121 Sorauren Ave
Roncesvalles, Toronto, M6R 2E3
FOR SALE
$3,150,000
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5
BEDROOMS5
BATHROOMS4
KITCHENS12
ROOMSW9233709
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Property Description
This stunning, City of Toronto approved, legal 4 unit property is re-defining 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 an amazing cap rate. Excellent location on a rare 2 way street. Minutes from the gardener 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) furnaces, (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, 3-Storey
Lot Size
25' x 100'
Acreage
< .50
Fronting
East
Taxes
$10,767 (2024)
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 Closet, 4 Pc Ensuite, Hardwood Floor |
2nd Br | Main | 13.06' x 10.17' | W/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 $3,150,000, which is $534,501 (20.4%) higher than the average sold price of $2,615,499 in the last 30 days (September 11 - October 10). During the last 30 days the average sold price for a 5 bedroom home in Toronto declined by $613,934 (19.0%) compared to the previous 30 day period (August 12 - September 10) and up $289,966 (12.5%) from the same time one year ago.Inventory Change
There were 184 5-bedroom homes listed in Toronto over the last 30 days (September 11 - October 10), which is up 35.3% compared with the previous 30 day period (August 12 - September 10) and down 3.7% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold ($57,255) (2.2%) below asking price over the last 30 days (September 11 - October 10), which represents a $125,427 increase compared to the previous 30 day period (August 12 - September 10) and ($26,270) 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 (September 11 - October 10) stood at 33.2%, up from 28.7% over the previous 30 days (August 12 - September 10) and up from 23.6% 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 26 days when successfully sold over the last 30 days (September 11 - October 10), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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