323 Mortimer Ave
Danforth Village-East York, Toronto, M4J 2C9
FOR SALE
$3,375,000
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6 + 2
BEDROOMS8
BATHROOMS2 + 2
KITCHENS8 + 2
ROOMSE9693366
MLSIDContact Us
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.
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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 |
Extras
Each unit is outfitted with custom kitchens (w/ dishwashers) and their own washer/dryer.
Nearby Intersections
Danforth & Greenwood (20)
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Property Details
Street
Community
City
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
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Toronto Market Statistics
Toronto Price Trend
323 Mortimer Ave is a 6-bedroom 8-bathroom home listed for sale at $3,375,000, which is $488,307 (12.6%) lower than the average sold price of $3,863,307 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 6 bedroom home in Toronto increased by $535,574 (16.1%) compared to the previous 30 day period (September 23 - October 22) and up $972,665 (33.6%) from the same time one year ago.Inventory Change
There were 23 6-bedroom homes listed in Toronto over the last 30 days (October 23 - November 21), which is down 37.8% compared with the previous 30 day period (September 23 - October 22) and up 21.1% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Toronto typically sold ($130,284) (3.4%) below asking price over the last 30 days (October 23 - November 21), which represents a $16,018 decrease compared to the previous 30 day period (September 23 - October 22) and ($121,192) 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 (October 23 - November 21) stood at 56.5%, up from 40.5% over the previous 30 days (September 23 - October 22) and down from 73.7% 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 35 days when successfully sold over the last 30 days (October 23 - November 21), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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