2534 St Clair Ave W
Rockcliffe-Smythe, Toronto, M6N 1L6
FOR SALE
$975,000
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4 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS10 + 3
ROOMSW8433470
MLSIDContact Us
Property Description
Renovated three unit building set to earn ~$67,500/yr at St Clair W and Runnymede! ~6% cap rate and cash flowing $1100+/mth if financed at 70% LTV (or $550+/mth at 80% LTV). Two renovated units (main & basement currently occupied by kind and reliable tenants on month-to-month leases. The second floor unit is vacant and ready for a new tenant or for owner occupancy - recently renovated including new kitchen w/ white cabinetry and quartz countertops. Transit, shopping, parks, golf, and cultural points of interest nearby. All units have separate entrances abundant privacy. The main floor unit boasts an extended floor plan and a private courtyard. Click the "More Information" button on Realtor.ca for financials.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-09-28 | 2021-11-22 | 55 | $2,000 | $2,000 | Leased |
| 2020-08-27 | 2020-09-13 | 17 | $2,350 | $2,350 | Leased |
Extras
Order of photos: Exterior, vacant upper, tenanted main, tenanted basement, mechanical, laundry.
Nearby Intersections
St Clair & O'Connor (21)
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2-Storey
Lot Size
17' x 83'
Fronting
North
Taxes
$2,732 (2023)
Basement
Apartment
Exterior
Alum Siding, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.22' x 13.81' |
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Toronto Market Statistics
Toronto Price Trend
2534 St Clair Ave W is a 4-bedroom 3-bathroom home listed for sale at $975,000, which is $1,104,723 (53.1%) lower than the average sold price of $2,079,723 in the last 30 days (June 4 - July 3). During the last 30 days the average sold price for a 4 bedroom home in Toronto declined by $98,307 (4.5%) compared to the previous 30 day period (May 5 - June 3) and up $97,705 (4.9%) from the same time one year ago.Inventory Change
There were 687 4-bedroom homes listed in Toronto over the last 30 days (June 4 - July 3), which is up 3.9% compared with the previous 30 day period (May 5 - June 3) and up 21.2% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Toronto typically sold ($4,137) (0.2%) below asking price over the last 30 days (June 4 - July 3), which represents a $26,076 decrease compared to the previous 30 day period (May 5 - June 3) and $41,050 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 4-bedroom homes in Toronto over the last 30 days (June 4 - July 3) stood at 38.9%, down from 48.3% over the previous 30 days (May 5 - June 3) and down from 69.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Toronto stood at 17 days when successfully sold over the last 30 days (June 4 - July 3), compared to 40 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Integrity Realty
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