262 Poyntz Ave
Lansing-Westgate, North York, M2N 1J7
FOR SALE
$1,899,000
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4 + 2
BEDROOMS4
BATHROOMS3
KITCHENS8 + 2
ROOMSC8293276
MLSIDContact Us
Property Description
Att'n Investors, Developers, Builders! Turn-key investment property with 3 units all with separate entrances and long-term tenants. Prime, well maintained property with immediate income! Earn income now-develop/build your dream home when ready. Located amongst multi-million dollar properties! Main floor unit: 2 bedroom, 2 bath-1x4pcs & 1x2pcs. Same tenant since May 2022. Rent: $2613.75. 2nd floor unit: 2 bedroom, 1 bath-1x4pcs. Same tenant since Feb 2022. Rent: $1568.25. Basement unit: 2 bedroom, 1 bath-1x4pcs. Same tenant since August 2021. Rent: $1244.76. Total rental income: $65,121.12. All rents subject to yearly government increases. Yearly Expenses: Enbridge, Hydro, Water: $6900. Amazing Location! Just Steps Away From Subway, Ttc, 401 And All Amenities, Restaurants and Shops that Yonge & Sheppard Offers. Excellent schools: Cameron PS, Willowdale MS, Northview Heights SS. What are you waiting for!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-05-13 | 2021-07-22 | 71 | $1,200 | $1,200 | Leased |
Extras
Main Floor: Ss Fridge, Ss Oven With Microwave & Hood Fan, Dishwasher, Shared Laundry. 2nd Floor: Mini Fridge, Hot Plate With Hood Fan. Basement: Fridge, Oven With Hood Fan, Microwave. Shared Laundry in basement: Washer & Dryer
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
45' x 110'
Fronting
North
Taxes
$6,963 (2024)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.14' x 12.83' | Hardwood Floor, Picture Window, Open Concept |
| Kitchen | Main | 9.65' x 10.50' | Ceramic Floor, Granite Counter, Stainless Steel Appl |
| Prim Bdrm | Main | 11.15' x 17.06' | Hardwood Floor, 4 Pc Ensuite, O/Looks Backyard |
| 2nd Br | Main | 9.74' x 11.15' | Hardwood Floor, Picture Window |
| Kitchen | 2nd | 6.33' x 6.82' | Ceramic Floor |
| Prim Bdrm | 2nd | 11.25' x 17.42' | Laminate, 4 Pc Ensuite, W/I Closet |
| 2nd Br | 2nd | 11.09' x 11.25' | Laminate, Window, Closet |
| Kitchen | Bsmt | 8.33' x 10.96' | Laminate, Window, Double Closet |
| Prim Bdrm | Bsmt | 10.01' x 12.50' | Laminate, Window, Double Closet |
| 2nd Br | Bsmt | 8.33' x 11.32' | Laminate, Window |
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North York Market Statistics
North York Price Trend
262 Poyntz Ave is a 4-bedroom 4-bathroom home listed for sale at $1,899,000, which is $180,723 (8.7%) lower than the average sold price of $2,079,723 in the last 30 days (June 4 - July 3). During the last 30 days the average sold price for a 4 bedroom home in North York declined by $98,307 (4.5%) compared to the previous 30 day period (May 5 - June 3) and up $97,705 (4.9%) from the same time one year ago.Inventory Change
There were 687 4-bedroom homes listed in North York over the last 30 days (June 4 - July 3), which is up 3.9% compared with the previous 30 day period (May 5 - June 3) and up 21.2% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold ($4,137) (0.2%) below asking price over the last 30 days (June 4 - July 3), which represents a $26,076 decrease compared to the previous 30 day period (May 5 - June 3) and $41,050 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 (June 4 - July 3) stood at 38.9%, down from 48.3% over the previous 30 days (May 5 - June 3) and down from 69.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in North York stood at 17 days when successfully sold over the last 30 days (June 4 - July 3), compared to 40 days before being removed from the market upon being suspended or terminated.Listing contracted with Slavens & Associates Real Estate Inc.
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