54 Rabbit Lane
Eringate-Centennial-West Deane, Etobicoke, M9B 5S7
FOR SALE
$2,699,999
➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
8 + 3
BEDROOMS6
BATHROOMS6
KITCHENS20 + 7
ROOMSW8478584
MLSIDContact Us
Property Description
RARELY AVAILABLE LEGAL 5-PLEX IN CENTRAL ETOBICOKE LOCATION IN SOUGHT AFTER NEIGBOURHOOD. 5-2 BEDROOM APARTMENTS, 1 BACHELOR APARTMENT. INCLUDES 7 DESIGNATED OUTDOOR SURFACE PARKING SPOTS, 4 BALCONIES, DESIGNATED LOCKER LOCATED IN LAUNDRY ROOM. RECENT UPDATES: ROOF (2020), BALCONY RAILINGS (2017), WINDOWS (2005). BUILDING IS CLOSE TO AMENITIES: PUBLIC TRANSIT, HWY 427, HWY 401 & QEW. GUARANTEED RENT FOR 3 YEARS.
Call
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-05-30 | 2023-06-03 | 5 | $2,100 | $2,100 | Leased |
Nearby Intersections
Rathburn & 427 (26)
Property Features
Public Transit, School
Call
Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Lot Size
67' x 121'
Fronting
West
Taxes
$6,023 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
7
Driveway
Private
Garage Type
None
Call
Etobicoke Market Statistics
Etobicoke Price Trend
54 Rabbit Lane is a 8-bedroom 6-bathroom home listed for sale at $2,699,999, which is $624,999 (30.1%) higher 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 6-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 Re/Max Realty Enterprises Inc.
Similar Listings
Nestled in the heart of Toronto's vibrant Lakeshore Boulevard, this elegant four-apartment building offers a unique blend of classic charm and modern convenience. Perfectly situated to take advantage of the stunning lake views and the lively urban atmosphere, this property is a rare find in a sought-after location. This property is an excellent investment opportunity with its desirable location and well-maintained condition. It provides steady rental income potential and the possibility for future appreciation in one of Toronto's most sought-after neighborhoods. Each of the four apartments is generously sized, featuring open-concept living areas, large windows that flood the space with natural light, and contemporary finishes. The layouts are thoughtfully designed to provide comfort and privacy for each tenant.
Call
Welcome to 40 Cavell Ave, A 6-unit Multiplex that provides a 4.3% Cap Rate. Current actual Net Income of $124,870. 40 Cavell is located in the Mimico Area of Toronto (Etobicoke), an area experiencing an incredible amount of growth by way of several mixed use condo development projects nearby. A fantastic opportunity for investors looking to get a foothold in the area. 3 2-Bedroom apartments, 1 Extra Large 1-Bedroom apartment, & 2 1-Bedroom apartments. Modern upgrades to 4 out ofthe 6 units as well as common areas and exterior. 7 separately metered units, Coin Laundry for added income, and expansive rear parking - 8 spots. Opportunity exists to add units to existing structure. Large Tenant Green Space in front yard. Steps to Mimico Go station, QEW, Lakeshore, parks, Schools, San Remo Bakery. High return, minimal management turn-key building.
Call
Discover the potential of this outstanding 6-unit multiplex, perfectly positioned in a high-demand area that guarantees steady rental income and Incredibe value add opportunity . This well-maintained property features 5-2 bed 1 bath and 1-1 bed 1 bath units. Steps to the highly anticipated Mount Dennis Lrt. Numerous upgrades and impeccably maintained.
Call
An exceptional opportunity to acquire a centrally located apartment asset within the Toronto Beaches. Excellent location, only a short Walk To The Beaches And Woodbine Park, close To Nearby Amenities including Retail, Restaurants And Shopping. Approx. 65% Rental Upside with the possibility To Add Multiple Units. Building details: 1 1+den and 5 2-bedroom units, 4 Parking Spots, Hydro Separately Metered, Gas Boiler Heating, Individual Hot Water Tanks.
Call
First time in its life on the market! Well maintained 6-plex with all long term tenants. One apartment currently vacant. A ton of upside potential. Bus stop right outside. Building consists of 4 large 2-bedroom apartments and two cozy 1-bedroom apartments. There is surface parking for 6 cars. Hydro for all apts is separately metered. Great turnkey investment opportunity.
Call
Call