Sold for:Sold Dec 3, 2024
$1,499,900

1552 Bathurst Street

Toronto (Humewood-Cedarvale), ON M5P 3H3

Multiplex SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 1552 Bathurst Street, Toronto, Humewood-Cedarvale

2024-11-04
2024-12-03
Sold
Price
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MLS#
c10409096

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1552 Bathurst Street, Toronto, Humewood-Cedarvale

4.8% cap rate! Seller wants it SOLD! 5 units! detached, with parking in the rear. 4 residential one bedroom units (currently occupied, buyer to assume existing tenants). One retail unit, currently a convenience store (Vacant early 2025). Estimated rent $100K per year. This five-unit apartment building offers a blend of investment and safe returns. It provides steady rental income, tax benefits, and the chance to enhance the property's value over time. Its an ideal entry into real estate, combining financial growth with safe, reliable income...St. Clair West and Bathurst Street combines urban energy with a strong sense of community. The area is lively and diverse, featuring a mix of restaurants, cafes, and unique shops that reflect the multicultural fabric of the city. Wychwood Barns Park offers green space and hosts a popular weekend farmers' market, while nearby Cedarvale Park provides trails, sports fields, and off-leash areas for dogs. The neighborhoods excellent public transit options make commuting downtown easy, yet it feels comfortably removed from the city's busiest areas. St. Clair West is a neighborhood that balances convenience, culture, and community charm. Financials on attachments.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$10,659
Land Transfer Tax Fee
$52,946

Basement Type
None

Interior Features

Interior Extras
Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2 1/2 Storey

Construction

Exterior Finish
Brick
Roof
Not Applicable
Foundation Details
Not Applicable
Special Designation
Unknown

Lot

Lot Front
19.00 ft
Lot Depth
129.00 ft

Inclusions

Inclusions
4 fridges and 4 stoves.

Exclusions

Exclusions
All personal property of the tenants.

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
1
Total Garage And Parking Spaces
1

Heating & Cooling

Heat Source
Gas
Heat Type
Water
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
4
Washrooms
5
Kitchens
1

Washrooms

  • 2-piece, Ground
  • 4-piece, Main
  • 4-piece, Second
  • 4-piece, Third

Municipality
Toronto
Neighbourhood
Humewood-Cedarvale
Main cross streets
Bathurst St & St Clair Ave W
Zoning
Commercial & Residential

MLS® number
C10409096
Data source
Toronto Regional Real Estate Board
Status change
2024-12-03
Listed on
2024-11-04
Days on market
29 days
Possession type
To Be Arranged
Co-op commission
2.5%
Seller
Listed by
HARVEY KALLES REAL ESTATE LTD.

Home Market Value

Current home valuation for 1552 Bathurst Street, Toronto, Humewood-Cedarvale, Toronto, ON. Listed for $1,499,900

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Estimated Sales Range

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HOMEH Estimate for 1552 Bathurst Street, Toronto, Humewood-Cedarvale

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Toronto, ON
Minimum Down Payment Required:8.3%

5% on first $500K + 10% on $999,900 over $500K

Minimum down payment

$124,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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%
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+CMHC insurance
$54,956$41,847$35,698$0
=Total mortgage
$1,428,864$1,391,757$1,310,613$1,199,920
Amortization
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=Mortgage payment
$6,976monthly$6,795monthly$6,399monthly$5,859monthly
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Land Transfer Tax

Provincial

$26,473

Municipal (Toronto)

$26,473

Total Land Transfer Tax

$52,946

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