7 Auburn Ave
Corso Italia-Davenport, Toronto, M6H 2L6
FOR SALE
$1,999,900
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6
BEDROOMS3
BATHROOMS1
KITCHENS15 + 1
ROOMSW8025394
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 (38)
Davenport & Dufferin (13)
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
$6,000 (2023)
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 $1,999,900, which is $1,738,554 (46.5%) lower than the average sold price of $3,738,454 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 6 bedroom home in Toronto increased by $410,721 (12.3%) compared to the previous 30 day period (September 21 - October 20) and up $763,954 (25.7%) from the same time one year ago.Inventory Change
There were 25 6-bedroom homes listed in Toronto over the last 30 days (October 21 - November 19), which is down 28.6% compared with the previous 30 day period (September 21 - October 20) and up 78.6% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Toronto typically sold ($136,699) (3.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $22,433 decrease compared to the previous 30 day period (September 21 - October 20) and ($111,891) 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 (October 21 - November 19) stood at 44.0%, up from 42.9% over the previous 30 days (September 21 - October 20) and down from 85.7% 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 36 days when successfully sold over the last 30 days (October 21 - November 19), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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