247 Prescott Ave
Weston-Pellam Park, Toronto, M6N 3G9
FOR SALE
$2,000,000
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5
BEDROOMS4
BATHROOMS4
KITCHENS10 + 5
ROOMSW8128414
MLSIDContact Us
Property Description
Looking for an incredible investment opportunity in the heart of Toronto? Look no further than thisstunning fourplex property, available now for sale! Located in a desirable neighbourhood, thisproperty offers the perfect balance of urban convenience and suburban tranquility. Each unit boastsspacious and modern interiors, designed to meet the needs of today's renters. Whether you're lookingfor a comfortable home for your family or a lucrative investment opportunity, this property has itall.With its prime location, this fourplex is just minutes away from all the best that Toronto hasto offer. Enjoy easy access to shopping, dining, and entertainment, as well as excellenttransportation links that make it easy to get around the city. Plus, with its strong rental historyand reliable income stream, this property is a smart investment that's sure to pay off for years tocome.Don't miss out on this amazing opportunity to own a piece of Toronto's thriving real estatemarket.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-28 | 2024-02-29 | 93 | $2,100,000 | - | Expired |
| 2023-07-24 | 2023-11-28 | 127 | $2,100,000 | - | Terminated |
| 2023-05-10 | 2023-07-24 | 75 | $2,200,000 | - | Terminated |
| 2019-02-09 | 2019-02-17 | 8 | $994,999 | $985,000 | Sold |
Nearby Intersections
St Clair & Caledonia (49)
Caledonia & Rogers (31)
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Property Details
Street
Community
City
Property Type
Fourplex, 3-Storey
Lot Size
37' x 65'
Fronting
East
Taxes
$4,641 (2023)
Basement
None
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 8.66' x 10.60' | Laminate |
| Kitchen | Main | 9.09' x 17.59' | Laminate, Combined W/Dining |
| Bathroom | Main | 4.99' x 6.99' | |
| Br | Main | 10.01' x 9.15' | Laminate |
| Kitchen | Main | 13.25' x 14.34' | Laminate, Combined W/Dining |
| Bathroom | Main | 8.01' x 4.99' | |
| Br | 2nd | 15.16' x 8.43' | Laminate |
| 2nd Br | 2nd | 11.52' x 9.58' | Laminate |
| Kitchen | 2nd | 10.07' x 14.99' | Laminate |
| Bathroom | 2nd | 6.00' x 6.00' | |
| Kitchen | 3rd | 10.07' x 14.99' | Combined W/Dining |
| Bathroom | 3rd | 3.28' x 6.00' |
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Toronto Market Statistics
Toronto Price Trend
247 Prescott Ave is a 5-bedroom 4-bathroom home listed for sale at $2,000,000, which is $723,143 (26.6%) lower than the average sold price of $2,723,143 in the last 30 days (March 29 - April 27). During the last 30 days the average sold price for a 5 bedroom home in Toronto increased by $375,427 (16.0%) compared to the previous 30 day period (February 28 - March 28) and down $225,189 (7.6%) from the same time one year ago.Inventory Change
There were 132 5-bedroom homes listed in Toronto over the last 30 days (March 29 - April 27), which is up 14.8% compared with the previous 30 day period (February 28 - March 28) and up 24.5% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold ($32,410) (1.2%) below asking price over the last 30 days (March 29 - April 27), which represents a $19,176 decrease compared to the previous 30 day period (February 28 - March 28) and ($17,271) 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 29 - April 27) stood at 40.9%, down from 52.2% over the previous 30 days (February 28 - March 28) and down from 67.9% 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 15 days when successfully sold over the last 30 days (March 29 - April 27), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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