For Sale

36 Victoria Street, Asphodel-Norwood, Ontario K0L 2V0

$1,299,000

36 Victoria Street, Asphodel-Norwood, Ontario K0L 2V0 is For Sale and has a listing price of 1,299,000. The property is located in the neighbourhood. It's been on the website for 20 Days.

  • Investment
    Property Type
  • MLS ID: X11993786
  • Office Name CENTURY 21 INNOVATIVE REALTY INC.
Property Description

This well-maintained 6-unit multiplex building in Norwood presents a high-potential, income-generating investment opportunity. Conveniently located near amenities, schools, and public transportation, the property features a desirable unit mix of four 2-bedroom apartments and two 1-bedroom apartments, all of which are currently rented. Tenants are responsible for their own electric heating, keeping utility expenses low for the owner. The building offers practical amenities, including in-building laundry, four lockers designated for the 2-bedroom units, and in-unit storage for one of the 1-bedroom units. With surface parking available, tenants benefit from 12 dedicated parking spots. Additionally, the property holds strong investment potential, with a preliminary plan in place for possibility of constructing another residential building that would mirror the existing structure.Buyer and buyer’s agent to do their own due diligence . Situated in a developing neighborhood, this property offers long-term growth and appreciation potential, further enhancing its value as a strategic real estate investment.

Property Details
  • MLS ID: X11993786
  • Price: $1,299,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: X11993786
  • Year Built: N/A
  • Dir / Cross St: Victoria street ,Elm Street & Trans-Canada HWY
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
02/28/2025 X11993786 $1,299,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Asphodel-Norwood
  • $699,227 Average List Price
    based on 1 year
  • 1 New Listings
    based on 30 days
  • 134 Median Days on Market
    based on 1 year
  • List vs. Selling Price 120.04 % Up
  • Sold (12mo) 37
  • Rented (12mo) 4

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 54 Walk Score
    Somewhat Walkable
  • 41 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Y
  • Garage Type Outside/surface
  • Taxes: $3,888
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 28/02/2025 19:29:14
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