3 Fifth St

FOR SALE
$2,199,000
3 Fifth St, Etobicoke
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5 + 2
BEDROOMS
4
BATHROOMS
3 + 1
KITCHENS
13 + 4
ROOMS
W8244552
MLSID
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Property Description
Unbeatable Lakefront Living Opportunity! Transform this meticulously kept 4-Unit Multiplex into your personalized Lakefront Haven or design your ideal living space with additional income units. Nestled in the sought-after New Toronto community, this gem sits directly on the waterfront, offering breathtaking vistas of the Toronto skyline and serene lake waters. Garage reinforced and serviced for additional unit(s) too. With Cliff Lumsdon Park just steps away, indulge in the ultimate lakeside lifestyle. Don't miss out on this rare chance to own your dream home or investment property by the water!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-02-27 2022-04-30 61 $1,850 $1,850 Leased
2021-12-03 2022-02-05 64 $1,850 - Expired
2021-09-22 2021-11-24 63 $1,875 - Expired
Property Details
Street
Community
Property Type
Detached, 2-Storey
Lot Size
37' x 120'
Fronting
East
Taxes
$7,456 (2023)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain18.44' x 11.78'Fireplace
DiningMain13.16' x 11.19'
KitchenMain11.32' x 12.99'
Prim BdrmMain10.40' x 12.63'
2nd BrMain8.99' x 9.55'
Living2nd13.94' x 10.93'Fireplace
Family2nd12.40' x 13.91'Fireplace
Kitchen2nd10.70' x 14.07'
Kitchen2nd8.96' x 7.51'
Prim Bdrm2nd12.40' x 11.35'
3rd Br2nd10.70' x 15.62'
4th Br2nd9.51' x 12.11'
Etobicoke Market Statistics
Etobicoke Price Trend
3 Fifth St is a 5-bedroom 4-bathroom home listed for sale at $2,199,000, which is $502,813 (18.6%) lower than the average sold price of $2,701,813 in the last 30 days (March 31 - April 29). During the last 30 days the average sold price for a 5 bedroom home in Etobicoke increased by $291,078 (12.1%) compared to the previous 30 day period (March 1 - March 30) and down $90,172 (3.2%) from the same time one year ago.
Inventory Change
There were 137 5-bedroom homes listed in Etobicoke over the last 30 days (March 31 - April 29), which is up 28.0% compared with the previous 30 day period (March 1 - March 30) and up 25.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Etobicoke typically sold ($38,275) (1.4%) below asking price over the last 30 days (March 31 - April 29), which represents a $19,104 decrease compared to the previous 30 day period (March 1 - March 30) and $20,727 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 5-bedroom homes in Etobicoke over the last 30 days (March 31 - April 29) stood at 40.1%, down from 49.5% over the previous 30 days (March 1 - March 30) and down from 62.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Etobicoke stood at 16 days when successfully sold over the last 30 days (March 31 - April 29), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Referred Urban, Keitner Group
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