18 Muskoka Ave
Long Branch, Etobicoke, M8W 1H3
FOR SALE
$1,699,000
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Property Description
Exceptional Investment Opportunity in the Heart of Etobicoke! This well-maintained, purpose-built triplex is perfect for investors looking for a reliable, income-generating property. Situated in the sought-after Long Branch community, the triplex features an impressive layout with two spacious 3-bedroom units and one 2-bedroom unit. Built with high-quality brick construction, the property has undergone several recent upgrades, including a new fence, retaining walls, and full foundation waterproofing. Solar panels installed in 2018 provide additional incomerefer to the income statement for the annual average. Conveniently located near TTC, Gardiner, 427, GO Train, and just 200 meters from Lake Ontario.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-11 | 2025-01-06 | 87 | $1,699,000 | - | Terminated |
| 2024-06-02 | 2024-08-31 | 90 | $1,699,000 | - | Expired |
| 2023-10-18 | 2024-01-15 | 89 | $1,799,000 | - | Expired |
| 2022-03-25 | 2022-04-19 | 25 | $1,998,800 | $1,930,000 | Sold |
| 2022-03-25 | 2022-04-19 | 25 | $1,998,800 | $1,930,000 | Sold |
Nearby Intersections
Lake Shore & Browns (24)
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Property Details
Street
Community
City
Property Type
Triplex, 2 1/2 Storey
Lot Size
46' x 100'
Fronting
North
Taxes
$6,960 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | 2nd | 12.17' x 13.29' | |
| Dining | 2nd | 10.07' x 13.29' | |
| Kitchen | 2nd | 12.60' x 9.09' | |
| Prim Bdrm | 2nd | 13.88' x 13.29' | |
| 2nd Br | 2nd | 17.39' x 10.07' | |
| 3rd Br | 2nd | 12.07' x 9.78' | |
| Living | 3rd | 16.34' x 13.29' | |
| Dining | 3rd | 6.99' x 13.29' | |
| Kitchen | 3rd | 12.60' x 9.97' | |
| Prim Bdrm | 3rd | 13.78' x 13.39' | |
| 2nd Br | 3rd | 17.29' x 9.97' | |
| 3rd Br | 3rd | 11.98' x 9.78' |
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Etobicoke Market Statistics
Etobicoke Price Trend
18 Muskoka Ave is a 8-bedroom 3-bathroom home listed for sale at $1,699,000, which is $170,667 (11.2%) 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 3-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 Realtris Inc.
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