FOR SALE
$1,549,000
117 Mcgill St, Downtown Toronto
117 Mcgill St
117 Mcgill St
117 Mcgill St
117 Mcgill St
117 Mcgill St
117 Mcgill St
117 Mcgill St
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117 Mcgill St
117 Mcgill St
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117 Mcgill St
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117 Mcgill St
117 Mcgill St
117 Mcgill St
117 Mcgill St
117 Mcgill St
117 Mcgill St
117 Mcgill St
117 Mcgill St
117 Mcgill St
117 Mcgill St
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3 + 1
BEDROOMS
3
BATHROOMS
3
KITCHENS
7 + 2
ROOMS
C12000676
MLSID
Contact Us
Property Description
Welcome home to the best priced, turnkey triplex in the downtown core. Unit 1 on the upper levels boasts 2-storeys with 2-bedrooms, 1-bathroom, an extra-large 2nd storey living area, chefs kitchen and rooftop deck! Unit 2 on the main floor contains 1 bedroom, 1 bathroom lots of natural light and a private walkout deck with backyard. Unit 3 in the lower level contains 1 bedroom and 1 bathroom with a separate walk out. Recently renovated, high ceilings, tasteful finishes throughout with high quality appliances including gas stoves. Located on a quiet street in the heart of downtown Toronto, this is the hidden gem you never knew existed. The possibilities of this home are endless. It can be a fantastic airbnb rental property or you can live in one unit while renting out the other units or rent all 3 units out long term. All this while sitting on a future re-development site. You do not want to miss this unique opportunity! Main and upper units are vacant, A+ Tenant in the basement. 1 Parking pad on site. Washer/dryer in each unit. Financials and Inspection available upon request. Offers anytime.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-11-02 2020-12-02 30 $1,395 $1,395 Leased
Nearby Intersections
Property Details
Street
Property Type
Att/Row/Townhouse, 3-Storey
Lot Size
16' x 75'
Fronting
South
Taxes
$5,722 (2024)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Front Yard
Garage Type
None
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
117 Mcgill St is a 3-bedroom 3-bathroom townhome listed for sale at $1,549,000, which is $458,790 (42.1%) higher than the average sold price of $1,090,210 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom townhome in Downtown Toronto increased by $139,688 (14.7%) compared to the previous 30 day period (December 22 - January 20) and up $136,754 (14.3%) from the same time one year ago.
Inventory Change
There were 189 3-bedroom townhomes listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 34.0% compared with the previous 30 day period (December 22 - January 20) and down 1.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Downtown Toronto typically sold $15,323 (1.4%) above asking price over the last 30 days (January 21 - February 19), which represents a $29,482 increase compared to the previous 30 day period (December 22 - January 20) and $9,499 more 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 3-bedroom townhomes in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 41.3%, down from 55.3% over the previous 30 days (December 22 - January 20) and down from 50.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Downtown Toronto stood at 29 days when successfully sold over the last 30 days (January 21 - February 19), compared to 66 days before being removed from the market upon being suspended or terminated.
Listing contracted with Valery Real Estate Inc.
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