3048 Dundas St W
Junction Area, Toronto, M6P 1Z3
FOR SALE
$4,999,900
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9
BEDROOMS11
BATHROOMS7
KITCHENS24 + 3
ROOMSW9251465
MLSIDContact Us
Property Description
Welcome to 3048/3046/3044 Dundas St W. This three-story mixed-use building sits on a prominent corner lot in the bustling Junction area. Main floor features two long-term commercial tenants, the popular Axis Bar and an art gallery. Upper two floors feature six residential units, each with their own laundry, furnace, and A/C. All tenants pay their own utilities. Residential units include three 2-bedrooms, two bachelors, and one 1-bedroom. Truly an exceptional opportunity for investors or future developers. Don't miss out on this gem in The Junction!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-16 | 2024-08-12 | 88 | $5,250,000 | - | Expired |
Extras
VTB is available.
Nearby Intersections
St Clair & Keele (62)
Dundas & Keele (31)
Property Features
Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Multiplex, 3-Storey
Lot Size
46' x 105'
Fronting
North
Taxes
$27,105 (2024)
Basement
Finished
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Garage Type
None
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Toronto Market Statistics
Toronto Price Trend
3048 Dundas St W is a 9-bedroom 11-bathroom home listed for sale at $4,999,900, which is $1,854,900 (59.0%) higher than the average sold price of $3,145,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 9 bedroom home in Toronto increased by $1,046,112 (49.8%) compared to the previous 30 day period (September 21 - October 20) and up $1,195,000 (61.3%) from the same time one year ago.Inventory Change
There were 7 9-bedroom homes listed in Toronto over the last 30 days (October 21 - November 19), which is down 22.2% compared with the previous 30 day period (September 21 - October 20) and up 75.0% compared with the same period last year.Sold Price Above/Below Asking ($)
9-bedroom homes in Toronto typically sold ($54,900) (1.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $3,788 decrease compared to the previous 30 day period (September 21 - October 20) and ($140,000) more 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 9-bedroom homes in Toronto over the last 30 days (October 21 - November 19) stood at 14.3%, up from 11.1% over the previous 30 days (September 21 - October 20) and down from 25.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 9-bedroom 11-bathroom home in Toronto stood at 6 days when successfully sold over the last 30 days (October 21 - November 19), compared to 122 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Fine Living Realty Inc.
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