15 Markham St
Trinity-Bellwoods, Toronto, M6J 2G1
FOR SALE
$1,854,000
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2 + 2
BEDROOMS3
BATHROOMS1 + 1
KITCHENS6 + 3
ROOMSC9363505
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Property Description
Incredible investment opportunity in the heart of Trinity-Bellwoods, Queen West. Renovated top-to bottom to the highest standards, this detached two-unit income property is ideal for those looking for a passive income investment or for end users who want extra income from a second suite. Gross rental income of $81,900! Main unit is ~1,400sf 2Bed, 2Bath, with open Concept Main Floor, Plenty Of Room To Dine, Relax, Work And Entertain. Gorgeous custom kitchen with luxury appliances, caeserstone counters and massive island with seating for 6! Both Bedrooms Are Large Enough For King Beds With Ample Storage Space, Natural Light And Blackout Blinds - leased for $4,200/month. Lower level is a fully renovated and furnished 1bed/1bath with separate entrance - Leased long term AirBnB for $2,625/month. Property features private drive with space for 2-3 cars. Private Garden Terrace W/ Gas Line For Bbq. Steps To Streetcar and trendiest parts of Queen West, King West, Trinity Bellwoods and Ossington.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2019-08-20 | 2019-08-21 | 2 | $3,680 | $3,850 | Leased |
Property Features
Hospital, Library, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
59' x 16'
Fronting
East
Taxes
$5,064 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Toronto Market Statistics
Toronto Price Trend
15 Markham St is a 2-bedroom 3-bathroom home listed for sale at $1,854,000, which is $742,926 (66.9%) higher than the average sold price of $1,111,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Toronto declined by $80,620 (6.8%) compared to the previous 30 day period (September 21 - October 20) and up $1,466 (0.1%) from the same time one year ago.Inventory Change
There were 148 2-bedroom homes listed in Toronto over the last 30 days (October 21 - November 19), which is down 33.0% compared with the previous 30 day period (September 21 - October 20) and down 6.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold ($5,553) (0.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $12,321 decrease compared to the previous 30 day period (September 21 - October 20) and $7,439 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 (October 21 - November 19) stood at 83.8%, up from 46.2% over the previous 30 days (September 21 - October 20) and up from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Toronto stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Realty Inc.
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