1230 Avenue Rd
Lawrence Park South, North York, M5N 2G6
FOR SALE
$3,995,000
➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
8 + 4
BEDROOMS6
BATHROOMS6
KITCHENS22
ROOMSC9242163
MLSIDContact Us
Property Description
Discover an incredible investment opportunity with this impeccably maintained multiplex apartment building in the prestigious Lawrence park neigh'hood. Featuring 6 spacious 2 bdrm, 1 bathrm apartments, 5 of which are rented to reliable tenants plus one unit is currently landlord occupied. This property guarantees immediate income. The landlord's apt is extra luxe with a large jacuzzi tub-offers the option for you to live in luxury in that unit or rent it at market price. Upper floor apts have electric fireplaces. Situated in highly sought-after public school district & close to private schools. The building is within walking distance to parks, dining, shopping, steps from public transit. 3 apts have been significantly reno'd with main & upper floor units boasting ductless AC. Upper floor apts have 18 foot cathedral ceilings w/ 2 large skylights each. Additional income streams come from parking & coin operated laundry machines. Each apartment has metered hydro; lower level units pay for their heat while enjoying walk-outs. Wiring and plumbing brought up to date. Fenced yard. Income and expenses as an attachment to MLS.
Call
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-08-06 | 2021-08-24 | 18 | $2,095 | $2,095 | Leased |
Extras
4 covered parking spots, 2 outdoor parking spots, 2 laundry rooms, 3 jacuzzi tubs. 6 Fridges, 6 stoves, 4 dishwashers (upper & main flrs), ductless AC, garden shed.
Nearby Intersections
Property Features
Fenced Yard, Park, Public Transit
Call
Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
50' x 172'
Fronting
East
Taxes
$12,539 (2023)
Basement
Apartment, Fin W/O
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
Detached
Call
Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 9.84' x 16.24' | Renovated, Window, Hardwood Floor |
| Living | Main | 13.19' x 16.73' | Renovated, Hardwood Floor |
| Br | Main | 10.33' x 13.58' | |
| Br | Upper | 9.84' x 16.24' | Renovated, Window, Hardwood Floor |
| Br | Upper | 10.33' x 13.58' | Renovated, Hardwood Floor |
| Living | Upper | 13.19' x 16.73' | Renovated, Hardwood Floor |
| Br | Lower | 9.84' x 16.24' | |
| Living | Lower | 13.12' x 16.73' | |
| Br | Lower | 10.33' x 13.58' | |
| Laundry | Lower | 9.84' x 9.84' | |
| Laundry | Lower | 9.84' x 9.84' |
Call
North York Market Statistics
North York Price Trend
1230 Avenue Rd is a 8-bedroom 6-bathroom home listed for sale at $3,995,000, which is $1,792,500 (81.4%) higher than the average sold price of $2,202,500 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 8 bedroom home in North York increased by $127,500 (6.1%) compared to the previous 30 day period (October 18 - November 16) and down $195,000 (8.1%) from the same time one year ago.Inventory Change
There were 2 8-bedroom homes listed in North York over the last 30 days (November 17 - December 16), which is down 75.0% compared with the previous 30 day period (October 18 - November 16) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
8-bedroom homes in North York typically sold ($22,500) (1.0%) below asking price over the last 30 days (November 17 - December 16), which represents a $102,500 increase compared to the previous 30 day period (October 18 - November 16) and $250,500 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 8-bedroom homes in North York over the last 30 days (November 17 - December 16) stood at 100.0%, up from 12.5% over the previous 30 days (October 18 - November 16) and down from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 8-bedroom 6-bathroom home in North York stood at 72 days when successfully sold over the last 30 days (November 17 - December 16), compared to 101 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
Call