194 Concord Ave
Palmerston-Little Italy, Toronto, M6H 2P3
FOR SALE
$1,825,000
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4 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS8 + 3
ROOMSC7360450
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Property Description
Discover the epitome of modern living in this beautifully renovated residential property in Palmerston-Little Italy. Just minutes from Bloor and Ossington, this triplex offers three self-contained units, each exuding contemporary charm. The newly renovated kitchen boasts quartz countertops and stainless-steel appliances, while the hardwood floors gleam under LED lighting. With separate entrances, spacious rooms, and access to balconies, decks, and a backyard, the property provides a perfect blend of privacy and comfort. Traditional molded ceilings and large windows enhance the aesthetic appeal. The 3pc bathrooms, newly renovated, feature oversized glass showers with tiled surrounds, adding a touch of luxury. This property is not just a home but also a smart investment, generating substantial income. Ideal for those looking to live in one unit and rent out the others, it combines functionality with financial savvy. seize this opportunity to own a contemporary haven in a prime location
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-05-25 | 2022-06-01 | 7 | $1,550 | $1,550 | Leased |
| 2020-12-02 | 2021-04-06 | 124 | $1,250 | $1,250 | Leased |
Extras
New Stainless steel appliances, 3 fridges, 3 stoves, 2 microwave exhausts, 3 stackable washer/dryers. New HVAC system, AC, updated 200-amp electrical service, sump pump, and 2 AC heat pumps ensure comfort and functionality.
Nearby Intersections
Bloor & Dufferin (23)
Bloor & Ossington (10)
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
20' x 92'
Fronting
West
Taxes
$6,209 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
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Toronto Market Statistics
Toronto Price Trend
194 Concord Ave is a 4-bedroom 3-bathroom home listed for sale at $1,825,000, which is $226,519 (11.0%) lower than the average sold price of $2,051,519 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 4 bedroom home in Toronto declined by $7,154 (0.3%) compared to the previous 30 day period (February 26 - March 26) and up $4,880 (0.2%) from the same time one year ago.Inventory Change
There were 567 4-bedroom homes listed in Toronto over the last 30 days (March 27 - April 25), which is up 16.7% compared with the previous 30 day period (February 26 - March 26) and up 5.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Toronto typically sold $22,091 (1.1%) above asking price over the last 30 days (March 27 - April 25), which represents a $8,227 increase compared to the previous 30 day period (February 26 - March 26) and $33,945 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 4-bedroom homes in Toronto over the last 30 days (March 27 - April 25) stood at 55.2%, up from 51.4% over the previous 30 days (February 26 - March 26) and down from 58.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Toronto stood at 16 days when successfully sold over the last 30 days (March 27 - April 25), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Estate Homeward
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