289 Old Weston Rd
Weston-Pellam Park, Toronto, M6N 3A7
FOR SALE
$899,000
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2 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS6 + 2
ROOMSW9232723
MLSIDContact Us
Property Description
Unlock your financial potential with this one-of-a-kind three, one-bedroom units designed for optimal rental income up to $70,000 annually! Two units share a convenient front entrance. Meticulously renovated throughout 2018-2024 with new plumbing, electrical, ductwork and insulation for worry-free ownership. Enjoy fresh finishes and updated fixtures throughout, including most windows (replaced 2018+). Steps from the vibrant Stockyards Village, The Junction's eclectic shops and restaurants, TTC, and UP Express for effortless commuting. Benefit from rising property values with ongoing developments in this sought-after neighborhood. Capitalize on today's dropping interest rates and secure a hassle-free investment property with minimal upkeep.
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Nearby Intersections
Property Features
Fenced Yard, Park, School
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
700-1100
Lot Size
17' x 73'
Lot Irregularities
not a perfect rectangle
Fronting
East
Taxes
$3,176 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Family | 2nd | 9.25' x 10.07' | 4 Pc Bath |
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Toronto Market Statistics
Toronto Price Trend
289 Old Weston Rd is a 2-bedroom 3-bathroom home listed for sale at $899,000, which is $164,949 (15.5%) lower than the average sold price of $1,063,949 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom home in Toronto declined by $38,794 (3.5%) compared to the previous 30 day period (July 17 - August 15) and down $6,037 (0.6%) from the same time one year ago.Inventory Change
There were 205 2-bedroom homes listed in Toronto over the last 30 days (August 16 - September 14), which is up 44.4% compared with the previous 30 day period (July 17 - August 15) and up 1.5% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold ($1,459) (0.1%) below asking price over the last 30 days (August 16 - September 14), which represents a $6,882 decrease compared to the previous 30 day period (July 17 - August 15) and $31,076 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 2-bedroom homes in Toronto over the last 30 days (August 16 - September 14) stood at 47.3%, down from 64.8% over the previous 30 days (July 17 - August 15) and up from 39.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Toronto stood at 21 days when successfully sold over the last 30 days (August 16 - September 14), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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