23 Myrtle Ave
South Riverdale, Toronto, M4M 2A3
FOR SALE
$1,188,000
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2 + 2
BEDROOMS2
BATHROOMS2
KITCHENS5
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Property Description
This beautifully renovated duplex in the heart of Leslieville offers a unique opportunity for homeowners and investors alike. Freehold townhouse with two kitchens, it's perfect for living and renting, or for two couples to share in comfort and privacy. Situated in a prime location, this home is within walking distance of Riverdale Collegiate Institute, Home Depot, various schools, parks, and a variety of dining options. The vibrant Leslieville neighborhood also boasts grocery stores, boutiques, and easy access to public transit. The home has undergone a comprehensive renovation (approximately 95% complete), with much of the structure gutted and rebuilt to modern standards. The result is a stunning and functional living space with high ceilings, new HVAC system, and modern finishes throughout. Each floor has its own separate kitchen and 3-piece washroom, offering total privacy for each level. The main floor includes a spacious kitchen, three rooms, and a small back deck, while the second floor mirrors the layout, featuring a full kitchen and additional living space. With the potential for a laneway suite to generate extra income, this home offers both versatility and investment potential. The main floor could be rented out for approximately $2,500/month, while the second-floor unit could bring in around $2,000/month. New upgrades include granite countertops in both kitchens, six new windows, a new furnace, A/C, 200-amp electrical service, and an owned tankless water heater. The homes private backyard is an added bonus, offering a peaceful retreat and an excellent space for outdoor entertaining. One of the standout features of this property is its exceptionally deep lot with a T-style parking area, which can accommodate up to two cars. For those who prefer the outdoors, the home is ideally located near the beach, Lake Ontario, Woodbine Park, and various local attractions, including the Yacht Club, marina, and some of the best brunch spots in the city, Greek Town
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-18 | 2024-11-30 | 74 | $1,088,000 | - | Expired |
| 2024-08-07 | 2024-09-13 | 37 | $1,188,000 | - | Terminated |
| 2022-08-02 | 2022-12-08 | 128 | $665,000 | $600,000 | Sold |
| 2022-01-31 | 2022-02-19 | 19 | $749,999 | $835,000 | Sold |
Property Features
Beach, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 2-Storey
Lot Size
14' x 120'
Fronting
East
Taxes
$3,791 (2024)
Basement
None
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.01' x 14.01' | Ceramic Floor |
| Living | Main | 10.01' x 11.48' | Ceramic Floor, Combined W/Br |
| Br | Main | 10.01' x 11.48' | Vinyl Floor |
| Br | Main | 10.01' x 10.01' | Vinyl Floor |
| Kitchen | 2nd | 10.66' x 9.84' | Combined W/Living |
| Br | 2nd | 9.19' x 13.94' | Vinyl Floor |
| Br | 2nd | 7.22' x 10.01' | Vinyl Floor, O/Looks Backyard |
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Toronto Market Statistics
Toronto Price Trend
23 Myrtle Ave is a 2-bedroom 2-bathroom townhome listed for sale at $1,188,000, which is $435,450 (57.9%) higher than the average sold price of $752,550 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom townhome in Toronto declined by $119,698 (13.7%) compared to the previous 30 day period (November 19 - December 18) and down $42,564 (5.4%) from the same time one year ago.Inventory Change
There were 61 2-bedroom townhomes listed in Toronto over the last 30 days (December 19 - January 17), which is down 30.7% compared with the previous 30 day period (November 19 - December 18) and up 19.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Toronto typically sold $537 (0.1%) above asking price over the last 30 days (December 19 - January 17), which represents a $879 decrease compared to the previous 30 day period (November 19 - December 18) and ($22,450) 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 2-bedroom townhomes in Toronto over the last 30 days (December 19 - January 17) stood at 50.8%, down from 70.5% over the previous 30 days (November 19 - December 18) and down from 68.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Toronto stood at 41 days when successfully sold over the last 30 days (December 19 - January 17), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max President Realty
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