3 Federal St

FOR SALE
$1,099,888
3 Federal St, Toronto
3 Federal St
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8 + 2
BEDROOMS
3
BATHROOMS
2
KITCHENS
8 + 2
ROOMS
C9507174
MLSID
Contact Us
Property Description
Location!! Attention Investors & Big Families. Renovated Lovely Bright Spacious Duplex W/2 Separate Units & Parking, $$$ Spend On Renovations, Brand New AC(2024), High Efficiency Furnace(Oct.2011).Phenomenal DownTown Location, Close To Queen St, Kensington Market, Steps To The Public Transport, Hospitals, Lake, Restaurants and All DT Amenities. Fantastic Investment: You Can Live In One Unit And Rent Another One. Upper Level w/4 BDRms, Lower Level w/4 BDRms, Total 3 WRs.This House Has Everything a Family Needs with Extra Space for Multi Generational Living or Potential for Air BNB or Multiple Uses. So Much Space and So Many Possibilities. Rare to Find. Great Deal!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-09 2024-10-23 14 $1,149,888 - Terminated
2024-09-27 2024-10-08 11 $1,199,888 - Terminated
2024-09-18 2024-09-27 9 $999,888 - Terminated
Extras
Inclusions: 2 Fridges, 2 Stoves, Range Hood
Nearby Intersections
Property Features
Hospital, Place Of Worship, Public Transit
Property Details
Property Type
Semi-Detached, 2-Storey
Lot Size
19' x 57'
Fronting
East
Taxes
$5,250 (2024)
Basement
Sep Entrance, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
Prim Bdrm2nd8.69' x 10.76'Laminate, Window
2nd Br2nd7.25' x 13.48'Laminate, Window
3rd Br2nd6.99' x 15.19'Laminate, Window
Kitchen2nd9.94' x 11.55'Open Concept, Window, Tile Floor
4th BrMain9.35' x 10.76'Laminate, Window
KitchenMain10.20' x 13.91'Combined W/Dining, Tile Floor
5th BrMain8.17' x 8.79'Laminate, Window
BrMain8.73' x 8.89'Laminate, Window
BrBsmt11.75' x 13.16'Laminate, Window
BrBsmt8.79' x 13.29'Laminate, Window
Toronto Market Statistics
Toronto Price Trend
3 Federal St is a 8-bedroom 3-bathroom home listed for sale at $1,099,888, which is $975,112 (47.0%) lower than the average sold price of $2,075,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 8 bedroom home in Toronto declined by $1,454,942 (41.2%) compared to the previous 30 day period (September 21 - October 20) and down $480,000 (18.8%) from the same time one year ago.
Inventory Change
There were 8 8-bedroom homes listed in Toronto over the last 30 days (October 21 - November 19), which is down 20.0% compared with the previous 30 day period (September 21 - October 20) and up 60.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
8-bedroom homes in Toronto typically sold ($125,000) (6.0%) below asking price over the last 30 days (October 21 - November 19), which represents a $111,693 decrease compared to the previous 30 day period (September 21 - October 20) and $157,500 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 8-bedroom homes in Toronto over the last 30 days (October 21 - November 19) stood at 12.5%, down from 40.0% over the previous 30 days (September 21 - October 20) and down from 40.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 8-bedroom 3-bathroom home in Toronto stood at 11 days when successfully sold over the last 30 days (October 21 - November 19), compared to 120 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc.
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