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Property Description
Long branch meets Alderwood! This rare find is a detached 3-unit duplex with a 2-car garage and a spacious driveway on a 48 x 120 lot. Contains 2 laundry rooms. With potential rental income of over $9000, this property is ideal for large families or savvy investors. Featuring three kitchens and room for three cars side by side on the driveway, convenience is key. Just a 15-minute drive from downtown. Whether you're seeking a multi-generational sanctuary or lucrative investment opportunity, this property offers both comfort and potential. Don't miss out on making this remarkable house your home! Close to Shrwy Gardens, Mary Curtis Park, Schools, Golf Courses, and More! Not too close to the Go Station for peace and quiet, yet conveniently close enough for a leisurely stroll.
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Extras
This house has 1 unit with 3 bedrooms and 2 washrooms and 1 unit with 1bedroom and 1 bath, and 1 full studio with a bath. DON'T MISS OUT ON THIS AMAZING OPPORTUNITY!
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Property Details
Street
Community
City
Property Type
Detached, Backsplit 4
Approximate Sq.Ft.
2000-2500
Lot Size
48' x 120'
Fronting
South
Taxes
$10,400 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Available
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Upper | 10.24' x 9.51' | |
| 2nd Br | Upper | 11.75' x 13.32' | |
| Prim Bdrm | Upper | 11.65' x 14.83' | |
| Kitchen | Main | 11.71' x 15.72' | |
| Living | Main | 16.99' x 16.77' | |
| 4th Br | Lower | 10.66' x 9.71' | |
| Kitchen | Lower | 12.99' x 8.99' | |
| Family | Lower | 13.12' x 28.54' | |
| Br | Bsmt | 11.25' x 9.91' | |
| Family | Bsmt | 14.99' x 9.91' | |
| Kitchen | Bsmt | 6.40' x 14.99' |
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Etobicoke Market Statistics
Etobicoke Price Trend
8 Alcan Ave is a 4-bedroom 4-bathroom home listed for sale at $1,799,999, which is $370,192 (17.1%) lower than the average sold price of $2,170,191 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in Etobicoke increased by $166,617 (8.3%) compared to the previous 30 day period (March 15 - April 13) and up $60,530 (2.9%) from the same time one year ago.Inventory Change
There were 734 4-bedroom homes listed in Etobicoke over the last 30 days (April 14 - May 13), which is up 63.5% compared with the previous 30 day period (March 15 - April 13) and up 23.4% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Etobicoke typically sold $14,231 (0.7%) above asking price over the last 30 days (April 14 - May 13), which represents a $6,380 decrease compared to the previous 30 day period (March 15 - April 13) and $64,276 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 4-bedroom homes in Etobicoke over the last 30 days (April 14 - May 13) stood at 38.3%, down from 60.8% over the previous 30 days (March 15 - April 13) and down from 64.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Etobicoke stood at 16 days when successfully sold over the last 30 days (April 14 - May 13), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Response Realty Inc.
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