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Property Description
Attention!! Attention!! INVESTORS AND END USERS! Well maintained and ready to move in home on a quiet street with walking distance to Mimico Go station and Humber Bay waterfront! This house has been converted into 2-units. Easily convertible back to single family, or leave as-is to generate considerable airbnb income to offset your mortgage payments!! 1br (Living room could be the 2nd br) suite on the main level. Separate upper unit with two bedrooms, private kitchen, full bathroom and laundry. Don't Miss Out! Potential Airbnb income from Day 1 - 6.0%+ Cap Rate with 5 Star rankings for 2 apts could be possibly transferred to the new owners subject to Airbnb regulations. Tastefully fully furnished and renovated. $$$ spent on updating the washrooms and the house. Waterproofing done in basement with 20+ year warranty. Walking distance to commercial and retail services and amenities, walking, trails and transit to downtown. Located in an excellent school district. Optional VTB available.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-07-21 | 2022-08-08 | 18 | $2,500 | - | Terminated |
| 2022-07-21 | 2022-08-01 | 11 | $2,500 | - | Suspended |
Extras
All new existing appliances (2 fridges, 2 stoves, 2 dishwashers, 2 sets of washer and dryer), all ELFs, all window coverings, All existing furniture to save you $$$ on furnishing costs.
Nearby Intersections
Lake Shore & Park Lawn (259)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
25' x 122'
Fronting
West
Taxes
$4,058 (2023)
Basement
Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Front Yard
Garage Type
None
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Etobicoke Market Statistics
Etobicoke Price Trend
76 Burlington St is a 3-bedroom 2-bathroom home listed for sale at $1,299,900, which is $83,190 (6.0%) lower than the average sold price of $1,383,090 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 3 bedroom home in Etobicoke increased by $31,970 (2.4%) compared to the previous 30 day period (February 27 - March 27) and down $11,968 (0.9%) from the same time one year ago.Inventory Change
There were 992 3-bedroom homes listed in Etobicoke over the last 30 days (March 28 - April 26), which is up 18.7% compared with the previous 30 day period (February 27 - March 27) and up 26.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Etobicoke typically sold $74,494 (5.4%) above asking price over the last 30 days (March 28 - April 26), which represents a $4,912 decrease compared to the previous 30 day period (February 27 - March 27) and $82,451 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 3-bedroom homes in Etobicoke over the last 30 days (March 28 - April 26) stood at 65.1%, down from 70.0% over the previous 30 days (February 27 - March 27) and down from 74.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Etobicoke stood at 12 days when successfully sold over the last 30 days (March 28 - April 26), compared to 35 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Landmark Realty Inc.
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