2652 Victoria Park Ave North York near Victoria Park/Huntingwood Dr | Detached home for sale

Description

Exceptional Multi-Unit Rental Investment Opportunity In A Prime Toronto Location! Built In 2019,This Large Detached Property Offers Approx. 4,850 Sq.Ft Above Grade Plus Approx. 2,400 Sq.Ft. Basement, With A Flexible Multi-Suite Layout Designed (14 Bedrooms, 16 washrooms) For Strong Rental Income Potential. Current Layout Includes 6 Suite-Style Rooms On The Second Floor, 2 Suite-Style Rooms 2 Powder Rooms On The Main Floor, And 6 Suite-Style Bedrooms In The Basement-tremendous Upside With Approx. The Property Is Equipped With 3 Hot Water Tanks, 2 Furnaces And 2 HRVs,$100K-$150K Additional Investment Estimated To Complete The Remaining Renovations. Similar Completed Multi-Unit Rental Properties May Support A Market Value In The Approx. $2.8M-$3M Range. Potential To Explore CMHC Financing Options And Additional Garden House Opportunity In The Back Yard, Subject To Applicable Approvals. Convenient Location Close To TTC, Hwy 401/404/DVP, Shopping, Schools, Parks And Everyday Amenities. Priced To Sell! Rare Large-Scale Income Property With Huge Upside Potential. Don't Miss This Great Investment Opportunity!

Features

Facing: West
Bedrooms: 8
Bathrooms: 16
Garages:
Kitchens: 1

Details

Lot size: 53.00 x 139.50 Feet
Space: 3500-5000
Tax: $ 14325.70
C14109352
Listing contracted with: ANJIA REALTY

Room	Size(M)	Description
Kitchen	0.00x0.00	B/I Appliances, Breakfast Area
Living Rm	0.00x0.00	Carpet Free, Hardwood Floor
Dining Rm	0.00x0.00	, Hardwood Floor
Primary B	0.00x0.00	Closet, Hardwood Floor
2nd Br	0.00x0.00	Closet, Hardwood Floor
3rd Br	0.00x0.00	3 Pc Ensuite, Hardwood Floor
4th Br	0.00x0.00	Carpet Free, 3 Pc Ensuite
5th Br	0.00x0.00	3 Pc Ensuite, Carpet Free
Br	0.00x0.00	3 Pc Ensuite, Carpet Free
Br	0.00x0.00	2 Pc Ensuite, Carpet Free
Br	0.00x0.00	3 Pc Ensuite, Carpet Free
Br	0.00x0.00	3 Pc Ensuite, Carpet Free

Bathroom	Pieces	Level
2xBaths	3 pcs	Main
2xBaths	2 pcs	Main
6xBaths	3 pcs	Second
6xBaths	3 pcs	Basement

Property Summary

Located close to the intersection of Victoria Park and Huntingwood Dr, 2652 Victoria Park Ave is a 8+6 bedrooms 16 washrooms Detached. The property has many nice features including Primary Bedroom - Main and Carpet Free. Kitchen, Living Room Rm, Dinning Room Rm, Primary B and second bedroom are on the Main floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have remained relatively stable compared with the same period last year.

Rent levels have decreased 41.9% compared with the same period last year.

Need a More Precise Value?

Contact Alan Zheng for a detailed analysis using recent nearby sales and property-specific features.

Contact Alan

Recent 6-Month Rent Range

$1,700 – $2,800/month

How This Home Compares

Market Temperature

Balanced Market

Strong SellerSellerBalancedBuyerStrong Buyer

Supply and recent sales are relatively balanced for similar homes.

Typical Selling Time

17 Days

Similar homes are selling in about 17 days, broadly in line with last year.

Price Position

Need a More Precise Value?

Contact Alan Zheng for a detailed analysis using recent nearby sales and property-specific features.

Contact Alan

Local Area Profile

This property is located in an area with a high level of homeownership with a mix of detached homes and apartments and condominiums. Approximately 41% of residents hold a bachelor's degree or higher, while about 16% have a college credential. Residents use a combination of driving and public transit for commuting.

School Information

Elementary Schools
Pleasant View Middle School (Grade: 6 - 8) | School Boundary

Home school

Distance to school: 1.1 km (~19 min walk)
Brian Public School (Grade: JK - 5) | School Boundary

French Immersion school

Distance to school: 0.6 km (~10 min walk)
ST GERALD (Grade: JK - 8)

Catholic French Immersion school

Rank: 963 out of 3022 (Score: 6.9)

Distance to school: 0.2 km (~3 min walk)
ST TIMOTHY (Grade: 5 - 8)

Catholic French Immersion school

Distance to school: 2.1 km (~6 min drive)
Secondary Schools
Sir John A Macdonald Collegiate Institute (Grade: 9 - 12) | School Boundary

Home school

Rank: 141/746 (Score: 7.5) 5 year average: 188/746 (Score: 7.0)

Distance to school: 0.8 km (~15 min walk)
Mary Ward (Grade: 9-12)

Catholic School

Rank: 77/746 (Score: 8.1) 5 year average: 99/746 (Score: 7.6)

Distance to school: 4.0 km (~12 min drive)
Senator O'Connor (Grade: 9-12)

Catholic School

Distance to school: 3.3 km (~10 min drive)

Location

Community Overview

2652 Victoria Park Ave is at South East Corner of Pleasant View Community. The community of Pleasant View runs from Don Valley Parkway on the west to Finch hydro corridor in the North, Victoria Park on the east, and Sheppard Avenue on the South. East of DVP, Pleasant View is a buffer community between North York and Scarborough. Even though it is a North York community, high school students in this neighborhood will need to attend secondary schools in Scarborough. South of Finch is mixed with detached, semi-detached, and link homes. In past 3 months, 7 Detached homes were sold at average of $1.32M. The top ethnic origins in Pleasant View are Chinese, Greek, Italian, English, Indian, and Filipino. In 2652 Victoria Park Ave neighbourhood, you will find many residents are Chinese, Greek, East-Indian, Hindu, and Italian. Most residents use cars as their primary mode of transportation. Pleasant View Community Centre is another favorite destination for residents and provides an outdoor pool, an Indoor Bocce Court, and Indoor Ice Rink. Anchored by Food Basic and Winners, Victoria Park Square is located at the junction of Sheppard Avenue and Victoria Park. Pleasant View is a small community offering different housing types. Close to Seneca College's main Campus and at the intersection of two major highways present numerous opportunities for investors.