FOR SALE
$2,199,000
316 Salem Ave, Toronto
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
316 Salem Ave
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3 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
8 + 2
ROOMS
W8398386
MLSID
Contact Us
Property Description
Welcome to 316 Salem Ave in the vibrant neighbourhood of Dovercourt Village, this exquisite Detached Home stands as a testament to modern elegance and comfort. As you step inside the home, you're greeted by the allure of a Fully Renovated Interior adorned with sleek finishes and Modern design touches. Offering 4 Beds 4 Baths, 2 Laundry Areas, New waterproofed and Underpinned Basement with a Separate Entrance including a Kitchenette, Bathroom and Bedroom along with an Expansive Backyard Perfect for Family Activities. Features such as a Coffered Ceiling, Hickory Wood Floors, Gas Fireplace, and Black Framed Glass throughout. 1 Parking Spot available allowing for effortless exploration of all that Toronto has to offer. Welcome Home! *Fully renovated Home Exterior and Interior down to the studs! Brand new Electrical, Plumbing and HVAC.*
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-22 2024-06-02 11 $2,298,000 - Terminated
2024-05-15 2024-05-22 7 $1,999,000 - Terminated
2023-02-07 2023-02-21 14 $1,095,000 $1,053,000 Sold
Nearby Intersections
Property Features
Fenced Yard, Hospital, Library, Park, Place Of Worship, Public Transit
Property Details
Street
Property Type
Detached, 2-Storey
Lot Size
25' x 138'
Acreage
< .50
Fronting
West
Taxes
$5,757 (2023)
Basement
Fin W/O
Exterior
Stucco/Plaster, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Front Yard
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain13.25' x 16.01'
DiningMain10.66' x 14.93'
KitchenMain16.01' x 11.58'
FamilyMain12.07' x 15.58'Marble Fireplace
Prim Bdrm2nd14.50' x 12.93'3 Pc Ensuite
Loft2nd11.58' x 12.93'
2nd Br2nd8.66' x 10.01'
3rd Br2nd11.32' x 11.68'
RecBsmt21.49' x 12.66'Wet Bar
4th BrBsmt11.75' x 5.74'3 Pc Ensuite
Toronto Market Statistics
Toronto Price Trend
316 Salem Ave is a 3-bedroom 4-bathroom home listed for sale at $2,199,000, which is $848,464 (62.8%) higher than the average sold price of $1,350,536 in the last 30 days (May 31 - June 29). During the last 30 days the average sold price for a 3 bedroom home in Toronto declined by $56,506 (4.0%) compared to the previous 30 day period (May 1 - May 30) and down $64,023 (4.5%) from the same time one year ago.
Inventory Change
There were 1,144 3-bedroom homes listed in Toronto over the last 30 days (May 31 - June 29), which is up 1.6% compared with the previous 30 day period (May 1 - May 30) and up 8.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Toronto typically sold $35,718 (2.6%) above asking price over the last 30 days (May 31 - June 29), which represents a $35,021 decrease compared to the previous 30 day period (May 1 - May 30) and $97,524 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 3-bedroom homes in Toronto over the last 30 days (May 31 - June 29) stood at 55.7%, up from 53.0% over the previous 30 days (May 1 - May 30) and down from 77.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Toronto stood at 12 days when successfully sold over the last 30 days (May 31 - June 29), compared to 36 days before being removed from the market upon being suspended or terminated.
Listing contracted with The Agency
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