18 Chamberlain Ave
Briar Hill-Belgravia, Toronto, M6E 4J8
FOR SALE
$1,088,000
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2 + 1
BEDROOMS2
BATHROOMS1 + 1
KITCHENS6 + 3
ROOMSW9382193
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Property Description
Exceptional opportunity to build a new fourplex on a premier street in the highly sought-after Briar-Hill neighborhood. With a modern, elegant, and efficient design, the approved gross floor area is approximately 4,300+ sq. ft. across four levels (1,093.5 sqft each level as per the July 2024 Committee of Adjustment decision). All units feature two bedrooms, 9 ft. ceilings, spacious kitchens, in-suite laundry and storage. This family-friendly location is ultra convenient and close to the subway, highways 401/Allen Rd/400, Black Creek and The LRT. Shopping and quick access to the downtown core makes this a great investment opportunity. The building permit is undergoing final city review all fees have been paid. Other options include renovating the existing bungalow or applying to build a new single-family home. Construction drawings for the approved fourplex and design plans are available.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-15 | 2023-12-09 | 24 | $829,885 | $780,000 | Sold |
Extras
Parking is $342.75 per year.
Nearby Intersections
Dufferin & Eglinton (34)
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
25' x 125'
Fronting
West
Taxes
$3,494 (2024)
Basement
Fin W/O
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Front Yard
Garage Type
None
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Toronto Market Statistics
Toronto Price Trend
18 Chamberlain Ave is a 2-bedroom 2-bathroom home listed for sale at $1,088,000, which is $23,074 (2.1%) lower 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 2-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 Ipro Realty Ltd
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