218 Wright Ave

FOR SALE
$2,100,000
218 Wright Ave, Toronto
218 Wright Ave
218 Wright Ave
218 Wright Ave
218 Wright Ave
218 Wright Ave
218 Wright Ave
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5 + 2
BEDROOMS
4
BATHROOMS
3 + 1
KITCHENS
13 + 5
ROOMS
W8244054
MLSID
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Property Description
Exceptional opportunity to acquire a detached Edwardian 4-unit residence nestled in the tranquil yet vibrant Roncesvalles Village. This well-situated property is just moments away from enticing shops and restaurants. Owned and maintained by the same owner for over 30 Years, the apartments reflect the charm of the era. Each unit is well sized with spacious bedrooms. The composition includes three two-bedroom units and one one-bedroom unit, all above grade units boast balconies or porches. Separate meters for each apartment, plus an additional meter for common areas. The property also includes a detached three-car garage, presenting excellent prospects for developing a garden suite apartment.
Property Features
Place Of Worship, Public Transit, School
Property Details
Property Type
Multiplex, 3-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
32' x 118'
Lot Irregularities
Widens To 37.75
Fronting
North
Taxes
$9,914 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Mutual
Garage Type
Detached
Toronto Market Statistics
Toronto Price Trend
218 Wright Ave is a 5-bedroom 4-bathroom home listed for sale at $2,100,000, which is $601,813 (22.3%) lower than the average sold price of $2,701,813 in the last 30 days (March 31 - April 29). During the last 30 days the average sold price for a 5 bedroom home in Toronto increased by $291,078 (12.1%) compared to the previous 30 day period (March 1 - March 30) and down $90,172 (3.2%) from the same time one year ago.
Inventory Change
There were 137 5-bedroom homes listed in Toronto over the last 30 days (March 31 - April 29), which is up 28.0% compared with the previous 30 day period (March 1 - March 30) and up 25.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold ($38,275) (1.4%) below asking price over the last 30 days (March 31 - April 29), which represents a $19,104 decrease compared to the previous 30 day period (March 1 - March 30) and $20,727 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 5-bedroom homes in Toronto over the last 30 days (March 31 - April 29) stood at 40.1%, down from 49.5% over the previous 30 days (March 1 - March 30) and down from 62.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Toronto stood at 16 days when successfully sold over the last 30 days (March 31 - April 29), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Batori Group Inc.
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