140 Millicent St
Dovercourt-Wallace Emerson-Junction, Toronto, M6H 1W4
FOR SALE
$1,279,000
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3 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS8 + 4
ROOMSW9043413
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Property Description
Multiplex on Millicent Street /// Invest in this turnkey triplex just steps to The Junction. Main floor suite will be vacant at the end of September. Can be an attractive owner occupied suite with income from upper and lower units. Located on picturesque leafy west-end street. There are great neighbours and real sense of community. A short walk to cute shops and cafes. Halo Brewery, Wallace Espresso, Cafe Neon and Sugo. Excellent local parks. Bike lanes in all directions. Close to Fresh Co, Food Basics and Shoppers Drug Mart. Only an 8 minute walk to the Lansdowne TTC Subway Station and a 5 minute ride to the UP Express and Bloor GO for easy access to Pearson Airport and Union Station. /// A well run investment - this home has been converted into 3 suites, listed at triplex on MPAC. Updated mechanicals; 100 amp service with breaker panel. Forced air gas furnace. Central air conditioning. Each suite has its own ensuite laundry. Street parking permits available. /// Suite A, is a main floor, one bedrooms suite with tall ceilings. Tenanted until September 30, 2024, rented for $2,275/month + $45 internet. Suite C, is an upper level, two bedroom suite with wonderful windows, big eat-in kitchen and contemporary bathroom. $2,395/month + $45 internet. Inherit wonderful tenants who share this suite, they are month to month but would like to sign an additional year term. They are tidy, friendly and great communicators. Suite B, A lower level suite with a dedicated back entrance. $1,635/month (inc.). A reliable tenant that takes great care of the entire building. Often available to help maintain the property - an ideal tenant. /// See attached financials with operating expenses and current rent roll. Easy to tour with 24h notice. Offers Anytime.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-27 | 2024-02-12 | 16 | $2,275 | $2,275 | Leased |
Extras
Fenced backyard with 2 backyard sheds for tenant storage. Adorable vegetable garden within a fenced front yard.
Nearby Intersections
Dupont & Lansdowne (15)
Bloor & Dufferin (28)
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
21' x 72'
Fronting
North
Taxes
$5,043 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 8.37' x 16.37' | Laminate, Combined W/Dining, Open Concept |
| Kitchen | Ground | 7.51' x 16.34' | Laminate, Updated, Stainless Steel Appl |
| Br | Ground | 11.91' x 13.42' | Laminate, Large Window, B/I Closet |
| Living | 2nd | 16.77' x 17.65' | Tile Floor, Combined W/Dining |
| Dining | 2nd | 7.28' x 8.07' | Tile Floor, Large Window, O/Looks Backyard |
| Kitchen | 2nd | 9.22' x 13.55' | Tile Floor, Stainless Steel Appl, Eat-In Kitchen |
| Br | 2nd | 8.60' x 13.09' | Tile Floor, Closet |
| 2nd Br | 2nd | 8.73' x 13.09' | |
| Living | Lower | 8.14' x 12.14' | |
| Kitchen | Lower | 9.09' x 10.79' | |
| Br | Lower | 8.99' x 10.20' | |
| Den | Lower | 7.68' x 9.81' |
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Toronto Market Statistics
Toronto Price Trend
140 Millicent St is a 3-bedroom 3-bathroom home listed for sale at $1,279,000, which is $1,941 (0.2%) higher than the average sold price of $1,277,059 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in Toronto declined by $11,079 (0.9%) compared to the previous 30 day period (July 20 - August 18) and down $55,861 (4.2%) from the same time one year ago.Inventory Change
There were 935 3-bedroom homes listed in Toronto over the last 30 days (August 19 - September 17), which is up 44.5% compared with the previous 30 day period (July 20 - August 18) and up 15.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Toronto typically sold $6,433 (0.5%) above asking price over the last 30 days (August 19 - September 17), which represents a $6,730 decrease compared to the previous 30 day period (July 20 - August 18) and $37,194 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 3-bedroom homes in Toronto over the last 30 days (August 19 - September 17) stood at 42.2%, down from 58.4% over the previous 30 days (July 20 - August 18) and down from 42.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Toronto stood at 20 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Estate Homeward
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