43 SIXTH Avenue

About this home.

The property consists of a purpose built 6 unit apartment building on a large 0.231 acre lot. Unit breakdown is four (4) 1 bed - 1 bath units and two (2) 2 bed – 1 bath units. Hydro is separately metered (at tenant's expense) with a single water and sewer. The building has been responsibly maintained with a number of recent capital expenditures including full renovation of unit 5 (2021), new boiler (2022), roof, furnace and pavement in parking lot (2018) and full reno of unit 4 (2025). The property is located in a very attractive area in terms of investment with a majority of single family detached homes in addition to smaller duplexes and triplexes. The area will appeal to Tenants with easy access to public transportation, schools and various other amenities including a regional shopping mall, the expressway (to 401), a variety of grocery stores, restaurants, drug stores, medical and dental as well as other shopping opportunities. (id:59491)

The full record.

How this listing prices against Fairview/Kingsdale.

Fairview/Kingsdale had 9 sales and 28 active listings, keeping the market somewhat buyer-friendly. The average sale price was $554,333, well below the city average, while homes sold in 28 days at 96.79 percent of list, close to city norms. This is another clear split market, with freeholds trading at much higher prices and faster speeds than condos. For buyers, the neighbourhood offers both family-home and more affordable apartment options.

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