298 South Kingsway

FOR SALE
$1,950,000
298 South Kingsway, Toronto
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
298 South Kingsway
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6
BEDROOMS
5
BATHROOMS
3
KITCHENS
15
ROOMS
W9251601
MLSID
Contact Us
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.
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
Property Features
Hospital, Park, Place Of Worship, Public Transit, School
Property Details
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
Room Summary
RoomLevelSizeFeatures
LivingMain11.91' x 15.91'Hardwood Floor, Large Window, Combined W/Dining
DiningMain11.91' x 15.91'Hardwood Floor, Pot Lights, Combined W/Living
KitchenMain12.20' x 14.40'Hardwood Floor, Quartz Counter, Pot Lights
Prim BdrmMain10.96' x 16.90'Hardwood Floor, 4 Pc Ensuite, Closet
2nd BrMain8.40' x 11.19'Hardwood Floor, Closet, Window
Living2nd16.01' x 16.90'Hardwood Floor, Large Window, Combined W/Dining
Dining2nd16.01' x 16.90'Hardwood Floor, Pot Lights, Combined W/Living
Kitchen2nd11.61' x 14.90'Hardwood Floor, Quartz Counter, Pot Lights
Prim Bdrm2nd10.89' x 10.99'Hardwood Floor, Closet, Window
2nd Br2nd8.69' x 10.99'Hardwood Floor, Closet, Window
LivingBsmt13.81' x 14.30'Combined W/Dining, Pot Lights, Laminate
KitchenBsmt10.60' x 15.29'Quartz Counter, Centre Island, Breakfast Bar
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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