12 Ashland Ave
Woodbine Corridor, Toronto, M4L 1K1
FOR SALE
$2,500,000
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5 + 2
BEDROOMS5
BATHROOMS4 + 1
KITCHENS13 + 4
ROOMSE9390572
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Property Description
Investors, Here it is ,12 Ashland. One of the best investment properties in the beach area. This income property is a legal 4-plex with a coach house apartment for extra income. Current owner has done hundreds of thousands of dollars of improvements over the years of ownership. This property is turn key ready to go. It is fully tenanted and has positive cash flow every month. Looking to get into the housing market? . 4 apartments in the main house. Basement fully renovated 2 bdr apartment, Main floor fully renovated 2 bdr apartment, Second floor fully renovated 1 bdr apartment, Third floor 1 bdr apartment, Coach house fully renovated 1 bdr apartment with wood burning fireplace. There are two garage parking spaces in the back and a third garage/storage bay. Parking for an additional car or scooters behind the house. Beautiful wrap around porch on the main level. Two huge sundecks on the second level. one small deck on the third level. One small landing on the coach house and and beautiful front lawn give all apartments some outdoor space. Located steps from transit, Woodbine Park & beach, Queen street shops and restaurants, and all the summertime concerts and festivals ,makes this property highly sought after and a breeze to keep fully tenanted. Current owner is now looking to retire which is the only reason this great opportunity has come on the market.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-06-03 | 2021-06-09 | 6 | $2,100 | $2,100 | Leased |
Extras
Heat pumps in Coach house, basement, main floor, second floor apartments. All units separately metered except for basement. Each unit has its own hot water tank. Main floor and second floor have gas fireplaces. Coin laundry in basement.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
30' x 110'
Fronting
North
Taxes
$7,110 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Driveway
Mutual
Garage Type
Detached
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Toronto Market Statistics
Toronto Price Trend
12 Ashland Ave is a 5-bedroom 5-bathroom home listed for sale at $2,500,000, which is $535,135 (17.6%) lower than the average sold price of $3,035,135 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 5 bedroom home in Toronto increased by $391,130 (14.8%) compared to the previous 30 day period (September 1 - September 30) and up $347,518 (12.9%) from the same time one year ago.Inventory Change
There were 150 5-bedroom homes listed in Toronto over the last 30 days (October 1 - October 30), which is down 18.9% compared with the previous 30 day period (September 1 - September 30) and up 13.6% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold ($92,898) (3.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $51,959 decrease compared to the previous 30 day period (September 1 - September 30) and ($122,891) 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 5-bedroom homes in Toronto over the last 30 days (October 1 - October 30) stood at 41.3%, up from 27.6% over the previous 30 days (September 1 - September 30) and up from 35.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Toronto stood at 26 days when successfully sold over the last 30 days (October 1 - October 30), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Estate Homeward
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