114 Mintwood Dr
Bayview Woods-Steeles, North York, M2M 3A8
FOR SALE
$888,888
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5 + 2
BEDROOMS3
BATHROOMS1 + 1
KITCHENS8 + 3
ROOMSC9367386
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Property Description
***TURNKEY INVESTMENT OPPORTUNITY*** Don't miss out on this Turnkey Student Rental property generating significant positive cash flow. This fully-rented, strategically located property provides a rare opportunity to step into a high-yield investment, perfect for seasoned or new investors looking to build their portfolio. ****PROPERTY FEATURES *** Upper Unit: 5 bedrooms, 2 washrooms , 1 Kitchen Lower Unit: 2 bedrooms, 1 washroom, 1 Kitchen !!!! TOTAL MONTHLY RENTAL INCOME POTENTIAL: $7,000. !!!! ~~~ Location Highlights: ~~~ Situated in a high-demand rental market, this property is easy to rent due to its unbeatable location: Walking Distance to Top Educational Institutions: Canadian Memorial Chiropractic College (CMCC), Tyndale University, Seneca College Newnham Campus TTC Accessible: Just 3-5 minutes from multiple transit options for easy commuting. TOP 3 REASONS TO INVEST IN STUDENT RENTAL: ((1)) Secure Rental Payments: Student rents and tuition are often pre-paid by parents, ensuring consistent cash flow. ((2))Annual Lease Turnover: Allows you to stay in tune with current market rental rates. ((3)) Attract the Right Tenants: Focused and studious students provide a reliable tenant base. Why Invest Here? Start or grow your real estate portfolio with the guidance of a professional investor and realtor who understands the student rental market. Learn how to strategically play "THE REAL MONOPOLY" and achieve financial freedom faster by investing in properties like this. Contact us today to receive detailed financials and start building your future with this incredible student rental investment! FREE ONLINE WEBINAR showing you how to Play The Real Monopoly and Build your portfolio to generate a minimum 30-40% Return On Investment Year Over Year with Leverage.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-08-03 | 2021-10-02 | 60 | $3,100 | - | Expired |
Nearby Intersections
Bayview & Cummer (85)
Leslie & Steeles (9)
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Property Details
Street
Community
City
Property Type
Semi-Detached, Backsplit 5
Approximate Sq.Ft.
2000-2500
Lot Size
36' x 100'
Fronting
West
Taxes
$5,625 (2024)
Basement
Finished, Sep Entrance
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.70' x 23.20' | W/O To Balcony, Hardwood Floor, Sliding Doors |
| Dining | Main | 14.70' x 23.20' | Combined W/Living, Hardwood Floor, L-Shaped Room |
| Kitchen | Main | 11.98' x 16.14' | Breakfast Area, Ceramic Floor, Double Sink |
| Prim Bdrm | 2nd | 11.65' x 12.93' | Hardwood Floor, Closet, O/Looks Backyard |
| 2nd Br | 2nd | 9.42' x 13.85' | Hardwood Floor, Closet, O/Looks Backyard |
| 3rd Br | 2nd | 8.07' x 10.27' | Hardwood Floor, Closet, Window |
| 4th Br | Lower | 11.84' x 13.81' | Hardwood Floor, W/O To Garden, Sliding Doors |
| 5th Br | Lower | 11.98' x 12.93' | Hardwood Floor, Window, O/Looks Garden |
| Kitchen | Bsmt | 14.86' x 17.91' | Laminate, Pot Lights, Above Grade Window |
| Br | Sub-Bsmt | 10.56' x 11.78' | 3 Pc Bath, Window, Closet |
| Br | Sub-Bsmt | 10.56' x 11.52' | Broadloom, Window, Closet |
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North York Market Statistics
North York Price Trend
114 Mintwood Dr is a 5-bedroom 3-bathroom home listed for sale at $888,888, which is $1,668,738 (65.2%) lower than the average sold price of $2,557,626 in the last 30 days (September 4 - October 3). During the last 30 days the average sold price for a 5 bedroom home in North York declined by $670,901 (20.8%) compared to the previous 30 day period (August 5 - September 3) and up $29,049 (1.1%) from the same time one year ago.Inventory Change
There were 209 5-bedroom homes listed in North York over the last 30 days (September 4 - October 3), which is up 137.5% compared with the previous 30 day period (August 5 - September 3) and up 6.1% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in North York typically sold ($33,023) (1.3%) below asking price over the last 30 days (September 4 - October 3), which represents a $186,276 increase compared to the previous 30 day period (August 5 - September 3) and ($20,677) 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 5-bedroom homes in North York over the last 30 days (September 4 - October 3) stood at 24.4%, down from 36.4% over the previous 30 days (August 5 - September 3) and up from 22.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in North York stood at 26 days when successfully sold over the last 30 days (September 4 - October 3), compared to 70 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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