74 Homewood Ave
FOR SALE
$1,738,000
➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
4 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS8 + 3
ROOMSC8305988
MLSIDContact Us
Property Description
*Pictures Coming SOON* *** FINANCING AVAILABLE *** Attention INVESTORS! Introducing a unique opportunity to OWN an INCOME GENERATING PROPERTY. With a cap rate of 8% - 10% this property has been FULLY OCCUPIED for 17+ YEARS. The combination of CAPITAL APPRECIATION & CASHFLOW is and INVESTORS DREAM. Strategically located in the HEART OF DOWNTOWN with a 100 WALKING SCORE & 99 TRANSIT SCORE The possibilities with this property are ENDLESS. This property features a private backyard, potential for walk in basement access. Seller is willing to offer a Vender Take Back Mortgage at an agreed price. Inspection Report Available Upon Request
Call
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-09 | 2024-03-20 | 40 | $1,590,000 | - | Terminated |
| 2023-11-23 | 2024-01-22 | 60 | $1,690,000 | - | Terminated |
| 2023-09-07 | 2023-11-23 | 77 | $1,790,000 | - | Terminated |
| 2022-08-25 | 2022-10-20 | 56 | $1,999,000 | - | Terminated |
| 2022-08-25 | 2022-10-20 | 56 | $1,999,000 | - | Terminated |
| 2022-08-12 | 2022-08-25 | 13 | $2,195,000 | - | Terminated |
Nearby Intersections
Jarvis & Carlton (99)
Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec Centre, School
Call
Property Details
Street
Community
City
Property Type
Multiplex, 2 1/2 Storey
Lot Size
17' x 96'
Fronting
East
Taxes
$6,288 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Baseboard
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Driveway
None
Garage Type
None
Call
Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 19.00' x 10.60' | |
| Family | Main | 13.58' x 14.99' | |
| Kitchen | Main | 11.15' x 10.99' | |
| Br | 3rd | 14.34' x 14.99' | |
| 2nd Br | 3rd | 15.09' x 11.58' | |
| 3rd Br | 2nd | 18.01' x 9.58' | |
| 4th Br | 2nd | 14.34' x 14.99' | |
| 5th Br | Main | 10.24' x 10.43' | |
| Br | Bsmt | 13.32' x 13.25' | |
| Br | Bsmt | 10.24' x 10.43' |
Call
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
74 Homewood Ave is a 4-bedroom 2-bathroom home listed for sale at $1,738,000, which is $118,086 (6.4%) lower than the average sold price of $1,856,086 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 4 bedroom home in Downtown Toronto declined by $111,496 (5.7%) compared to the previous 30 day period (September 23 - October 22) and down $100,722 (5.1%) from the same time one year ago.Inventory Change
There were 526 4-bedroom homes listed in Downtown Toronto over the last 30 days (October 23 - November 21), which is down 21.6% compared with the previous 30 day period (September 23 - October 22) and up 9.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Downtown Toronto typically sold ($34,194) (1.8%) below asking price over the last 30 days (October 23 - November 21), which represents a $6,080 decrease compared to the previous 30 day period (September 23 - October 22) and ($60,508) 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 Downtown Toronto over the last 30 days (October 23 - November 21) stood at 54.8%, up from 46.3% over the previous 30 days (September 23 - October 22) and up from 48.8% 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 Downtown Toronto stood at 23 days when successfully sold over the last 30 days (October 23 - November 21), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Percy Fulton Ltd.
Similar Listings
Great opportunity here!!! Solid brick semi on an amazing street in this high demand Prime Beaches neighbourhood! Steps to Queen street with stores, public transit, coffee shops, parks and of course the Toronto Beach! 2 car garage. Purpose built rental property! Two, 2 bedroom apartments and a finished basement! Wonderful AAA tenants! Ideal for investment clients or a multi generational home. This property has been well maintained and updated by the same owner for 27 years. Roof was redone in 2023. Furnace and Air conditioning units are around 4 years old.
Call
Call