250 Gilbert Ave

FOR SALE
$1,288,800
250 Gilbert Ave, Toronto
250 Gilbert Ave
250 Gilbert Ave
250 Gilbert Ave
250 Gilbert Ave
250 Gilbert Ave
250 Gilbert Ave
250 Gilbert Ave
250 Gilbert Ave
250 Gilbert Ave
250 Gilbert Ave
250 Gilbert Ave
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250 Gilbert Ave
250 Gilbert Ave
250 Gilbert Ave
250 Gilbert Ave
250 Gilbert Ave
250 Gilbert Ave
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250 Gilbert Ave
250 Gilbert Ave
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250 Gilbert Ave
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250 Gilbert Ave
250 Gilbert Ave
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3 + 1
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
11
ROOMS
W8444834
MLSID
Contact Us
Property Description
**Incredible investment opportunity awaits! This fully renovated home (legal duplex) in a family-friendly neighborhood boasts three separate entrances, new kitchens with quartz countertops, and upgraded main floor bathroom. With three separate entrances, upgraded electrical, plumbing, and some windows. This turn-key property is ready to rent out and there is a possibility to make $6,000 + in rent per month, $ 72,000 + per year. Or for you to live in one unit and rent out the rest. Situated just minutes away from the future Eglinton LRT and Caledonia Go Station, and close to parks, schools, and stores, convenience is key. Included extras feature new stoves, microwaves, dishwashers, and washer and dryer machines for each unit, while the potential to build a laneway house or garden suite (check with City) adds even more value to this great investment opportunity. Don't hesitate seize this chance now!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-06-21 2020-07-23 32 $1,250 $1,200 Leased
Extras
1st Floor: Stove, stainless fridge, microwave, built-in dishwasher, W/D. 2nd Floor: stove, stainless steel fridge, microwave, built-in dishwasher, W/D. Basement: gas stove, fridge, W/D. Furnace and AC/2021, Shingles upgraded 2023.
Nearby Intersections
Property Details
Property Type
Semi-Detached, 2-Storey
Lot Size
19' x 110'
Fronting
West
Taxes
$4,227 (2024)
Basement
Sep Entrance, W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain9.51' x 6.23'Window, Laminate, Quartz Counter
DiningMain5.25' x 10.50'Window, Laminate, Ceramic Floor
LivingMain7.55' x 10.50'Window, Laminate
BrMain9.51' x 9.51'Closet, Window
Kitchen2nd7.87' x 13.45'Eat-In Kitchen, Window, Quartz Counter
Living2nd9.51' x 7.87'Window, Vinyl Floor
Br2nd9.51' x 11.15'Window, Closet, Vinyl Floor
DiningBsmt5.91' x 9.19'Vinyl Floor, Window
KitchenBsmt11.81' x 9.19'Vinyl Floor
LivingBsmt12.47' x 13.12'Vinyl Floor
BrBsmt7.55' x 10.83'Vinyl Floor
Toronto Market Statistics
Toronto Price Trend
250 Gilbert Ave is a 3-bedroom 3-bathroom home listed for sale at $1,288,800, which is $44,512 (3.3%) lower than the average sold price of $1,333,312 in the last 30 days (June 5 - July 4). During the last 30 days the average sold price for a 3 bedroom home in Toronto declined by $66,602 (4.8%) compared to the previous 30 day period (May 6 - June 4) and down $48,693 (3.5%) from the same time one year ago.
Inventory Change
There were 1,202 3-bedroom homes listed in Toronto over the last 30 days (June 5 - July 4), which is up 7.4% compared with the previous 30 day period (May 6 - June 4) and up 18.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Toronto typically sold $31,256 (2.3%) above asking price over the last 30 days (June 5 - July 4), which represents a $30,359 decrease compared to the previous 30 day period (May 6 - June 4) and $87,742 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 (June 5 - July 4) stood at 49.6%, down from 57.3% over the previous 30 days (May 6 - June 4) and down from 83.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Toronto stood at 13 days when successfully sold over the last 30 days (June 5 - July 4), compared to 34 days before being removed from the market upon being suspended or terminated.
Listing contracted with Exp Realty
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