218 Montrose Ave
Palmerston-Little Italy, Downtown Toronto, M6G 3G7
FOR SALE
$1,800,000
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3
BEDROOMS2
BATHROOMS2 + 1
KITCHENS7 + 1
ROOMSC9351973
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Property Description
Large, detached with parking in prime location in Little Italy with a wide and deep lot. 218 Montrose is an absolute gem! Much loved by the same family for the last 55 years and now ready for its next chapter. There is so much potential to design the home of your dreams. Spacious rooms including huge primary bedroom on upper level, oversized windows (including 3 bays!), character details, hardwood floors, curved crown mouldings and high ceilings and a large basement with a kitchen and a separate rear walk out for additional income potential. Complete with a single car detached garage. This property is truly stellar. Renovate to your specs in the existing generous footprint, or explore the option to expand further and create a truly grand family home or investment property. Close to all amenities. TTC at your doorstep. Excellent dining and shopping options. Close to the renowned U of T, hospitals and many parks. A prime Toronto neighbourhood with a rich history. Potential for 2 storey garden suite (as per Laneway Housing Advisors' report).
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Nearby Intersections
Property Features
Arts Centre, Hospital, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
24' x 110'
Fronting
West
Taxes
$6,729 (2023)
Basement
Part Fin, Walk-Up
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Mutual
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 10.79' x 14.47' | Double Doors, Leaded Glass, Hardwood Floor |
Dining | Main | 11.45' x 13.16' | Double Doors, Bay Window, Hardwood Floor |
Kitchen | Main | 16.44' x 9.32' | Family Size Kitchen, W/O To Sundeck, Eat-In Kitchen |
Office | Main | 9.12' x 11.22' | O/Looks Garden, Large Window, Hardwood Floor |
Prim Bdrm | 2nd | 18.01' x 12.93' | Bay Window, B/I Closet, Hardwood Floor |
2nd Br | 2nd | 12.53' x 12.53' | Bay Window, B/I Closet, Hardwood Floor |
3rd Br | 2nd | 9.38' x 10.60' | W/O To Sundeck, O/Looks Garden, Galley Kitchen |
Kitchen | Lower | 17.22' x 17.45' | Concrete Floor |
Rec | Bsmt | 11.65' x 16.83' | Concrete Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
218 Montrose Ave is a 3-bedroom 2-bathroom home listed for sale at $1,800,000, which is $466,254 (35.0%) higher than the average sold price of $1,333,746 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Downtown Toronto declined by $4,461 (0.3%) compared to the previous 30 day period (September 21 - October 20) and up $49,509 (3.9%) from the same time one year ago.Inventory Change
There were 888 3-bedroom homes listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 13.8% compared with the previous 30 day period (September 21 - October 20) and up 17.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Downtown Toronto typically sold ($5,371) (0.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $14,114 decrease compared to the previous 30 day period (September 21 - October 20) and $172 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 Downtown Toronto over the last 30 days (October 21 - November 19) stood at 69.0%, up from 54.8% over the previous 30 days (September 21 - October 20) and up from 52.6% 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 Downtown Toronto stood at 20 days when successfully sold over the last 30 days (October 21 - November 19), compared to 48 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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