3 Claxton Blvd
Humewood-Cedarvale, Toronto, M6C 1L6
FOR SALE
$7,600,000
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BEDROOMS19
BATHROOMS1
KITCHENS63
ROOMSC8364066
MLSIDContact Us
Property Description
Opportunity To Acquire This 19-Suite, Boutique Apartment Building In The Heart of Cedarvale. This Turnkey Investment Offers 13 x 1Bedroom Suites And 6 x 1+Den Suites.10 Suites Have Undergone Extensive Renovations. Upgrades To Common Area Including Laundry Room, Carpeting And Paint In Hallways. 19 Storage Lockers, 19 Bike Storage Racks. COA Approval To Build An Additional 4 Suites In the Basement. ShortWalk To St. Clair West Subway (500m), Forest Hill Village, Hillcrest Village And Cedarvale Park. Assumable CMHC Insured 1st Mortgage For An Additional 2 Years At An Attractive Interest Rate. Clean Phase 2 ESA.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-08-28 | 2023-12-19 | 113 | $7,999,000 | - | Suspended |
| 2023-06-01 | 2023-08-28 | 88 | $8,550,000 | - | Terminated |
Extras
Legal Description Cont'd: ...M367 YORK; TORONTO , CITY OF TORONTO
Nearby Intersections
St Clair & Bathurst (54)
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Property Details
Street
Community
City
Property Type
Multiplex, 3-Storey
Lot Irregularities
Irregular
Fronting
South
Taxes
$32,381 (2023)
Basement
None
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
1
Driveway
Mutual
Garage Type
None
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Toronto Market Statistics
Toronto Price Trend
3 Claxton Blvd is a 1-bedroom 19-bathroom home listed for sale at $7,600,000, which is $6,831,957 (889.5%) higher than the average sold price of $768,043 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom home in Toronto declined by $628,284 (45.0%) compared to the previous 30 day period (September 21 - October 20) and up $77,543 (11.2%) from the same time one year ago.Inventory Change
There were 5 1-bedroom homes listed in Toronto over the last 30 days (October 21 - November 19), which is down 44.4% compared with the previous 30 day period (September 21 - October 20) and down 28.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom homes in Toronto typically sold ($26,429) (3.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $83,631 decrease compared to the previous 30 day period (September 21 - October 20) and $65,550 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 1-bedroom homes in Toronto over the last 30 days (October 21 - November 19) stood at 160.0%, up from 88.9% over the previous 30 days (September 21 - October 20) and up from 28.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 19-bathroom home in Toronto stood at 17 days when successfully sold over the last 30 days (October 21 - November 19), compared to 90 days before being removed from the market upon being suspended or terminated.Listing contracted with Source 4 Realty Inc.
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