ($182,500) (8.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $172,358 decrease compared to the previous 30 day period (November 19 - December 18) and ($79,180) 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 6-bedroom homes in North York over the last 30 days (December 19 - January 17) stood at 11.8%, down from 50.0% over the previous 30 days (November 19 - December 18) and down from 125.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in North York stood at 63 days when successfully sold over the last 30 days (December 19 - January 17), compared to 126 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Terrequity Realty
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