314 Atlas Ave
Oakwood Village, Toronto, M6C 3P9
FOR SALE
$1,999,000
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8
BEDROOMS3
BATHROOMS3
KITCHENS13
ROOMSC8260334
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Property Description
Here is your chance to acquire a fully vacant multiplex and collect market-rents! - This owner-occupied property has been meticulously maintained and cared for. Two spacious three-bedroom units, each around 1000SF, and a two-bedroom unit on the lower level that boasts a private backyard. Every suite features a private entrance and its own central air system for maximum comfort. The double garage is prepped with all necessary rough-ins to potentially convert it into a fourth suite. Located in Oakwood Village, walking distance to Cedarvale Park, close to Eglinton West TTC and future Crosstown LRT, quick driving access to Allen Rd and 401. ***4.75% cap rate based on market-rents in the area, full financials attached or ask L.A. Offers anytime!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-09-24 | 2021-01-06 | 104 | $1,980 | $1,980 | Leased |
| 2019-05-06 | 2019-05-18 | 12 | $2,200 | $2,200 | Leased |
| 2019-04-24 | 2019-04-29 | 5 | $2,100 | $2,100 | Leased |
Extras
New Roof with 30yr warranty (2023), All electrical and plumbing (2014), Lower/Main level windows (2014), 3 furnaces (2014), 3 tankless water heaters (2014). Separate hydro & gas meters.
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Lot Size
33' x 106'
Fronting
West
Taxes
$5,803 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.30' x 15.65' | |
| Kitchen | Main | 9.68' x 11.58' | |
| Prim Bdrm | Main | 11.88' x 11.55' | |
| Br | Main | 11.88' x 11.55' | |
| Br | Main | 10.50' x 8.86' | |
| Living | Lower | 10.63' x 14.57' | |
| Kitchen | Lower | 7.81' x 13.29' | |
| Prim Bdrm | Lower | 8.14' x 10.99' | |
| Br | Lower | 8.07' x 10.99' |
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Toronto Market Statistics
Toronto Price Trend
314 Atlas Ave is a 8-bedroom 3-bathroom home listed for sale at $1,999,000, which is $14,166 (0.7%) lower than the average sold price of $2,013,166 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 8 bedroom home in Toronto declined by $134,334 (6.3%) compared to the previous 30 day period (March 4 - April 2) and down $1,481,234 (42.4%) from the same time one year ago.Inventory Change
There were 9 8-bedroom homes listed in Toronto over the last 30 days (April 3 - May 2), which is up 80.0% compared with the previous 30 day period (March 4 - April 2) and up 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
8-bedroom homes in Toronto typically sold ($82,833) (4.1%) below asking price over the last 30 days (April 3 - May 2), which represents a $82,333 decrease compared to the previous 30 day period (March 4 - April 2) and ($102,600) 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 8-bedroom homes in Toronto over the last 30 days (April 3 - May 2) stood at 33.3%, up from 20.0% over the previous 30 days (March 4 - April 2) and up from 25.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 8-bedroom 3-bathroom home in Toronto stood at 61 days when successfully sold over the last 30 days (April 3 - May 2), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Hazelton Real Estate Inc.
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