209 Cedric Ave

FOR SALE
$1,499,900
209 Cedric Ave, Toronto
209 Cedric Ave
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
8 + 2
ROOMS
C8361152
MLSID
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Property Description
Well-Appointed 3 + 2 Bdrm Brick Detached Nestled On one of the Best Tree Lined Streets In Prime Cedarvale Pocket. **Loads of potential on this one, with several new builds and re-builds on Cedric and close radius!** Situated On Premium 25ft x 109.24ft Lot. Loads Of Potential with Higher Density in area, Ideal For End User, Investor, Renovator, Builder Or To Convert To Duplex/Triplex. The Possibilities Are Endless. Oversized Well Built Detached Garage With Potential For Garden Suite (Buyer to Verify). Exceptional Opportunity To Own A Spacious Detached With Both Living and Dining Area and Additional Family Room At Back. Several Updates Including Basement Bathroom, Mostly Vinyl Windows And Solid Brick. Great To Add Your Own Personal Touch As the Area Is Undergoing Lots of Growth. Steps to Transit and Future LRT on Eglinton and Close to Subway at Bathurst/St. Clair!! Private drive!
Property Details
Property Type
Detached, 2-Storey
Lot Size
25' x 109'
Fronting
East
Taxes
$4,830 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Detached
Toronto Market Statistics
Toronto Price Trend
209 Cedric Ave is a 3-bedroom 2-bathroom home listed for sale at $1,499,900, which is $169,719 (12.8%) higher than the average sold price of $1,330,181 in the last 30 days (June 6 - July 5). During the last 30 days the average sold price for a 3 bedroom home in Toronto declined by $71,767 (5.1%) compared to the previous 30 day period (May 7 - June 5) and down $38,747 (2.8%) from the same time one year ago.
Inventory Change
There were 1,209 3-bedroom homes listed in Toronto over the last 30 days (June 6 - July 5), which is up 6.0% compared with the previous 30 day period (May 7 - June 5) and up 18.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Toronto typically sold $25,699 (1.9%) above asking price over the last 30 days (June 6 - July 5), which represents a $38,850 decrease compared to the previous 30 day period (May 7 - June 5) and $83,574 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 3-bedroom homes in Toronto over the last 30 days (June 6 - July 5) stood at 48.8%, down from 56.6% over the previous 30 days (May 7 - June 5) and down from 85.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Toronto stood at 13 days when successfully sold over the last 30 days (June 6 - July 5), compared to 34 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max West Realty Inc.
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