324 Salem Ave
Dovercourt-Wallace Emerson-Junction, Toronto, M6H 3C7
FOR SALE
$798,000
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Property Description
Attention investors and renovators. Don't miss this opportunity to own a home in this great neighbourhood. A condo alternative with great potential for customization to become your dream home! Two bedrooms, two bathrooms, 9 foot ceilings on the main floor. Walk-out to deck, fenced in backyard, and a full unfinished basement.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2-Storey
Lot Size
18' x 93'
Fronting
West
Taxes
$4,491 (2023)
Basement
Full, Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.42' x 13.09' | Open Concept, Hardwood Floor |
| Dining | Main | 10.07' x 7.28' | Open Concept, Hardwood Floor |
| Kitchen | Main | 7.28' x 8.17' | Open Concept, Hardwood Floor |
| Laundry | Main | 5.38' x 6.40' | 2 Pc Bath, W/O To Deck |
| Prim Bdrm | 2nd | 10.79' x 13.19' | Wood Floor, Closet, Window |
| 2nd Br | 2nd | 10.07' x 9.09' | Wood Floor, Closet, Window |
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Toronto Market Statistics
Toronto Price Trend
324 Salem Ave is a 2-bedroom 2-bathroom home listed for sale at $798,000, which is $358,957 (31.0%) lower than the average sold price of $1,156,957 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 2 bedroom home in Toronto increased by $75,552 (7.0%) compared to the previous 30 day period (July 30 - August 28) and up $104,543 (9.9%) from the same time one year ago.Inventory Change
There were 245 2-bedroom homes listed in Toronto over the last 30 days (August 29 - September 27), which is up 64.4% compared with the previous 30 day period (July 30 - August 28) and up 10.4% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold $7,097 (0.6%) above asking price over the last 30 days (August 29 - September 27), which represents a $3,531 decrease compared to the previous 30 day period (July 30 - August 28) and $26,555 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 2-bedroom homes in Toronto over the last 30 days (August 29 - September 27) stood at 39.6%, down from 67.8% over the previous 30 days (July 30 - August 28) and up from 38.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Toronto stood at 15 days when successfully sold over the last 30 days (August 29 - September 27), compared to 51 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Professionals Inc.
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