199 Islington Ave
New Toronto, Etobicoke, M8V 3B8
FOR SALE
$1,449,000
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8
BEDROOMS5
BATHROOMS5
KITCHENS15 + 1
ROOMSW9295053
MLSIDContact Us
Property Description
Excellent Turnkey Investment Opportunity, Fully Tenanted! Detached Fourplex, Lot Size 30 X 118 Ft. 5 Self-Contained Apartments:1-Deluxe 3 Bedroom, 1-2 Bedroom, 2-1 Bedroom, 1-Bachelor. Currently Providing $100,440/Year Rent. Zoned as: Residential property with Four self-contained units. Located Near Islington and Lake Shore. Excellent South Etobicoke Location: Close to bus stops, transit, highways, Humber College, and shopping.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-05-10 | 2022-06-09 | 30 | $1,780 | $1,780 | Leased |
| 2021-01-01 | 2021-01-28 | 27 | $1,500 | $1,500 | Leased |
| 2020-10-14 | 2020-12-31 | 78 | $1,500 | - | Expired |
Extras
Please check previous lease listings for more details of each unit. The attached scratched Floor plan shows the layout but is not accurate.
Nearby Intersections
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Fourplex, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
30' x 118'
Fronting
East
Taxes
$6,143 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 14.30' x 18.04' | Hardwood Floor, Window, Open Concept |
| Dining | Main | 14.30' x 30.91' | Combined W/Living, Window, Open Concept |
| Family | Main | 9.97' x 11.45' | Hardwood Floor |
| Prim Bdrm | Main | 10.27' x 12.07' | Hardwood Floor, Closet, Window |
| 2nd Br | Main | 9.61' x 13.78' | Hardwood Floor, Closet, Window |
| 3rd Br | Main | 9.61' x 15.09' | Hardwood Floor |
| Laundry | Main | 10.04' x 11.32' | Separate Rm, Window |
| Living | 2nd | 10.01' x 14.93' | Laminate, Window, Open Concept |
| Kitchen | 2nd | 10.30' x 12.60' | Eat-In Kitchen, Ceramic Floor, Window |
| 4th Br | 2nd | 9.35' x 10.07' | Laminate, Closet, Window |
| 5th Br | 2nd | 9.48' x 9.55' | Laminate, Closet, Window |
| Den | 2nd | 3.28' x 3.94' | Laminate, Window |
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Etobicoke Market Statistics
Etobicoke Price Trend
199 Islington Ave is a 8-bedroom 5-bathroom home listed for sale at $1,449,000, which is $626,000 (30.2%) 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 5-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 Royal Lepage Connect Realty
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