216 Indian Rd

FOR SALE
$2,999,000
216 Indian Rd, Toronto
216 Indian Rd
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5 + 1
BEDROOMS
5
BATHROOMS
4 + 1
KITCHENS
16 + 4
ROOMS
W11999630
MLSID
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Property Description
This grande Edwardian home situated on a large corner lot with a generous backyard showcases timeless character throughout its 5 spacious apartments set on prestigious Indian rd amidst many magnificent properties. Step into almost 4000sq ft of absolute potential. In the incredible High Park neighbourhood, nestled between one of Toronto's largest parks and vibrant Roncesvalles, this home is of epic proportions. Completely VACANT, easy to show and impress. The main floor welcomes you with an original brick fireplace and foyer that can easily accommodate all residents coming and going. There is a 2 bedroom apartment on the main floor with direct access to the garage, which is split into two parking spots for extra income possibilities in addition to the private drive. The second floor boasts two 1 bedroom apartments, one equipped with a wood burning fireplace and outdoor deck while the other features 2 solarium style rooms creating a space filled with glorious natural light. The top floor is home to a charming 1 bedroom unit with private outdoor space, a separate living/dining room, angled ceilings, historical details and a cozy layout. There is endless opportunity to reconfigure and expand the units for various living styles or update and rent them out in the existing layout. The basement has a bachelor unit as well as a large shared laundry facility housing coin laundry machines for additional income. This house is perfect for investors, a group of people looking to live together, or end users wishing to create the single family home of their absolute dreams. This is a truly unique property that is a must see for anyone looking to create a High Park Haven.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-10-19 2020-10-26 8 $1,690 $1,690 Leased
Nearby Intersections
Property Details
Street
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
3500-5000
Lot Size
36' x 144'
Fronting
West
Taxes
$12,682 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain8.86' x 6.99'Fireplace, Bay Window, Staircase
LivingMain13.12' x 17.72'Wainscoting, Fireplace, Hardwood Floor
BrMain11.48' x 10.86'Hardwood Floor, Double Closet, Window
2nd BrMain10.99' x 8.79'Hardwood Floor, Window
KitchenMain11.09' x 13.48'Vinyl Floor, W/O To Garage, Window
DiningMain14.11' x 12.11'Closet, Pocket Doors, Hardwood Floor
Br2nd13.39' x 11.19'Laminate, Closet, Window
Living2nd13.09' x 13.78'Fireplace, W/O To Balcony, Ne View
Dining2nd9.09' x 13.58'Closet, Laminate
Kitchen2nd11.58' x 9.19'Vinyl Floor, North View
Toronto Market Statistics
Toronto Price Trend
216 Indian Rd is a 5-bedroom 5-bathroom home listed for sale at $2,999,000, which is $741,260 (32.8%) higher than the average sold price of $2,257,740 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Toronto declined by $417,786 (15.6%) compared to the previous 30 day period (December 22 - January 20) and down $43,645 (1.9%) from the same time one year ago.
Inventory Change
There were 122 5-bedroom homes listed in Toronto over the last 30 days (January 21 - February 19), which is up 71.8% compared with the previous 30 day period (December 22 - January 20) and up 60.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold ($33,435) (1.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $266,747 increase compared to the previous 30 day period (December 22 - January 20) and ($36,659) 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 (January 21 - February 19) stood at 31.1%, up from 26.8% over the previous 30 days (December 22 - January 20) and down from 48.7% 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 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sage Real Estate Limited
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