1436 Avenue Rd
Lawrence Park South, North York, M5N 2H2
FOR SALE
$4,795,000
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9
BEDROOMS5
BATHROOMS5
KITCHENS18
ROOMSC8236580
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Property Description
Rare opportunity to purchase a fully renovated, turnkey investment property in Lytton Park. Each building has undergone an extensive renovation to common spaces, and the 5 units along with exterior upgrades. Each building consists of four 2 bedroom, 1 bathroom units approx. 900 sqft and One 1Bedroom unit approx. 625 sqft.4 garage parking spots are included. Zoning: RD(f9;a275*1463), R(f15;d0.6*761), RM(f21;a925;d0.85) Across from Havergal College private school, walking distance to top schools- John Ross, Glenview and Lawrence HS. TTC bus outside, Lawrence TTC Subway 10 min walk. No Sign on property, do not go direct.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-13 | 2023-10-24 | 12 | $2,195 | $2,195 | Leased |
Extras
Lytton Heights where prime location and contemporary elegance meet! Newly-renovated suites boast sleek appliances, modern amenities and elegant finishes. All units have laundry, a balcony, air conditioning.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Lot Size
52' x 84'
Fronting
West
Taxes
$9,488 (2023)
Basement
None
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Driveway
Mutual
Garage Type
Attached
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North York Market Statistics
North York Price Trend
1436 Avenue Rd is a 9-bedroom 5-bathroom home listed for sale at $4,795,000, which is $1,954,540 (68.8%) higher than the average sold price of $2,840,460 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 9 bedroom home in North York increased by $240,460 (9.2%) compared to the previous 30 day period (February 29 - March 29) and up $240,460 (9.2%) from the same time one year ago.Inventory Change
There were 13 9-bedroom homes listed in North York over the last 30 days (March 30 - April 28), which is up 160.0% compared with the previous 30 day period (February 29 - March 29) and up 550.0% compared with the same period last year.Sold Price Above/Below Asking ($)
9-bedroom homes in North York typically sold ($154,540) (5.4%) below asking price over the last 30 days (March 30 - April 28), which represents a $59,540 decrease compared to the previous 30 day period (February 29 - March 29) and ($250,000) more 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 9-bedroom homes in North York over the last 30 days (March 30 - April 28) stood at 7.7%, down from 20.0% over the previous 30 days (February 29 - March 29) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 9-bedroom 5-bathroom home in North York stood at 28 days when successfully sold over the last 30 days (March 30 - April 28), compared to 99 days before being removed from the market upon being suspended or terminated.Listing contracted with Chestnut Park Real Estate Limited
Similar Listings
Rare opportunity to purchase a fully renovated, turnkey investment property in Lytton Park. Each building has undergone an extensive renovation to common spaces, and the 5 units along with exterior upgrades. Each building consists of four 2 bedroom, 1 bathroom units approx. 900 sq ft and one 1 bedroom unit approx. 625 sq ft. 4 garage parking spots included. Zoning: RM (f21;a925;d0.85) Across from Havergal College private school, walking distance to top schools- John Ross, Glenview and Lawrence HS. TTC bus outside, Lawrence TTC Subway 10 min walk. No Sign on property, do not go direct.
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Great investment opportunity. Four 2-bedroom apartments & two 1-bedroom apartments. 2 bed 950 sq ft each, 1 bed 700 sq ft. 10 parking spaces and 6 storage lockers. New roof and furnace, radiant heating throughout. Separate coin laundry on lower level (washer and dryer) produces $700-$1400 per month.
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