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$7,600,000Asking Price

3 Claxton Blvd

Humewood-Cedarvale, Toronto

Multiplex
1
Bedroom
19
Baths
1
Parking
Days on Market

Opportunity To Acquire This 19-Suite, Boutique Apartment Building In The Heart of Cedarvale. This Turnkey Investment Offers 13 x 1Bedroom Suites And 6 x 1+Den Suites.10 Suites Have Undergone Extensive Renovations. Upgrades To Common Area Including Laundry Room, Carpeting And Paint In Hallways. 19 Storage Lockers, 19 Bike Storage Racks. COA Approval To Build An Additional 4 Suites In the Basement. ShortWalk To St. Clair West Subway (500m), Forest Hill Village, Hillcrest Village And Cedarvale Park. Assumable CMHC Insured 1st Mortgage For An Additional 2 Years At An Attractive Interest Rate. Clean Phase 2 ESA.

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Tour this home:

Opportunity To Acquire This 19-Suite, Boutique Apartment Building In The Heart of Cedarvale. This Turnkey Investment Offers 13 x 1Bedroom Suites And 6 x 1+Den Suites.10 Suites Have Undergone Extensive Renovations. Upgrades To Common Area Including Laundry Room, Carpeting And Paint In Hallways. 19 Storage Lockers, 19 Bike Storage Racks. COA Approval To Build An Additional 4 Suites In the Basement. ShortWalk To St. Clair West Subway (500m), Forest Hill Village, Hillcrest Village And Cedarvale Park. Assumable CMHC Insured 1st Mortgage For An Additional 2 Years At An Attractive Interest Rate. Clean Phase 2 ESA.

Key Info

  • 3-Storey Multiplex
  • 1 Parking
  • No Garage
  • Bathurst St. & Claxton Blvd.
  • Radiant Gas Heating
  • No A/C

Property

  • Taxes were $32,381 in 2023
  • Possession: 30-60 Days

Details

  • Brick Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • MLS #C8364066
  • SOURCE 4 REALTY INC.

Extras

  • Legal Description Cont'd: ...M367 YORK; TORONTO , CITY OF TORONTO
Room Floor Dimensions Details

Who lives here?

Humewood-Cedarvale, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives, business, education, law & public sector and arts & culture professionals and salespeople. It has a higher than average population of immigrants from the Philippines, and Tagalog speakers. Residents tend to be younger with a significant number of adults aged 25 to 49.

Families

Kids Per Family

1.0

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

51% of residents are
single and loving it.

51% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

65% of residents
are renters.

65% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

62% of residents are
university grads.

62% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$146K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Government 17%
Sales 15%
Business 12%
Management 8%
Culture 7%

Immigrants

34% of residents were
born outside of Canada.

34% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Philippines was once home to 9.1% of immigrants.
Caribbean 2.8%
USA 1.5%
Jamaica 1.5%
UK 1.4%

9.1% from Philippines
All-time

Birthplace - Recent

Philippines was once home to 2.7% of immigrants.
Mexico 0.3%
Other South America 0.2%
South Korea 0.2%
USA 0.1%

2.7% from Philippines
Recent

Foreign Languages

Foreign Languages

Tagalog 6%
Spanish 4%
French 2%
Italian 2%
Portuguese 2%

Religions

Religions

Christian 49%
Jewish 21%
Muslim 2%
Hindu 1%
Buddhist 1%

Social Housing

Social Housing Buildings

2

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)