1568 Dundas St E

FOR SALE
$2,375,000
1568 Dundas St E, Toronto
1568 Dundas St E
1568 Dundas St E
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5
BEDROOMS
4
BATHROOMS
1
KITCHENS
8
ROOMS
E9351735
MLSID
Contact Us
Property Description
Rated among the Top 1% of homes on AirB&B, welcome to this UNIQUE live & work property nestled in the heart of Leslieville. This one-of-a-kind home features a stylish main-floor primary residence along with 3 chic, short-term rental spaces, perfect for anyone looking to blend modern living with a proven lucrative investment opportunity. Renovated to the studs in 2019, this home and its components are virtually 5 years old! The main-floor owners residence includes 1+1 brs, 4 pce bath, modern kitchen, and 2 entrances, (incl a private ent sep from guests). Three separate rental spaces have been thoughtfully designed to provide guests with a memorable stay, ensuring your investment thrives. The home has been meticulously renovated to accommodate this dual-purpose lifestyle. Thoughtful features include: private entrances to all rooms, common spaces for guests, accessible laundry area, outdoor terraces and garden space, exquisite rooftop terrace with city views. Two car parking at the back of the home (with 3 smaller cars fitting). Continue this top rated investment opportunity or use for executive rentals, long term rental apartments or convert to a large single or multi-generational family residence.
Extras
Lot has been approved for a Laneway house for additional income. Option to purchase furniture in the rental suites for a turn-key investment. ***See home video & floor plans attached***
Property Details
Street
Property Type
Detached, 2-Storey
Lot Size
25' x 125'
Fronting
North
Taxes
$6,974 (2024)
Basement
Finished, Sep Entrance
Exterior
Vinyl Siding, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
Toronto Market Statistics
Toronto Price Trend
1568 Dundas St E is a 5-bedroom 4-bathroom home listed for sale at $2,375,000, which is $573,463 (19.4%) lower than the average sold price of $2,948,463 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 5 bedroom home in Toronto declined by $434,424 (12.8%) compared to the previous 30 day period (July 20 - August 18) and down $10,581 (0.4%) from the same time one year ago.
Inventory Change
There were 156 5-bedroom homes listed in Toronto over the last 30 days (August 19 - September 17), which is up 64.2% compared with the previous 30 day period (July 20 - August 18) and up 10.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold ($111,814) (3.8%) below asking price over the last 30 days (August 19 - September 17), which represents a $80,252 increase compared to the previous 30 day period (July 20 - August 18) and $5,793 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 (August 19 - September 17) stood at 26.3%, down from 29.5% over the previous 30 days (July 20 - August 18) and up from 26.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Toronto stood at 26 days when successfully sold over the last 30 days (August 19 - September 17), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Advantage Realty
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