149 Gainsborough Rd
Woodbine Corridor, Toronto, M4L 3C3
FOR SALE
$2,599,900
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9 + 2
BEDROOMS5
BATHROOMS3 + 1
KITCHENS19 + 5
ROOMSE7376484
MLSIDContact Us
Property Description
Developmental free standing multiplex for sale in prime Toronto. Home currently has four apartments with a total of eleven bedrooms, five bathroom, four kitchens and living/dining rooms. Apartments have open concept designs. Three apartments have about 1300 square foot each. Home is walking, distance to grocery store, transit, shopping, parks, restaurant, hwy, beach and marina. A rare find prime for redevelopment and potential to build behind main structure. For those looking to invest in a fractionally owned property with others here is your pick, location, space, convenience and value. Less than 15 minutes to Toronto Downtown. A better choice compared to purchasing a condo in the area. Much lower price per square foot.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-01-15 | 2020-03-08 | 53 | $2,800 | - | Terminated |
Extras
Developmental Property With Huge Potential For Rezoning. Buyer Due Diligence Regarding Rezoning Or City A Must With All Offers
Nearby Intersections
Coxwell & Gerrard (18)
Woodbine & Gerrard (37)
Property Features
Arts Centre, Beach, Marina, Other, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, 3-Storey
Lot Size
51' x 149'
Fronting
East
Taxes
$9,200 (2023)
Basement
Apartment, Fin W/O
Exterior
Brick, Concrete
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
5
Driveway
Mutual
Garage Type
Detached
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Toronto Market Statistics
Toronto Price Trend
149 Gainsborough Rd is a 9-bedroom 5-bathroom home listed for sale at $2,599,900, which is $240,560 (8.5%) lower than the average sold price of $2,840,460 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 9 bedroom home in Toronto increased by $240,460 (9.2%) compared to the previous 30 day period (February 28 - March 28) and up $240,460 (9.2%) from the same time one year ago.Inventory Change
There were 13 9-bedroom homes listed in Toronto over the last 30 days (March 29 - April 27), which is up 160.0% compared with the previous 30 day period (February 28 - March 28) and up 550.0% compared with the same period last year.Sold Price Above/Below Asking ($)
9-bedroom homes in Toronto typically sold ($154,540) (5.4%) below asking price over the last 30 days (March 29 - April 27), which represents a $59,540 decrease compared to the previous 30 day period (February 28 - March 28) and ($250,000) 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 9-bedroom homes in Toronto over the last 30 days (March 29 - April 27) stood at 7.7%, down from 20.0% over the previous 30 days (February 28 - March 28) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 9-bedroom 5-bathroom home in Toronto stood at 28 days when successfully sold over the last 30 days (March 29 - April 27), compared to 99 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Premier Inc.
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