890 Castlefield Ave
Briar Hill-Belgravia, North York, M6B 1C8
FOR SALE
$1,015,000
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Property Description
Investment opportunity Triplex (month to month leases ) AND/OR move in to one of the apartments, in this desired location - minutes to TTC, Shopping ; Parks** Financial info on Schedule attached. Purchaser to assume tenants. Please allow at least 24 hrs for showings; Times as follows: Third floor: 10-1 Second floor: 10-3 Bsmnt: 9 -5
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Nearby Intersections
Eglinton & Allen (28)
Dufferin & Lawrence (110)
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
25' x 120'
Fronting
South
Taxes
$5,572 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Mutual
Garage Type
None
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North York Market Statistics
North York Price Trend
890 Castlefield Ave is a 6-bedroom 3-bathroom home listed for sale at $1,015,000, which is $634,372 (38.5%) lower than the average sold price of $1,649,372 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 6 bedroom home in North York declined by $630,628 (27.7%) compared to the previous 30 day period (December 22 - January 20) and down $683,628 (29.3%) from the same time one year ago.Inventory Change
There were 24 6-bedroom homes listed in North York over the last 30 days (January 21 - February 19), which is up 41.2% compared with the previous 30 day period (December 22 - January 20) and up 14.3% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in North York typically sold ($138,427) (8.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $81,573 increase compared to the previous 30 day period (December 22 - January 20) and ($82,500) 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 6-bedroom homes in North York over the last 30 days (January 21 - February 19) stood at 20.8%, up from 5.9% over the previous 30 days (December 22 - January 20) and down from 28.6% 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 73 days when successfully sold over the last 30 days (January 21 - February 19), compared to 94 days before being removed from the market upon being suspended or terminated.Listing contracted with Weiss Realty Ltd.
Similar Listings
Rarely available detached legal triplex with laneway access, offering exceptional investment potential. This well-maintained property has been extensively upgraded and features three spacious 2-bedroom units, each with separate hydro and gas meters. Fully leased with reliable tenants,each unit boasts dual exits for added safety and convenience. Rear parking accommodates three cars, with additional front parking available.Nestled on a tranquil cul-de-sac mere steps from public transit and the future LRT, this property includes shared coin-operated laundry facilities to maximize rental income. Explore the opportunity to add a laneway house for further value. Totaling 2,208 sq ft, with a newer roof (6 years old),this property offers stability and growth potential. VTB not available, and property sold with tenants in place.
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