194 Concord Avenue, Toronto C01, ON

$1,595,000
MLS#:C8395132
5 beds
3 baths
1500-2000 sqft
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] triplex located in the coveted neighborhood of Palmerston-Little Italy. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,595,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 19.5 x 92 ft lot
  • Features a ["apartment", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: Sump Pump
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Discover the epitome of modern living in this beautifully renovated residential property in Palmerston-Little Italy. Just minutes from Bloor and Ossington, this triplex offers three self-contained units, each exuding contemporary charm. The newly renovated kitchen boasts quartz countertops and stainless-steel appliances, while the hardwood floors gleam under LED lighting. With separate entrances, spacious rooms, and access to balconies, decks, and a backyard, the property provides a perfect blend of privacy and comfort. Traditional molded ceilings and large windows enhance the aesthetic appeal. The 3pc bathrooms, newly renovated, feature oversized glass showers with tiled surrounds, adding a touch of luxury. This property is not just a home but also a smart investment, generating substantial income. Ideal for those looking to live in one unit and rent out the others, it combines functionality with financial savvy. seize this opportunity to own a contemporary haven in a prime location

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
3
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 2, 2024
Sold price information is available to members only
Listed Date6/1/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionBrick, Stucco (Plaster)
Lot Size19.5 × 92 Feet
CountyToronto
Annual Tax$6,208.65
Legal DescriptionPT LT 26-27 BLK O PL 329 CITY WEST AS IN CT675411; S/T & T/W CT675411; CITY OF TORONTO

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Public Transit

Community Features

Location

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194 Concord Avenue, Toronto C01, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Palmerston Little Italy, Toronto C01.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 194 Concord Avenue, Toronto C01, ON M6H 2P3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$1,276,000
Monthly Mortgage$7,414
Property Tax (Est.)$517
Utilities & Maint.$350
Total Monthly Cost$8,281

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto C01.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.