FOR SALE
$1,499,900
29 Wade Ave, Toronto
29 Wade Ave
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6 + 1
BEDROOMS
3
BATHROOMS
3
KITCHENS
9 + 2
ROOMS
W8121976
MLSID
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Property Description
Licensed Rooming House, With 8 Rooms Renting, Plus Basement. Great Investment, Property Is In Great Condition. Fire Alarm System & Smoke Detectors.
Extras
3 Fridges, 3 Stoves (All Appliances In As Condition), Gb&E, Hot Water Tank (R)
Nearby Intersections
Property Details
Street
Property Type
Semi-Detached, 3-Storey
Lot Size
20' x 124'
Fronting
South
Taxes
$5,097 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
None
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain8.92' x 10.93'
KitchenMain9.94' x 15.88'
BrMain8.92' x 8.92'
BrMain9.94' x 9.94'
Kitchen2nd10.93' x 9.94'
Br2nd9.94' x 15.91'
Br2nd7.94' x 7.94'
Br2nd5.97' x 7.94'
3rd Br3rd9.94' x 9.94'
Toronto Market Statistics
Toronto Price Trend
29 Wade Ave is a 6-bedroom 3-bathroom home listed for sale at $1,499,900, which is $1,427,528 (48.8%) lower than the average sold price of $2,927,428 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 6 bedroom home in Toronto increased by $555,428 (23.4%) compared to the previous 30 day period (February 27 - March 27) and up $418,783 (16.7%) from the same time one year ago.
Inventory Change
There were 23 6-bedroom homes listed in Toronto over the last 30 days (March 28 - April 26), which is down 0.0% compared with the previous 30 day period (February 27 - March 27) and down 23.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
6-bedroom homes in Toronto typically sold $181,270 (6.2%) above asking price over the last 30 days (March 28 - April 26), which represents a $345,703 increase compared to the previous 30 day period (February 27 - March 27) and $3,554 more 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 6-bedroom homes in Toronto over the last 30 days (March 28 - April 26) stood at 73.9%, up from 39.1% over the previous 30 days (February 27 - March 27) and up from 36.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in Toronto stood at 18 days when successfully sold over the last 30 days (March 28 - April 26), compared to 63 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Local Real Estate Ltd.
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