317 Jones Ave
South Riverdale, Toronto, M4M 3A7
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3 + 3
BEDROOMS2
BATHROOMS2
KITCHENS12 + 2
ROOMSE8289290
MLSIDContact Us
Property Description
Now, with a Vacant Apartment ready for you to Move in or Rent out! This Fully Renovated Duplex in South Riverdale presents a rare investment opportunity. Imagine living in your home and collecting an extra $2,550 per month! Priced such that its cash flows with the current rental income generating over 5% Cap Rate and potentially 6.5% Cap Rate. 2 Eat-In Kitchens, 2 Upgraded Full Baths & 2 Laundries, a maintenance-free backyard and a fully fenced for privacy. Located right in front of TTC stop! 5 min to Pape & Coxwell stations. Beyond the property, South Riverdale offers a vibrant, diverse community and an array of local amenities, including trendy cafes, Leslieville restaurant row, boutique shops, and green spaces like Greenwood & Monarch Park. Minutes to Leslieville Public School, Riverdale High School & other highly rated schools. 9 min to Riverdale Farm for Family fun & a high walk score of 87! Don't miss this opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-02-25 | 2022-03-21 | 23 | $2,350 | $2,350 | Leased |
| 2020-02-05 | 2020-03-19 | 43 | $2,299 | $2,200 | Leased |
| 2019-12-28 | 2020-02-06 | 40 | $2,499 | - | Terminated |
| 2019-11-18 | 2019-12-28 | 40 | $2,750 | - | Terminated |
| 2019-11-06 | 2019-11-18 | 12 | $2,950 | - | Terminated |
Property Features
Beach, Hospital, Park, Public Transit, School, Waterfront
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Property Details
Street
Community
City
Property Type
Duplex, 2 1/2 Storey
Lot Size
21' x 50'
Fronting
East
Taxes
$3,615 (2023)
Basement
Finished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 8.92' x 12.86' | Large Window, Laminate |
| Kitchen | Main | 8.92' x 11.71' | Stainless Steel Appl, Quartz Counter, Eat-In Kitchen |
| 2nd Br | Main | 9.48' x 15.16' | Window, Laminate |
| Mudroom | Main | 4.82' x 6.00' | Laminate, Window |
| Family | 2nd | 10.14' x 10.24' | Window, Laminate, Pot Lights |
| Kitchen | 2nd | 6.69' x 10.17' | Stainless Steel Appl, Backsplash, Eat-In Kitchen |
| Office | 2nd | 9.45' x 10.24' | Large Window, Laminate, French Doors |
| 3rd Br | 2nd | 7.84' x 8.04' | Window, Laminate |
| Prim Bdrm | 3rd | 17.52' x 18.60' | Window, Closet, Laminate |
| Rec | Bsmt | 8.23' x 23.79' | Laminate, Pot Lights, Combined W/Laundry |
| 4th Br | Bsmt | 8.01' x 9.68' | Window, Closet, Laminate |
| 5th Br | Bsmt | 9.58' x 9.68' | Closet, Laminate |
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Toronto Market Statistics
Toronto Price Trend
317 Jones Ave is a 3-bedroom 2-bathroom home listed for sale at $998,800, which is $424,372 (29.8%) lower than the average sold price of $1,423,172 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Toronto increased by $87,800 (6.6%) compared to the previous 30 day period (March 15 - April 13) and down $42,855 (2.9%) from the same time one year ago.Inventory Change
There were 1,201 3-bedroom homes listed in Toronto over the last 30 days (April 14 - May 13), which is up 57.8% compared with the previous 30 day period (March 15 - April 13) and up 26.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Toronto typically sold $75,399 (5.3%) above asking price over the last 30 days (April 14 - May 13), which represents a $7,486 decrease compared to the previous 30 day period (March 15 - April 13) and $110,072 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 (April 14 - May 13) stood at 45.6%, down from 83.8% over the previous 30 days (March 15 - April 13) and down from 69.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Toronto stood at 13 days when successfully sold over the last 30 days (April 14 - May 13), compared to 32 days before being removed from the market upon being suspended or terminated.Listing contracted with Search Realty
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