10 Ivy Ave
South Riverdale, Toronto, M4L 2H7
FOR SALE
$2,599,000
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7
BEDROOMS7
BATHROOMS7
KITCHENS35
ROOMSE9344291
MLSIDContact Us
Property Description
Large 7 unit building is located in trendy Leslieville. Apartments consisting of 1 x 1 Bed, 5 x 2 Bed, 1 x 3Bed. New Roof 2020. Ideal for any investor looking for a cash flow positive asset from Day 1 of ownership with still significant upside on rents. A must see building to appreciate the size and finishes of the apartments. 8 Parking spots. Windows 2017. Tenants pay Hydro.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-09-13 | 2021-10-04 | 21 | $980 | - | Terminated |
| 2021-07-22 | 2021-07-29 | 7 | $980 | - | Terminated |
| 2021-07-22 | 2021-07-27 | 6 | $980 | - | Suspended |
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Property Details
Street
Community
City
Property Type
Multiplex, 3-Storey
Lot Size
50' x 125'
Fronting
South
Taxes
$14,101 (2024)
Basement
Apartment
Exterior
Concrete, Wood
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
8
Driveway
Available
Garage Type
None
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Toronto Market Statistics
Toronto Price Trend
10 Ivy Ave is a 7-bedroom 7-bathroom home listed for sale at $2,599,000, which is $729,000 (39.0%) higher than the average sold price of $1,870,000 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 7 bedroom home in Toronto declined by $0 (0.0%) compared to the previous 30 day period (July 20 - August 18) and up $535,991 (40.2%) from the same time one year ago.Inventory Change
There were 11 7-bedroom homes listed in Toronto over the last 30 days (August 19 - September 17), which is up 57.1% compared with the previous 30 day period (July 20 - August 18) and up 83.3% compared with the same period last year.Sold Price Above/Below Asking ($)
7-bedroom homes in Toronto typically sold ($220,000) (11.8%) below asking price over the last 30 days (August 19 - September 17), which represents a $0 decrease compared to the previous 30 day period (July 20 - August 18) and ($114,491) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 7-bedroom homes in Toronto over the last 30 days (August 19 - September 17) stood at 9.1%, down from 28.6% over the previous 30 days (July 20 - August 18) and down from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 7-bedroom 7-bathroom home in Toronto stood at 21 days when successfully sold over the last 30 days (August 19 - September 17), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Mysak Realty Inc.
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