18 Muskoka Ave
Long Branch, Etobicoke, M8W 1H3
FOR SALE
$1,699,000
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Property Description
Rare Investment Opportunity in the Heart of Etobicoke. This well-maintained purpose-built triplex is ideal for investors seeking a solid income-generating property. Located in the desirable community of Long Branch, this triplex has an extra-large configuration of two 3-bedroom units and one 2-bedroom unit. High-quality brick construction including recent property upgrades. Updates include a new fence, retaining walls, and comprehensive waterproofing to the foundation. Solar panels on roof generate additional income and were installed in 2018. See income statement for annual average. **Close to TTC, Gardiner, 427, GO Train and Walking 200M To Lake Ontario**
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 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 (38)
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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 $376,000 (18.1%) lower than the average sold price of $2,075,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 8 bedroom home in Etobicoke declined by $1,454,942 (41.2%) compared to the previous 30 day period (September 21 - October 20) and down $480,000 (18.8%) from the same time one year ago.Inventory Change
There were 8 8-bedroom homes listed in Etobicoke over the last 30 days (October 21 - November 19), which is down 20.0% compared with the previous 30 day period (September 21 - October 20) and up 60.0% compared with the same period last year.Sold Price Above/Below Asking ($)
8-bedroom homes in Etobicoke typically sold ($125,000) (6.0%) below asking price over the last 30 days (October 21 - November 19), which represents a $111,693 decrease compared to the previous 30 day period (September 21 - October 20) and $157,500 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 8-bedroom homes in Etobicoke over the last 30 days (October 21 - November 19) stood at 12.5%, down from 40.0% over the previous 30 days (September 21 - October 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 11 days when successfully sold over the last 30 days (October 21 - November 19), compared to 120 days before being removed from the market upon being suspended or terminated.Listing contracted with Realtris Inc.
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