2422 Keele St
Maple Leaf, North York, M6L 2N2
FOR SALE
$3,099,000
➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
9 + 9
BEDROOMS10
BATHROOMS9 + 1
KITCHENS42
ROOMSW9245232
MLSIDContact Us
Property Description
Attention Investors! Well kept 10plex with healthy cash flows. Unit Rentals, parking, and laundry total Income $151,511; taxes, water, waste, heating, insurance, hydro total $42,707; see attached for details. 8 2bdrm apartments and 2 bachelors. Excellent growth potential! 1 unit totally reno'd and rented $2500. 2 dble garages plus 7 private parking spaces. 9521 sq ft total. Terrazzo floors in common areas. Coin laundry income in building. Duro-Last roof 2012, windows 2009, plaster 2009. Survey available.Please submit conditional offer to inspect the property. Tenants pay their own hydro.
Call
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-08 | 2024-09-14 | 39 | $3,099,000 | - | Suspended |
Extras
10 fridges, 10 stoves, HWT, separate hydro meters for each unit, breakers in each unit (tenants pay own hydro)
Nearby Intersections
Keele & Lawrence (28)
Keele & 401 (84)
Property Features
Hospital, Library, Park, Public Transit, School
Call
Property Details
Street
Community
City
Property Type
Multiplex, 3-Storey
Lot Size
68' x 139'
Lot Irregularities
68.17 x 139.06 x 66.28 x 139.06
Fronting
West
Taxes
$15,961 (2024)
Basement
None
Exterior
Stucco/Plaster
Heat Type
Water
Heat Source
Other
Air Conditioning
None
Water
Municipal
Parking Spaces
7
Driveway
Private
Garage Type
Attached
Call
North York Market Statistics
North York Price Trend
2422 Keele St is a 9-bedroom 10-bathroom home listed for sale at $3,099,000, which is $46,000 (1.5%) lower than the average sold price of $3,145,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 9 bedroom home in North York increased by $1,046,112 (49.8%) compared to the previous 30 day period (September 21 - October 20) and up $1,195,000 (61.3%) from the same time one year ago.Inventory Change
There were 7 9-bedroom homes listed in North York over the last 30 days (October 21 - November 19), which is down 22.2% compared with the previous 30 day period (September 21 - October 20) and up 75.0% compared with the same period last year.Sold Price Above/Below Asking ($)
9-bedroom homes in North York typically sold ($54,900) (1.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $3,788 decrease compared to the previous 30 day period (September 21 - October 20) and ($140,000) 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 9-bedroom homes in North York over the last 30 days (October 21 - November 19) stood at 14.3%, up from 11.1% over the previous 30 days (September 21 - October 20) and down from 25.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 9-bedroom 10-bathroom home in North York stood at 6 days when successfully sold over the last 30 days (October 21 - November 19), compared to 122 days before being removed from the market upon being suspended or terminated.Listing contracted with J.D.M. Realty Ltd
Similar Listings
Discover this incredible investment opportunity: a stunning 10-plex with 80% of the units fully professionally renovated. Located within walking distance to Humber College, this property is situated in a highly desirable area with a strong demand for rental apartments.The 10-plex is ideally positioned in a quiet neighbourhood, offering tenants a peaceful living environment while still being close to the vibrant life of the college campus. The proximity to Lake Ontario provides easy access to scenic views and outdoor activities, enhancing the appeal for prospective tenants.Each renovated unit boasts modern finishes, ensuring a comfortable and stylish living space. With high-quality materials and craftsmanship, the renovations have significantly increased the property's value and attractiveness. The remaining units offer potential for future upgrades, allowing for further value addition.Adding to the investment's appeal is the on-site coin laundry facility, providing extra income for the landlord. This convenient amenity is highly appreciated by tenants, further boosting the property's rental potential.Investors will appreciate the steady rental income potential, driven by the constant demand from students and professionals seeking convenient housing near the college. The property's location in a quiet neighbourhood with easy access to public transportation, shopping centres, and recreational facilities makes it an even more attractive option for renters.Don't miss out on this exceptional investment opportunity. Secure your future with this prime 10-plex near Humber College, where high demand and quality renovations promise a profitable venture.
Call
This building is on Eglinton ave west where a future subway stop will be located with connections to every part of the city and beyond. It is a 2 storey, 14 unit apartment building comprised of 10 residential units and 4 main floor commercial/retail spaces. Municipal addresses are 2007, 2009, 2011 and 2013 Eglinton Ave West. Lot size is 6250 square feet. The building itself has 10,000 square feet of floor space. There are solar panels on the roof and there is a lower level full height basement. The property is being sold based on land and building value only.
Call
Call