121 Sorauren Ave
Roncesvalles, Toronto, M6R 2E3
FOR SALE
$3,175,000
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5
BEDROOMS5
BATHROOMS4
KITCHENS12
ROOMSW7366772
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Property Description
This stunning, city of Toronto approved, legal 4 unit property is redefining the term "Roncesvalles beauty". Completely built to code with permits, this property is the perfect investment for generations to come. Easy to rent, AAA tenants and delivering amazing cap rate. Excellent location on a rare 2 way street. Minutes from the Gardner and TTC, and steps to Queen St, Dundas, parks, and Roncesvalles village. A must see!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-10-26 | 2022-10-29 | 3 | $2,575 | $2,600 | Leased |
Extras
Main floor suite & lobby come fully furnished. (3) hydro meters, (4) gas meters, (4) furnace\, (4) CAC, (4) hot water tanks, (2) sump pump, back water valve. Fire rated plumbing, HVAC, separation walls & ceilings.
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Property Details
Street
Community
City
Property Type
Semi-Detached, Other
Lot Size
25' x 100'
Acreage
< .50
Fronting
East
Taxes
$10,767 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Front Yard
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.81' x 10.50' | Stainless Steel Appl, Combined W/Living, Hardwood Floor |
| Br | Main | 9.78' x 10.17' | Large Window, 4 Pc Ensuite, Hardwood Floor |
| 2nd Br | Main | 13.06' x 10.17' | B/I Closet, 3 Pc Ensuite, Hardwood Floor |
| Kitchen | 2nd | 12.60' x 11.09' | Stainless Steel Appl, Combined W/Living, W/O To Balcony |
| 3rd Br | 2nd | 12.60' x 10.50' | Large Window, 3 Pc Ensuite, Hardwood Floor |
| 4th Br | 2nd | 7.87' x 10.50' | Large Window, Large Closet, Hardwood Floor |
| Kitchen | 3rd | 14.17' x 11.29' | Stainless Steel Appl, Combined W/Living, Hardwood Floor |
| Living | 3rd | 8.86' x 11.29' | Juliette Balcony, Window, Hardwood Floor |
| 5th Br | 3rd | 11.22' x 7.87' | Closet, 3 Pc Bath, Heated Floor |
| Kitchen | Bsmt | 11.58' x 13.62' | Stainless Steel Appl, Combined W/Living, Laminate |
| Br | Bsmt | 10.17' x 13.62' | Closet, 3 Pc Bath, Window |
| Living | Bsmt | 7.97' x 11.48' | Open Concept, Window, Laminate |
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Toronto Market Statistics
Toronto Price Trend
121 Sorauren Ave is a 5-bedroom 5-bathroom home listed for sale at $3,175,000, which is $513,096 (19.3%) higher than the average sold price of $2,661,904 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 5 bedroom home in Toronto increased by $324,952 (13.9%) compared to the previous 30 day period (February 27 - March 27) and down $317,966 (10.7%) from the same time one year ago.Inventory Change
There were 134 5-bedroom homes listed in Toronto over the last 30 days (March 28 - April 26), which is up 17.5% compared with the previous 30 day period (February 27 - March 27) and up 26.4% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold ($29,217) (1.1%) below asking price over the last 30 days (March 28 - April 26), which represents a $14,261 decrease compared to the previous 30 day period (February 27 - March 27) and ($25,266) 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 5-bedroom homes in Toronto over the last 30 days (March 28 - April 26) stood at 41.0%, down from 55.3% over the previous 30 days (February 27 - March 27) and down from 65.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Toronto stood at 15 days when successfully sold over the last 30 days (March 28 - April 26), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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