15 Fernwood Gdns
Broadview North, Toronto, M4K 2J8
FOR SALE
$3,198,000
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5
BEDROOMS6
BATHROOMS6
KITCHENS12
ROOMSE8158040
MLSIDContact Us
Property Description
Great Investment Opportunity In The Heart Of The Danforth. 6 Unit Building. Five 1 Bedroom 675 Sq Ft Unit And One 500 Sq Ft Bachelor. New Roof And Furnace. Great Income Opportunity For Someone Looking To Invest. Basement Includes Coin Laundry (Washer And Dryer) Produces $700-$1200 Per Month, Per Unit. All 6 Units Are Currently Rented.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-26 | 2024-02-29 | 248 | $3,888,000 | - | Terminated |
| 2022-04-06 | 2022-06-09 | 64 | $1,950 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Lot Size
48' x 117'
Fronting
East
Taxes
$7,529 (2023)
Basement
Finished
Exterior
Stucco/Plaster
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Detached
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Toronto Market Statistics
Toronto Price Trend
15 Fernwood Gdns is a 5-bedroom 6-bathroom home listed for sale at $3,198,000, which is $571,801 (21.8%) higher than the average sold price of $2,626,199 in the last 30 days (April 5 - May 4). During the last 30 days the average sold price for a 5 bedroom home in Toronto increased by $288,094 (12.3%) compared to the previous 30 day period (March 6 - April 4) and down $107,874 (3.9%) from the same time one year ago.Inventory Change
There were 174 5-bedroom homes listed in Toronto over the last 30 days (April 5 - May 4), which is up 75.8% compared with the previous 30 day period (March 6 - April 4) and up 37.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold $6,942 (0.3%) above asking price over the last 30 days (April 5 - May 4), which represents a $2,870 increase compared to the previous 30 day period (March 6 - April 4) and $27,387 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 (April 5 - May 4) stood at 31.0%, down from 57.6% over the previous 30 days (March 6 - April 4) and down from 51.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 6-bathroom home in Toronto stood at 17 days when successfully sold over the last 30 days (April 5 - May 4), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Metropolis Realty
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