33 Edwin Ave
Dovercourt-Wallace Emerson-Junction, Toronto, M6P 3Z5
FOR SALE
$2,900,000
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4 + 3
BEDROOMS10
BATHROOMS2 + 2
KITCHENS12 + 4
ROOMSW10408851
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Property Description
Exceptional Multi-Unit Property With Laneway House - Live & Invest! This Rare Investment Opportunity In The Junction A Beautifully Designed Multi-Unit Property Is Perfect For Both Living And Earning Rental Income! Located In A Sought-After Neighbourhood, This Property Boasts A Main House With Two Spacious Units Plus A Finished Basement, Ideal For Flexible Living Or Additional Rental Potential. The Main House Features Huge Windows That Flood The Space With Natural Light, Skylights For An Airy, Bright Feel, And Modern Finishes Throughout. Each Unit Is Designed For Comfort And Style, With Open-Concept Layouts And High Ceilings That Enhance The Sense Of Space. At The Rear, You'll Find A Newly Built 2 Bedroom 2.5 Bathroom Laneway House, Offering Further Income Potential Or The Possibility To Sever And Sell As A Separate Property. This Modern Laneway Unit Offers Privacy And Contemporary Living Adding Significant Value To This Versatile Property. And Don't Forget The Underground Wine Cellar! Whether You're Looking To Live In One Unit And Rent The Others, Or Maximize Rental Income Across All Units, This Property Is The Perfect Blend Of Luxury And Investment. Don't Miss Out On This Opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-08 | 2024-11-05 | 28 | $3,200,000 | - | Terminated |
Extras
2 Electric Stoves, 2 Gas Stoves, 4 Fridges, 3 Dishwashers, 4 Washer And Dryers, All Electrical Light Fixtures, All Window Coverings.
Property Features
Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 3-Storey
Lot Size
28' x 145'
Lot Irregularities
Irregular
Fronting
West
Taxes
$7,200 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.91' x 9.58' | Hardwood Floor, Picture Window, Pot Lights |
| Dining | Main | 11.38' x 17.26' | Picture Window, Hardwood Floor, Pot Lights |
| Kitchen | Main | 16.63' x 9.02' | Hardwood Floor, Stainless Steel Appl, Pot Lights |
| Family | Main | 14.11' x 21.82' | Fireplace, Walk-Out, Hardwood Floor |
| Kitchen | 2nd | 13.02' x 8.86' | Tile Floor, Walk-Out, Pot Lights |
| Living | 2nd | 11.12' x 12.30' | Hardwood Floor, Pot Lights, Open Concept |
| Br | 2nd | 10.24' x 13.85' | Hardwood Floor, Picture Window, Closet |
| Br | 2nd | 12.86' x 8.60' | Hardwood Floor, Picture Window, Closet |
| Br | 2nd | 9.58' x 9.15' | Hardwood Floor, Picture Window, Closet |
| Br | 3rd | 15.06' x 21.78' | W/O To Balcony, Hardwood Floor, Ensuite Bath |
| Kitchen | Lower | 9.28' x 12.86' | Laminate, Pot Lights, Stainless Steel Appl |
| Living | Lower | 24.87' x 20.05' | Above Grade Window, Laminate, Pot Lights |
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Toronto Market Statistics
Toronto Price Trend
33 Edwin Ave is a 4-bedroom 10-bathroom home listed for sale at $2,900,000, which is $995,943 (52.3%) higher than the average sold price of $1,904,057 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Toronto declined by $84,958 (4.3%) compared to the previous 30 day period (September 21 - October 20) and down $159,815 (7.7%) from the same time one year ago.Inventory Change
There were 546 4-bedroom homes listed in Toronto over the last 30 days (October 21 - November 19), which is down 22.7% compared with the previous 30 day period (September 21 - October 20) and up 20.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Toronto typically sold ($35,760) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $7,729 decrease compared to the previous 30 day period (September 21 - October 20) and ($76,652) more 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 4-bedroom homes in Toronto over the last 30 days (October 21 - November 19) stood at 54.6%, up from 40.1% over the previous 30 days (September 21 - October 20) and up from 47.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 10-bathroom home in Toronto stood at 22 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Real Estate Ltd.
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