225 Delaware Ave
Dovercourt-Wallace Emerson-Junction, Toronto, M6H 2T4
FOR SALE
$1,250,000
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BEDROOMS2
BATHROOMS2
KITCHENS10
ROOMSW8075644
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Property Description
This great Detached duplex (according to MPAC) just 50 metres to Ossington subway station. You can't go wrong with this location. It is a diamond in the rough. Convert it back to single family. Spruce it up and increase the rents. Maybe follow the Sellers vision and complete addition and create a high end 4 unit dwelling. Whatever your vision, this is the place. Currently rented as main floor basement and second floor units. Main floor rented for $1,900 and 2nd floor $2,440. There is no warranty as to the continued use of the coach house unit. Buyer to do their own due diligence as to the continued use.
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Extras
Seller has submitted plans to the city to create a 4 units. These plans could be included in the purchase price.
Nearby Intersections
Bloor & Dufferin (25)
Bloor & Ossington (10)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
18' x 123'
Fronting
East
Taxes
$5,097 (2023)
Basement
Part Fin, Sep Entrance
Exterior
Insulbrick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Ground | 10.40' x 10.79' | Combined W/Dining, Hardwood Floor |
| Br | Ground | 12.40' x 12.40' | Combined W/Living, Hardwood Floor |
| Kitchen | Ground | 11.22' x 21.39' | Combined W/Great Rm, Open Concept |
| Br | Ground | 6.89' x 11.81' | W/O To Garden, Window, O/Looks Backyard |
| Living | 2nd | 11.98' x 15.42' | Hardwood Floor |
| Kitchen | 2nd | 8.99' x 15.42' | Backsplash, Stainless Steel Coun, W/O To Sunroom |
| Br | 2nd | 8.37' x 12.99' | Hardwood Floor, Closet, Casement Windows |
| Br | 2nd | 7.78' x 16.17' | Hardwood Floor, Closet, Casement Windows |
| Br | 2nd | 6.89' x 11.81' | , O/Looks Backyard |
| Other | Bsmt | 6.30' x 13.88' |
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Toronto Market Statistics
Toronto Price Trend
225 Delaware Ave is a 6-bedroom 2-bathroom home listed for sale at $1,250,000, which is $1,677,428 (57.3%) lower than the average sold price of $2,927,428 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 6 bedroom home in Toronto increased by $555,428 (23.4%) compared to the previous 30 day period (February 27 - March 27) and up $418,783 (16.7%) from the same time one year ago.Inventory Change
There were 23 6-bedroom homes listed in Toronto over the last 30 days (March 28 - April 26), which is down 0.0% compared with the previous 30 day period (February 27 - March 27) and down 23.3% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Toronto typically sold $181,270 (6.2%) above asking price over the last 30 days (March 28 - April 26), which represents a $345,703 increase compared to the previous 30 day period (February 27 - March 27) and $3,554 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 6-bedroom homes in Toronto over the last 30 days (March 28 - April 26) stood at 73.9%, up from 39.1% over the previous 30 days (February 27 - March 27) and up from 36.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 2-bathroom home in Toronto stood at 18 days when successfully sold over the last 30 days (March 28 - April 26), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Leading Edge Realty Inc.
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