1536 King St W
South Parkdale, Toronto, M6K 1J6
FOR SALE
$1,549,000
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5 + 1
BEDROOMS5
BATHROOMS4
KITCHENS13 + 1
ROOMSW6788546
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Property Description
Introducing An Exceptional Opportunity For Investors & Project Seekers. A 5 Unit, Red-Brick Victorian Style Multiplex Features Stunning Views Of Lake Ontario. Additional Income Potential With Opportunity For Approx 1534 Sq Ft Laneway Suite. Solid Home With Beautiful Original Features And Design; Stained Glass, Fireplace Plus Unique Turret Rooms, Boasting Tons Of Potential For Renovations. Main Floor Unit Is 1+1 Bed Unit, 2nd Floor Has 1 Bed & 1 Bachelor Unit, 3rd Floor Has 2 Bachelor Units. Conveniently Close To Transit, Making It An Attractive Option For Tenants. Parking Is Also Available Via Laneway. Large Backyard Space. This Truly Is A Rare Property! The Possibilities For Income And Growth Are Endless!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-20 | 2023-09-05 | 77 | $1,698,000 | - | Terminated |
| 2023-05-18 | 2023-06-20 | 33 | $1,895,000 | - | Terminated |
Extras
All Tenants Are Month To Month. Laneway Home Opportunity! Great Location Close To High Park, Roncesvalles, Ttc Routes & Waterfront, Trails & Easy Access To Qew.
Nearby Intersections
Property Features
Clear View, Hospital, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2 1/2 Storey
Lot Size
27' x 150'
Lot Irregularities
Irregular
Fronting
North
Taxes
$6,351 (2022)
Basement
Unfinished
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 16.40' x 11.19' | Fireplace |
| Kitchen | Main | 8.92' x 14.63' | Window |
| Br | Main | 10.30' x 8.76' | Closet |
| Den | Main | 8.50' x 13.02' | Window |
| Br | 2nd | 11.68' x 15.52' | Combined W/Living |
| Living | 2nd | 12.83' x 14.67' | Closet |
| Kitchen | 2nd | 11.02' x 13.75' | Window |
| Br | 2nd | 10.89' x 7.74' | Window |
| Br | 3rd | 14.73' x 19.23' | Combined W/Living |
| Kitchen | 3rd | 12.11' x 14.07' | Combined W/Dining |
| Br | 3rd | 12.93' x 15.03' | Combined W/Living |
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Toronto Market Statistics
Toronto Price Trend
1536 King St W is a 5-bedroom 5-bathroom home listed for sale at $1,549,000, which is $1,309,515 (45.8%) lower than the average sold price of $2,858,515 in the last 30 days (August 23 - September 21). During the last 30 days the average sold price for a 5 bedroom home in Toronto declined by $24,156 (0.8%) compared to the previous 30 day period (July 24 - August 22) and up $208,028 (7.8%) from the same time one year ago.Inventory Change
There were 165 5-bedroom homes listed in Toronto over the last 30 days (August 23 - September 21), which is up 77.4% compared with the previous 30 day period (July 24 - August 22) and up 139.1% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold ($56,005) (2.0%) below asking price over the last 30 days (August 23 - September 21), which represents a $12,254 decrease compared to the previous 30 day period (July 24 - August 22) and ($99,970) 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 5-bedroom homes in Toronto over the last 30 days (August 23 - September 21) stood at 25.5%, down from 47.3% over the previous 30 days (July 24 - August 22) and down from 53.6% 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 21 days when successfully sold over the last 30 days (August 23 - September 21), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Core Assets Real Estate
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