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Property Description
This full three storey brick and stone house is situated in the prestigious Republic of Rathnelly. This is a rarely available investment opportunity on this stretch of Avenue Rd. Three spacious units over 3500 SqFt (Include Bsmt) with ideal layout and design. The second and third floor make up a very large 3 bedroom apartment and could be split into two apartments. The first floor and basement were previously used for commercial, seller has plans and drawings to convert them into two more, two bedroom units (drawings available on request) with potential for high rents. Prime Toronto real estate location. Short walk to Yorkville, Summerhill, Dupont strip, Annex, Casa Loma, ROM, minutes to the downtown core. Convenient TTC access with a 10 minute walk to Summer or Dupont TTC stations. Four (4) car private parking at rear of building. Great work/live opportunity! Tons of Potential! Floor plans for potential renovation and walk through video available on request.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-12-13 | 2025-02-05 | 54 | $2,599,888 | - | Terminated |
2024-08-13 | 2024-11-30 | 110 | $2,599,000 | - | Expired |
Nearby Intersections
Yonge & St Clair (118)
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Property Details
Street
Community
City
Property Type
Semi-Detached, 3-Storey
Lot Size
20' x 122'
Fronting
West
Taxes
$7,024 (2024)
Basement
Part Fin, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
4
Driveway
Lane
Garage Type
None
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Toronto Market Statistics
Toronto Price Trend
284 Avenue Rd is a 3-bedroom 3-bathroom home listed for sale at $2,100,000, which is $807,402 (62.5%) higher than the average sold price of $1,292,598 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Toronto increased by $71,412 (5.8%) compared to the previous 30 day period (December 22 - January 20) and down $8,210 (0.6%) from the same time one year ago.Inventory Change
There were 676 3-bedroom homes listed in Toronto over the last 30 days (January 21 - February 19), which is up 105.5% compared with the previous 30 day period (December 22 - January 20) and up 23.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Toronto typically sold $27,264 (2.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $35,980 increase compared to the previous 30 day period (December 22 - January 20) and $32,657 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 (January 21 - February 19) stood at 52.8%, down from 53.2% over the previous 30 days (December 22 - January 20) and down from 73.4% 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 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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