7 Auburn Ave
Corso Italia-Davenport, Toronto, M6H 2L6
FOR SALE
$1,800,000
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6
BEDROOMS3
BATHROOMS1
KITCHENS15 + 1
ROOMSW11946344
MLSIDContact Us
Property Description
Welcome to this exceptional investment opportunity in Corso Italia, Toronto! This triplex features three fully rented 2-bedroom units, each boasting a 4-piece bathroom for maximum tenant comfort. With the added convenience of four separate hydro meters and three separate hot water tanks, managing utilities is a breeze. The property includes coin laundry facilities, enhancing its appeal for both landlord and tenants. Enjoy the convenience of a 2-car detached driveway with Laneway access, making parking a hassle-free experience. Don't miss out on this turnkey investment with a solid rental history.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-05-02 | 2022-07-05 | 64 | $1,699,000 | $1,620,000 | Sold |
Extras
Detached 2 Car Garage & Driveway Plus Laneway Access (laneway suite a possibility) Large Lot Dufferin & St Clair Location Easy Access Around Downtown Core, Shops, Dining, Transit Steps Away. AAA+ Tenants.
Nearby Intersections
St Clair & Dufferin (27)
Property Features
Library, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
33' x 120'
Acreage
< .50
Fronting
South
Taxes
$6,095 (2024)
Basement
Sep Entrance
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Rt-Of-Way
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.48' x 20.01' | Hardwood Floor, Combined W/Dining, Window |
| Dining | Main | 11.48' x 20.01' | Hardwood Floor, Combined W/Living, Window |
| Kitchen | Main | 9.02' x 14.50' | Backsplash, Eat-In Kitchen, Tile Floor |
| Prim Bdrm | Main | 10.01' x 15.03' | Closet, Hardwood Floor, Window |
| 2nd Br | Main | 10.17' x 14.80' | Window, Closet, Hardwood Floor |
| Living | 2nd | 11.48' x 20.01' | Hardwood Floor, Combined W/Dining, Window |
| Dining | 2nd | 11.48' x 20.01' | Hardwood Floor, Combined W/Living, Window |
| Kitchen | 2nd | 9.02' x 14.50' | Eat-In Kitchen, Updated, Tile Floor |
| Br | 2nd | 10.01' x 15.03' | Hardwood Floor, Window, Closet |
| 2nd Br | 2nd | 10.17' x 14.80' | Hardwood Floor, Closet, Window |
| Kitchen | Lower | 10.83' x 21.03' | Combined W/Living, Tile Floor, Laminate |
| 2nd Br | Lower | 10.01' x 14.01' | Window, Laminate, Closet |
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Toronto Market Statistics
Toronto Price Trend
7 Auburn Ave is a 6-bedroom 3-bathroom home listed for sale at $1,800,000, which is $242,500 (11.9%) lower than the average sold price of $2,042,500 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 6 bedroom home in Toronto declined by $923,500 (31.1%) compared to the previous 30 day period (November 19 - December 18) and up $58,100 (2.9%) from the same time one year ago.Inventory Change
There were 17 6-bedroom homes listed in Toronto over the last 30 days (December 19 - January 17), which is up 21.4% compared with the previous 30 day period (November 19 - December 18) and up 325.0% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Toronto typically sold ($182,500) (8.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $172,358 decrease compared to the previous 30 day period (November 19 - December 18) and ($79,180) 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 6-bedroom homes in Toronto over the last 30 days (December 19 - January 17) stood at 11.8%, down from 50.0% over the previous 30 days (November 19 - December 18) and down from 125.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in Toronto stood at 63 days when successfully sold over the last 30 days (December 19 - January 17), compared to 126 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
Similar Listings
Purpose built triplex but used as a single family. Vacant possession for rental or family use. Approximately 1264 S.F. per floor. Detached oversized brick double garage. Cement rear patio area. Private driveway parking for five cars. Updated mechanical and electrical. Carson Develop Inspection available. Generous sized suites in good condition. Two three bedroom units plus one bedroom basement. Separate laundry. Steps to TTC, Gardiner Expressway, Shopping, Sherway Gardens, San Remo bakery and more! Excellent investment opportunity or multi 'family use'.
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