298 South Kingsway
High Park-Swansea, Toronto, M6S 3T9
FOR SALE
$1,950,000
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6
BEDROOMS5
BATHROOMS3
KITCHENS15
ROOMSW9251601
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Property Description
Welcome to 298 South Kingsway in the Desirable Swansea area! Fully & Totally Renovated from Top to Bottom! Luxury Legal Triplex with 6 Bedrm and 5 Baths. Great Opportunity To Live In & Generate Income Comfortably! Open Concept Floorplan, All 3 units have 2 Bedrooms, Custom Kitchens with High End Appliances and each w separate Laundry. All Units with Separate Entrance. New Metal Roof, All New Electrical, Plumbing, HVAC systems, Windows, Solid Doors, Installation, Drywall, Floors, Custom Kitchens, Quartz Counters... 3 Separate Gas/Hydro Meters, 3 HVAC systems, 3 Furnaces, 3 HRV'S, 3 AC's, 3 Electrical panels and 3 Tankless Water Heaters. Private Parking 3 (surface) in the back Plus 2 Car Garage. Plus 3 Outdoor Storage Lookers. Great Location, Steps To Bloor West Village, High Park, Transit & Schools . This Triplex Was Made For Turnkey Investors & Owner Occupiers Alike. Over 3000sqft of Living area Plus an Existing Open Permit to add an additional 700sq in the Attic to the 3rd floor unit. Over $115k potential annual income.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-07-10 | 2024-08-12 | 33 | $2,899,000 | - | Terminated |
2021-11-01 | 2022-03-31 | 150 | $2,799,000 | - | Expired |
2021-04-22 | 2021-06-24 | 63 | $1,699,000 | $1,675,000 | Sold |
Nearby Intersections
Bloor & Jane (22)
Bloor & Kingsway (19)
Property Features
Hospital, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
28' x 154'
Fronting
West
Taxes
$7,082 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Mutual
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.91' x 15.91' | Hardwood Floor, Large Window, Combined W/Dining |
Dining | Main | 11.91' x 15.91' | Hardwood Floor, Pot Lights, Combined W/Living |
Kitchen | Main | 12.20' x 14.40' | Hardwood Floor, Quartz Counter, Pot Lights |
Prim Bdrm | Main | 10.96' x 16.90' | Hardwood Floor, 4 Pc Ensuite, Closet |
2nd Br | Main | 8.40' x 11.19' | Hardwood Floor, Closet, Window |
Living | 2nd | 16.01' x 16.90' | Hardwood Floor, Large Window, Combined W/Dining |
Dining | 2nd | 16.01' x 16.90' | Hardwood Floor, Pot Lights, Combined W/Living |
Kitchen | 2nd | 11.61' x 14.90' | Hardwood Floor, Quartz Counter, Pot Lights |
Prim Bdrm | 2nd | 10.89' x 10.99' | Hardwood Floor, Closet, Window |
2nd Br | 2nd | 8.69' x 10.99' | Hardwood Floor, Closet, Window |
Living | Bsmt | 13.81' x 14.30' | Combined W/Dining, Pot Lights, Laminate |
Kitchen | Bsmt | 10.60' x 15.29' | Quartz Counter, Centre Island, Breakfast Bar |
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Toronto Market Statistics
Toronto Price Trend
298 South Kingsway is a 6-bedroom 5-bathroom home listed for sale at $1,950,000, which is $1,799,000 (48.0%) lower than the average sold price of $3,749,000 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 6 bedroom home in Toronto increased by $2,216,000 (144.6%) compared to the previous 30 day period (July 21 - August 19) and up $1,934,834 (106.7%) from the same time one year ago.Inventory Change
There were 30 6-bedroom homes listed in Toronto over the last 30 days (August 20 - September 18), which is up 87.5% compared with the previous 30 day period (July 21 - August 19) and down 28.6% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Toronto typically sold ($388,181) (10.4%) below asking price over the last 30 days (August 20 - September 18), which represents a $253,201 decrease compared to the previous 30 day period (July 21 - August 19) and ($333) 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 6-bedroom homes in Toronto over the last 30 days (August 20 - September 18) stood at 36.7%, up from 31.2% over the previous 30 days (July 21 - August 19) and up from 14.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 5-bathroom home in Toronto stood at 60 days when successfully sold over the last 30 days (August 20 - September 18), compared to 83 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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