For saleMLS® W12450015

121 Fourth Street, Toronto, ON M8V 2Y6

New Toronto, Toronto · Near Lakeshore And Islington · View map

$4,495,000
8+4Beds
10Baths
5000 +Sq ft
MultiplexType
6 totalParking
ApartmentBasement
$17,054/yrTaxes
$4,495,000
FreeholdNo monthly condo fee
Parking for 6Comes with the home
Lot 50 x 118 ftThe land comes with the home

About this home

Exceptional 10-unit investment property in South Etobicoke. Completely renovated in 2018, featuring new wiring, plumbing, and modern kitchens with quartz counters and stainless steel appliances. Each unit includes in-suite laundry and A/C. The basement's height is 7.6 feet, and a security system with 6 cameras provides peace of mind. A 2020 roof and 6 parking spaces complete this impressive offering. The total square footage, as per floor plans, measures an impressive 6,648 square feet. The property's location adds to its appeal, with its proximity to the waterfront, walking/cycling trails, schools, Humber College's Lakeshore Campus, and public transit (including GO Train access). The existing mortgage is available for takeover at a rate of 3.30% with a maturity date at the end of 2028.

The home

Type
Multiplex
Style
3-Storey
Square footage
5000 + sq ft
Bedrooms
8
Basement bedrooms
4
Bathrooms
10
Kitchens
10
Rooms
16
Basement
Apartment
Lot size
50 x 118 ft
Faces
West

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Brick

Heating & cooling

Heating fuel
Gas
Heating type
Water
Air conditioning
Wall Unit(s)
Fireplace
No

Garage & parking

Driveway spaces
6
Total parking
6
Parking features
Private

Taxes & other

Property taxes
$17,054/yr
Tax year
2024
Occupancy
Tenant
Possession
TBD
Cross street
Lakeshore And Islington
Neighbourhood
New Toronto

More

MLS® number
W12450015

The home and its surroundings

  • Intercom
  • Separate Hydro Meter
  • Water Heater Owned
  • Lake Access
  • Park
  • Public Transit
Want to know something that isn’t listed?
Estimated monthly cost$19,553per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    121 Fourth Street, Toronto, ON M8V 2Y6

    New Toronto, Toronto · Near Lakeshore And Islington

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    Sold history

    Listing history for 121 Fourth Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 121 Fourth Street

    Answers come straight from this home’s MLS® listing.

    How much is 121 Fourth Street listed for, and what would it cost each month?

    121 Fourth Street is listed for $4,495,000. With 20% down ($899,000), the mortgage payment would be roughly $18,132 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $19,553 a month, all in. That figure is an illustration, not a quote.

    Is 121 Fourth Street freehold or a condo, and is there a monthly fee?

    121 Fourth Street is a multiplex in New Toronto, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 121 Fourth Street have?

    121 Fourth Street has 8 bedrooms, plus 4 more bedrooms in the basement, and 10 bathrooms. The listing gives the style as 3-storey.

    Does 121 Fourth Street have a garage and parking?

    The listing does not show a garage. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.

    Does 121 Fourth Street have a finished basement?

    The listing describes the basement as apartment. It counts 4 bedrooms on that level. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.

    What style of home is 121 Fourth Street?

    121 Fourth Street is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.

    How big is 121 Fourth Street, and what is the lot size?

    The lot is listed as 50 x 118 ft.

    How is 121 Fourth Street heated and cooled?

    Heating is water (gas). Cooling is wall unit(s).

    What are the property taxes for 121 Fourth Street?

    Property taxes are $17,054 a year (2024), or about $1,421 a month.

    Where is 121 Fourth Street?

    121 Fourth Street is in the New Toronto community of Toronto. The nearest main intersection is Lakeshore And Islington. The postal code is M8V 2Y6.

    Is 121 Fourth Street still for sale?

    Yes. It is an active listing (MLS® W12450015). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 121 Fourth Street asking?

    Similar properties for sale nearby right now include 1081 St Clair Avenue W at $4,100,000 (8+4 bed), 243 Niagara Street at $5,500,000 (8+1 bed) and 843 Logan Avenue at $3,999,900 (7 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 121 Fourth Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 121 Fourth Street?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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