1313 Gerrard St E
Greenwood-Coxwell, Toronto, M4L 1Y8
FOR SALE
$1,499,000
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Property Description
Prime Investment Opportunity in Toronto's Gerrard - Coxwell Area. Nestled in the up and evolving Gerrard - Coxwell neighborhood. This property is an exceptional investment opportunity for those with a keen eye on future development, the area is undergoing a dynamic transformation. Semi-Detached Home, Walk To All Amenities, Park And Gerrard Square Mall, 24 Hrs T.T.C., Sep. Entrance To Finished Basement.
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Nearby Intersections
Coxwell & Gerrard (20)
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2-Storey
Lot Size
18' x 108'
Fronting
South
Taxes
$3,483 (2023)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
None
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Toronto Market Statistics
Toronto Price Trend
1313 Gerrard St E is a 2-bedroom 2-bathroom home listed for sale at $1,499,000, which is $409,751 (37.6%) higher than the average sold price of $1,089,249 in the last 30 days (June 7 - July 6). During the last 30 days the average sold price for a 2 bedroom home in Toronto declined by $108,491 (9.1%) compared to the previous 30 day period (May 8 - June 6) and down $48,132 (4.2%) from the same time one year ago.Inventory Change
There were 273 2-bedroom homes listed in Toronto over the last 30 days (June 7 - July 6), which is up 20.3% compared with the previous 30 day period (May 8 - June 6) and up 42.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold $31,916 (2.9%) above asking price over the last 30 days (June 7 - July 6), which represents a $27,310 decrease compared to the previous 30 day period (May 8 - June 6) and $46,597 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 2-bedroom homes in Toronto over the last 30 days (June 7 - July 6) stood at 45.4%, down from 55.1% over the previous 30 days (May 8 - June 6) and down from 108.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Toronto stood at 13 days when successfully sold over the last 30 days (June 7 - July 6), compared to 34 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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