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Property Description
Rare 8-Bedroom Investment Opportunity in Scarborough! Calling all investors! This high-income potential bungalow in the heart of Scarborough is the opportunity you've been waiting for. With 9 bedrooms in total 4 upstairs and 4 downstairs plus a separate entrance to the basement, this home is perfect for rental income. Location is everything, and this property delivers! Just steps from the transit, shopping, subway and all essential amenities, tenants will love the convenience, ensuring high demand and maximum returns. Properties like this don't last long! Act now and secure this incredible investment before its gone!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-07-29 | 2021-11-30 | 124 | $1,750 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 100'
Fronting
East
Taxes
$4,150 (2024)
Basement
Sep Entrance
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 4.95' x 5.74' | Laminate, Closet |
| Living | Main | 11.75' x 14.90' | Hardwood Floor, Large Window |
| Br | Main | 11.94' x 11.91' | Hardwood Floor, Closet, Large Window |
| 2nd Br | Main | 9.55' x 11.94' | Hardwood Floor, Window, Closet |
| 3rd Br | Main | 9.42' x 11.02' | Hardwood Floor, Closet, Window |
| 4th Br | Main | 8.33' x 11.88' | Hardwood Floor, Window |
| Kitchen | Main | 7.09' x 16.93' | Laminate, Combined W/Dining |
| Breakfast | Main | 7.09' x 16.93' | Laminate, Combined W/Kitchen |
| Br | Bsmt | 11.88' x 12.57' | Laminate, Large Window |
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Toronto Market Statistics
Toronto Price Trend
6 Mozart Ave is a 4-bedroom 2-bathroom home listed for sale at $1,199,999, which is $391,846 (24.6%) lower than the average sold price of $1,591,845 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Toronto declined by $294,828 (15.6%) compared to the previous 30 day period (November 19 - December 18) and down $105,045 (6.2%) from the same time one year ago.Inventory Change
There were 234 4-bedroom homes listed in Toronto over the last 30 days (December 19 - January 17), which is down 21.5% compared with the previous 30 day period (November 19 - December 18) and up 66.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Toronto typically sold ($26,023) (1.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $15,789 increase compared to the previous 30 day period (November 19 - December 18) and ($80,967) 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 (December 19 - January 17) stood at 52.6%, down from 72.1% over the previous 30 days (November 19 - December 18) and down from 62.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Toronto stood at 39 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Titans Realty Inc.
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