307 Pacific Ave
Junction Area, Toronto, M6P 2P8
FOR SALE
$2,199,000
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5 + 2
BEDROOMS7
BATHROOMS5 + 1
KITCHENS13 + 4
ROOMSW11956171
MLSIDContact Us
Property Description
Grand 2.5 Storey Victorian Multiplex On Coveted Pacific Avenue, Circa 1888 Detached With Period Brick Facade, Inviting Front Porch, 6 Well Designed Suites, Over 3,500Sq.Ft Finished On 4 Levels, 6 Hydro Meters, 5 Gas Meters, Convenient Coin-Op Laundry, Multiple Decks & Outdoor Space For Tenants, Property Fully Tenanted: $131K Gross Income, $18.5K Expenses, $112.5K Net Income. Full Interior & Mechanical Renovation in 2006, Further Significant Suite Updates in 2021 & 2024. Main Drain Replaced 2024, Roof 2021, Low Maintenance 25' X 78' Lot; Tenants Manage Refuse & Snow, Short Stroll To The Junction And Bloor West Village Shopping & Entertainment, High Park, Ttc.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-06-07 | 2022-08-30 | 85 | $1,735 | $1,735 | Leased |
Nearby Intersections
Dundas & Keele (30)
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Multiplex, 2 1/2 Storey
Lot Size
25' x 78'
Acreage
< .50
Fronting
East
Taxes
$7,747 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
None
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Toronto Market Statistics
Toronto Price Trend
307 Pacific Ave is a 5-bedroom 7-bathroom home listed for sale at $2,199,000, which is $45,103 (2.0%) lower than the average sold price of $2,244,103 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 5 bedroom home in Toronto declined by $440,370 (16.4%) compared to the previous 30 day period (December 20 - January 18) and down $60,442 (2.6%) from the same time one year ago.Inventory Change
There were 123 5-bedroom homes listed in Toronto over the last 30 days (January 19 - February 17), which is up 75.7% compared with the previous 30 day period (December 20 - January 18) and up 66.2% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold ($37,460) (1.7%) below asking price over the last 30 days (January 19 - February 17), which represents a $263,255 increase compared to the previous 30 day period (December 20 - January 18) and ($42,933) 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 5-bedroom homes in Toronto over the last 30 days (January 19 - February 17) stood at 32.5%, up from 27.1% over the previous 30 days (December 20 - January 18) and down from 52.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 7-bathroom home in Toronto stood at 31 days when successfully sold over the last 30 days (January 19 - February 17), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Connect Realty
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