329 Vaughan Rd
Humewood-Cedarvale, Toronto, M6C 2N5
FOR SALE
$1,250,000
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4 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS10 + 3
ROOMSC11980607
MLSIDContact Us
Property Description
Rare opportunity to own a purpose-built triplex in the highly sought-after Humewood-Cedarvale neighbourhood! This turnkey, income-generating property features two spacious 2-bedroom units and one 1-bedroom unit, each with well-designed layouts, and abundant natural light. Both the main floor and upper unit boast private balconies, perfect for enjoying outdoor space, Main floor unit has exclusive access to the backyard. Enjoy ample parking with a mutual driveway, currently exclusive to the owner as they also own 327 Vaughan Rd. These properties can be purchased together or separately, offering incredible investment flexibility. Situated in a top-rated school district, including Humewood Community School and Forest Hill Collegiate, this prime investment offers strong rental demand in a family-friendly area. Steps from Cedarvale Park, St. Clair West, shops, restaurants, transit (TTC & LRT), and more, making it ideal for both investors and end-users.This is your chance to build generational wealth with a solid multi-unit property in a high-appreciation Toronto neighbourhood. Endless potential don't miss out on this rare opportunity! See Attachment for operating expenses and rent rolls. Basement Tenant will be vacating as of April 30, 2025.
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Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Lot Size
23' x 120'
Fronting
North
Taxes
$5,701 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Driveway
Mutual
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.45' x 13.42' | Window, Hardwood Floor |
| Kitchen | Main | 8.66' x 9.02' | Window, Combined W/Dining, Hardwood Floor |
| Dining | Main | 8.37' x 9.02' | Combined W/Kitchen |
| Prim Bdrm | Main | 11.81' x 9.48' | Window, Hardwood Floor, Closet |
| 2nd Br | Main | 12.34' x 9.38' | Window, Hardwood Floor, Closet |
| Living | 2nd | 11.45' x 13.42' | Hardwood Floor, Window |
| Kitchen | 2nd | 8.66' x 9.02' | Hardwood Floor, Window |
| Dining | 2nd | 8.37' x 9.02' | Hardwood Floor |
| Prim Bdrm | 2nd | 11.81' x 9.48' | Hardwood Floor, Window, Closet |
| 2nd Br | 2nd | 12.34' x 9.38' | Hardwood Floor, Window, Closet |
| Living | Bsmt | 9.32' x 12.27' | |
| Kitchen | Bsmt | 9.42' x 9.65' |
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Toronto Market Statistics
Toronto Price Trend
329 Vaughan Rd is a 4-bedroom 3-bathroom home listed for sale at $1,250,000, which is $625,711 (33.4%) lower than the average sold price of $1,875,711 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Toronto increased by $183,887 (10.9%) compared to the previous 30 day period (December 22 - January 20) and down $46,763 (2.4%) from the same time one year ago.Inventory Change
There were 466 4-bedroom homes listed in Toronto over the last 30 days (January 21 - February 19), which is up 87.9% compared with the previous 30 day period (December 22 - January 20) and up 30.9% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Toronto typically sold $7,351 (0.4%) above asking price over the last 30 days (January 21 - February 19), which represents a $37,018 increase compared to the previous 30 day period (December 22 - January 20) and ($17,969) 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 4-bedroom homes in Toronto over the last 30 days (January 21 - February 19) stood at 38.0%, down from 43.5% over the previous 30 days (December 22 - January 20) and down from 52.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Toronto stood at 24 days when successfully sold over the last 30 days (January 21 - February 19), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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