247 CONCORD Ave
Palmerston-Little Italy, Toronto, M6H 2P4
FOR SALE
$2,499,000
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3 + 1
BEDROOMS4
BATHROOMS2 + 1
KITCHENS7 + 3
ROOMSC8478130
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Property Description
DON'T MISS THIS OPPORTUNITY TO OWN THIS STUNNING TRIPLEX IN ONE OF TORONTO'S MOST DESIRABLE NEIGHBOURHOODS, BLOORCOURT VILLAGE. FULLY GUTTED AND CONVERTED TO A LEGAL TRIPLEX IN 2019. CAN EASILY BE CONVERTED BACK TO SINGLE FAMILY DWELLING WITH MINOR CHANGES. ADDED AN ADDITION ON 2ND & 3RD FLOOR. PROFESSIONALLY RENOVATED FROM TOP TO BOTTOM USING THE FINEST MATERIALS. GREAT INVESTMENT - LIVE IN ONE UNIT & RENT OUT THE OTHER 2. OVER 1 MILLION IN RENOVATIONS WHICH INCLUDE HIGH EFF NORTH STAR WINDOWS, FIBRE GLASS DOORS WITH MULTI POINT LOCKS, ROOF, FENCE, STORAGE LOCKERS, UNDERPINNED BASEMENT, BOARD & BATON WOOD SIDING, EXPOSED AGGREGATE CONCRETE & LANDSCAPED BACKYARD .. EACH UNIT HAS AN OPEN CONCEPT LAYOUT, IT'S OWN A/C, FURNACE, ELECTRICAL PANEL, TANKLESS WATER HEATER, LAUNDRY, SEPARATE HYDRO METER, ENGINEERED H/W FLOORS, SPRUCE TRIM & BASEBOARDS, S/S APPLIANCES, QUARTZ COUNTERS, HUNTER DOUGLAS BLINDS, POT LIGHTS, AUTO LIGHTS IN CLOSETS... ENJOY THE BEAUTIFUL ROOF TOP TERRACE WITH WOOD PRIVACY SCREEN/FENCE. JUST MINUTES FROM BLOOR ST., OSSINGTON SUBWAY STN, CHRISTIE PITS, MANY PARKS, SHOPS, RESTAURANTS.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-11-06 | 2019-11-19 | 13 | $2,200 | $2,000 | Leased |
Extras
CLICK ON VIRTUAL TOUR TO VIEW ADDITIONAL PICTURES, DRONE VIDEO AND MATTERPORT TOUR
Property Features
Fenced Yard, Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Multiplex, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
21' x 137'
Acreage
< .50
Fronting
East
Taxes
$9,642 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Mutual
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.66' x 11.75' | Hardwood Floor, Combined W/Kitchen, Open Concept |
| Kitchen | Main | 11.25' x 11.75' | Hardwood Floor, Combined W/Living, Stainless Steel Appl |
| Br | Main | 12.17' x 10.50' | Hardwood Floor, W/O To Yard, Window |
| Living | 2nd | 11.84' x 15.32' | Hardwood Floor, Combined W/Kitchen, Window |
| Kitchen | 2nd | 10.50' x 11.75' | Hardwood Floor, Combined W/Living, Stainless Steel Appl |
| 2nd Br | 2nd | 13.09' x 10.50' | Hardwood Floor, Window, W/I Closet |
| 3rd Br | 3rd | 15.16' x 15.32' | Hardwood Floor, Window, W/O To Deck |
| Living | Lower | 5.68' x 7.87' | Hardwood Floor, Combined W/Kitchen, Window |
| Kitchen | Lower | 14.01' x 9.32' | Hardwood Floor, Combined W/Living, Stainless Steel Appl |
| 4th Br | Lower | 11.09' x 10.66' | Hardwood Floor, Window, Double Closet |
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Toronto Market Statistics
Toronto Price Trend
247 CONCORD Ave is a 3-bedroom 4-bathroom home listed for sale at $2,499,000, which is $1,165,254 (87.4%) 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 Toronto declined by $4,461 (0.3%) compared to the previous 30 day period (September 21 - October 20) and up $49,509 (3.9%) from the same time one year ago.Inventory Change
There were 888 3-bedroom homes listed in Toronto over the last 30 days (October 21 - November 19), which is down 13.8% compared with the previous 30 day period (September 21 - October 20) and up 17.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in 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 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 4-bathroom home in 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 Royal Lepage Elite Realty
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Attention All Investors, Developers & Opportunity Seekers! This Property Offers A Rare Unique Chance To Develop A Multi-Unit Residential Project With Fully Approved Building Permits For Five Residential Units. The Interior Is A Blank Canvas, Completely Empty And Ready For Immediate Construction. Situated In A Desirable Investment Worthy Location, This Property Is Perfect For Those Looking To Maximize Their Return With A Ready-To-Build, Multi-Unit Opportunity. Dont Miss Out On The Chance To Bring Your Vision To Life In This Sought After Space.
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