323 Mortimer Ave

FOR SALE
$3,288,000
323 Mortimer Ave, Toronto
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
323 Mortimer Ave
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6 + 2
BEDROOMS
8
BATHROOMS
2 + 2
KITCHENS
8 + 2
ROOMS
E11912909
MLSID
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Property Description
Spectacular, Purpose-Built Fourplex in the Heart of East York! Built to the highest standards this legal 4 unit building is a great addition to any rental portfolio or better yet live in one unit and rent out the rest! This home consists of two 3 +1 bedroom, 4 bathroom Units and two Bright, Garden Level Bachelor units with huge windows and tons of light. Each unit has been finished with custom kitchens, skylights, ensuite laundry, great layouts and quality finishes. You'll be hard pressed to find a multiplex finished to this standard inside and out. Comes with parking for 2 cars also. **EXTRAS** Each unit is outfitted with custom kitchens (w/ dishwashers) and their own washer/dryer.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-09 2024-04-19 10 $4,495 $4,495 Leased
Nearby Intersections
Property Details
Property Type
Fourplex, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
33' x 110'
Fronting
South
Taxes
$10,851 (2024)
Basement
Apartment
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Rt-Of-Way
Garage Type
None
Toronto Market Statistics
Toronto Price Trend
323 Mortimer Ave is a 6-bedroom 8-bathroom home listed for sale at $3,288,000, which is $1,638,628 (99.3%) higher than the average sold price of $1,649,372 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 6 bedroom home in Toronto declined by $630,628 (27.7%) compared to the previous 30 day period (December 22 - January 20) and down $683,628 (29.3%) from the same time one year ago.
Inventory Change
There were 24 6-bedroom homes listed in Toronto over the last 30 days (January 21 - February 19), which is up 41.2% compared with the previous 30 day period (December 22 - January 20) and up 14.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
6-bedroom homes in Toronto typically sold ($138,427) (8.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $81,573 increase compared to the previous 30 day period (December 22 - January 20) and ($82,500) 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 6-bedroom homes in Toronto over the last 30 days (January 21 - February 19) stood at 20.8%, up from 5.9% over the previous 30 days (December 22 - January 20) and down from 28.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 8-bathroom home in Toronto stood at 73 days when successfully sold over the last 30 days (January 21 - February 19), compared to 94 days before being removed from the market upon being suspended or terminated.
Listing contracted with Ipro Realty Ltd
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