12 Scarlett Road, Toronto

$ 1.480.000

11 Photos

12 Scarlett Road, Toronto, ON M6N4K1 Photo 2

12 Scarlett Road, Toronto, ON M6N4K1 Photo 3

12 Scarlett Road, Toronto, ON M6N4K1 Photo 4

12 Scarlett Road, Toronto, ON M6N4K1 Photo 5

12 Scarlett Road, Toronto, ON M6N4K1 Photo 6

12 Scarlett Road, Toronto, ON M6N4K1 Photo 7

Bathrooms: 4
Living area: 3000 square feet
MLS®: w8145642

Type: Residential
Added: 113 days ago

Property Details

Excellent Mixed Use Investment Opportunity With Good Street Exposure And Corner Lot, Rare, Highly Desirable, Self Managed Well Maintained And Efficient Public Transit Access. The Building Is Fully Leased And Newly Renovated Turnkey Investment. Property Has 1 Commercial Store On The Ground Floor (Leased To A Tailor) And 3 Apartments (1bdrm On Ground Floor, 3 Bdrm On Second Floor, 2 Bdrm In Basement). Excellent Access To Dundas Street, Jane Street, St. Clair Avenue West, And Shopping Areas. Gross Rental. Income Is Approx. $93,600 Per Year. Reality Taxes $5,497.07 (2023). Tenants Pay For Utilities, Units Have Separate Hydro Meters. Parking Is Available 5 Spaces.

Best Mortgage Rates

Property Information

Sewer: Sanitary sewer
Heating: Radiant heat, Natural gas
List AOR: Toronto
Stories: 3
Basement: Apartment in basement, Separate entrance, N/A
Photos Count: 11
Water Source: Municipal water
Parking Total: 5
Structure Type: House
Common Interest: Freehold
Tax Annual Amount: 5497.07
Exterior Features: Stucco, Aluminum siding
Lot Size Dimensions: 31.7 x 78.66 FT
Extras: Carefree And Low Maintenance Mixed Use Commercial/Residential Investment Property. Prices Includes All Appliances, 1 Gas Meter & 3 Hydro Separated Meters, Electrical, 3 Fridges, 3 Stoves, 2 Washer And Dryer. (id:1945)

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Nearby Places

Name	Type	Address	Distance
Lambton House	It is the last remaining building from the former ...		0.5 km
Lambton Mills	The settlement was on both sides of the Humber Riv...		0.7 km
Lambton Golf and Country Club	The Club is located at 100 Scarlett Road, Toronto,...		0.7 km
CPR Lambton Yard	The two were the main freight marshalling yard com...		0.9 km
Runnymede Collegiate Institute	The school first opened in 1927 and is operated by...		0.9 km
Black Creek (Toronto)	It flows from the city of Vaughan in Regional Muni...		1.0 km
James Gardens	It was the estate of Mr...		1.2 km
Lambton, Toronto	It is bounded on the north by Black Creek, on the ...		1.2 km
Baby Point	It was part of the former City of York before the ...		1.2 km
James Gardens	Park	61 Edgehill Rd	1.3 km
Humber Valley Village	It is within the former City of Etobicoke and is a...		1.3 km
Rockcliffe–Smythe	It was part of the former City of York before the ...		1.3 km

Similar Houses Stat in Toronto

We have found 6 Houses that closely match the specifications of the property located at 12 Scarlett Road with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 899,999 and 1,788,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the M6N4K1 postal code area of Toronto Ontario Canada.

12 Scarlett Road mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 12 Scarlett Road. The current price of the property is $1,480,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,184,000. This would result in a monthly mortgage payment of $6,921 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	30
University / Above bachelor level	10
University / Below bachelor level	10
Certificate of Qualification	10
College	55
University degree at bachelor level or above	40

Neighbourhood Marital Status Stat

Married	195
Widowed	30
Divorced	25
Separated	10
Never married	120
Living common law	35
Married or living common law	235
Not married and not living common law	185

Neighbourhood Construction Date

1961 to 1980	35
2001 to 2005	10
1960 or before	120

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