$1,039,999 - 119 Essex Street, Bloor West Village
Semi-Detached for Sale in Bloor West Village
- MLS Number
- W13158106
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 19
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Bloor West Village / Swansea
- Listing Brokerage
- ROYAL LEPAGE SUPREME REALTY
Prime Income Property With Three Vacant Units Near Ossington and Bloor. An exceptional investment opportunity awaits, in one of Toronto's most sought-after neighbourhoods, steps from Christie Pits Park. This charming, semi-detached home has been meticulously updated and configured into three separate units, offering a rare chance for immediate, high-yield returns. Property Highlights Three Updated Units, each unit has a separate entrance and is move-in ready, appealing to discerning tenants. Set Your Own Rents With all three units currently vacant, the new owner has total control to set market-value rents from day one, maximizing earning potential. Enjoy effortless commuting with a quick bus ride to the Bloor-Danforth subway line (Ossington & Christie Stations) and multiple public transportation options steps from your door. Directly adjacent to the expansive Christie Pits Park, your future tenants will have immediate access to greenspace, an outdoor pool, playgrounds, and community events. Immerse yourself in the bustling Bloorcourt and Ossington strips, renowned for their eclectic mix of top-rated restaurants, trendy cafes, boutique shops, grocery stores, and essential services. Family. Close proximity to excellent schools enhances the property's appeal to a wide range of potential renters. This property is ideal for the savvy investor seeking a turnkey rental operation or for a multi-generational family looking for independent living. Buyer and or Agent to Verify Retrofit Status/Legality of All Present Units. Description as per Geo Warehouse Duplex, Seller & Agent Do Not Warrant Legality or Status of the 3 Units.
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Estimated Payment
$4,600.27/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Bloor West Village / Swansea
Bloor West Village / Swansea is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Bloor West Village / Swansea
- •Convenient location in Bloor West Village / Swansea
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Bloor West Village / Swansea offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
119 Essex Street, Bloor West Village / Swansea
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $945/sqft, this property is priced in line with current Bloor West Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Bloor West Village are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Bloor West Village.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Bloor West Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.