369 Main St
Woodbine-Lumsden, Scarborough, M4C 4X9
FOR SALE
$1,799,000
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5
BEDROOMS6
BATHROOMS6
KITCHENS16
ROOMSE8375556
MLSIDContact Us
Property Description
Excellent Investment Opportunity In This Six Plex With Laneway Access. Five 1Br's and One Bachelor Unit. All Tenants Pay Their Own Hydro. Radiant Heat With Owned Tankless Boiler. Existing Precedent In Place For Higher Density - Potential To Add Another Two Suites In Place Of Current Large Garage Generating Approximately $60k In Additional Annual Revenue. Excellent Location For Tenants - 5min Walk to Subway & GO Train. All Amenities.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-04-30 | 2024-05-24 | 24 | $1,849,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Lot Size
35' x 139'
Fronting
East
Taxes
$5,583 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 14.44' x 14.14' | Combined W/Dining |
Kitchen | Main | 7.74' x 10.17' | |
Br | Main | 11.68' x 10.17' |
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Scarborough Market Statistics
Scarborough Price Trend
369 Main St is a 5-bedroom 6-bathroom home listed for sale at $1,799,000, which is $851,274 (32.1%) lower than the average sold price of $2,650,274 in the last 30 days (August 28 - September 26). During the last 30 days the average sold price for a 5 bedroom home in Scarborough declined by $749,761 (22.1%) compared to the previous 30 day period (July 29 - August 27) and down $38,058 (1.4%) from the same time one year ago.Inventory Change
There were 183 5-bedroom homes listed in Scarborough over the last 30 days (August 28 - September 26), which is up 90.6% compared with the previous 30 day period (July 29 - August 27) and up 4.6% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Scarborough typically sold ($44,674) (1.7%) below asking price over the last 30 days (August 28 - September 26), which represents a $182,629 increase compared to the previous 30 day period (July 29 - August 27) and ($35,364) 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 Scarborough over the last 30 days (August 28 - September 26) stood at 28.4%, down from 32.3% over the previous 30 days (July 29 - August 27) and up from 25.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 6-bathroom home in Scarborough stood at 22 days when successfully sold over the last 30 days (August 28 - September 26), compared to 75 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Susan Gucci Realty
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A Solid Multiplex in Corso Italia. 4 One Bedrooms, One Bachelor two rooms unit in the basement. Fully rented. Rents $1900, $1860, $1450, $900, $950, $800, $600= $8460.00 plus garage and laundry income if rented. Garage could be converted to rental unit. Tank less water heater & boiler are rental. 200 Amp upgraded service. All utilities are included in rents. Long driveway to double garage. separate new coin laundry washer & dryer set for extra income
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