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Overview
Set in a tranquil cul-de-sac, this well-maintained house at 18 Nelmes Close offers a superb option for first home buyers and investors seeking a manageable and low-maintenance property in Toronto.
The residence occupies a flat, approximately 445 square meter block, boasting a level backyard that provides an excellent outdoor area suitable for families with children, pet owners, or those desiring to add structures like a shed or create an entertaining zone.
Inside, the home presents a bright, open plan living and dining area that emphasizes practical everyday living, offering a warm and inviting environment.
The three comfortable bedrooms and functional bathroom form the core of the home's accommodation, complemented by parking provisions including a garage space plus an off-street car park for a total of two vehicles.
Investors will appreciate the current tenancy arrangement, with a reliable long-term tenant in place paying $530 per week on a periodic lease, delivering stable income from the outset.
Overall, this property combines convenience, comfort, and investment potential in one package, appealing to those stepping into the property market or expanding their portfolio.
Local Market Insights
In Toronto, Quiet Listings observed 32 new houses entering the market over the last 30 days, up from 18 during the previous 30-day period, with an average advertised asking price of $1,211,781. The property type mix of listed properties is predominantly Houses at 89%, followed by land (3%), and villas (3%). LJ Hooker was the most active agency in this area, representing 48.6% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Toronto NSW 2283