121 Fourth St
New Toronto, Etobicoke, M8V 2Y6
FOR SALE
$4,950,000
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8 + 4
BEDROOMS10
BATHROOMS6 + 4
KITCHENS16 + 8
ROOMSW12006798
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Property Description
Exceptional 10-unit investment property in South Etobicoke. Completely renovated in 2018, featuring new wiring, plumbing, and modern kitchens with quartz counters and stainless steel appliances. Each unit includes in-suite laundry and A/C. The basement's height is 7.6 feet, and a security system with 6 cameras provides peace of mind. A 2020 roof and 6 parking spaces complete this impressive offering. The total square footage, as per floor plans, measures an impressive 6,648 square feet. The property's location adds to its appeal, with its proximity to the waterfront, walking/cycling trails, schools, Humber College's Lakeshore Campus, and public transit (including GO Train access). The existing mortgage is available for takeover at a rate of 3.30% with a maturity date at the end of 2028.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-08-27 | 2021-09-14 | 18 | $1,595 | - | Terminated |
| 2020-04-11 | 2020-05-23 | 42 | $1,895 | - | Terminated |
Nearby Intersections
Property Features
Lake Access, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Multiplex, 3-Storey
Lot Size
50' x 118'
Fronting
West
Taxes
$17,054 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
None
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Etobicoke Market Statistics
Etobicoke Price Trend
121 Fourth St is a 8-bedroom 10-bathroom home listed for sale at $4,950,000, which is $3,421,667 (223.9%) higher than the average sold price of $1,528,333 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 8 bedroom home in Etobicoke increased by $164,833 (12.1%) compared to the previous 30 day period (December 22 - January 20) and up $340,833 (28.7%) from the same time one year ago.Inventory Change
There were 9 8-bedroom homes listed in Etobicoke over the last 30 days (January 21 - February 19), which is down 0.0% compared with the previous 30 day period (December 22 - January 20) and up 80.0% compared with the same period last year.Sold Price Above/Below Asking ($)
8-bedroom homes in Etobicoke typically sold $36,000 (2.4%) above asking price over the last 30 days (January 21 - February 19), which represents a $97,443 increase compared to the previous 30 day period (December 22 - January 20) and ($93,950) 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 8-bedroom homes in Etobicoke over the last 30 days (January 21 - February 19) stood at 33.3%, up from 22.2% over the previous 30 days (December 22 - January 20) and down from 40.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 8-bedroom 10-bathroom home in Etobicoke stood at 47 days when successfully sold over the last 30 days (January 21 - February 19), compared to 124 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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