33 Edwin Ave
Dovercourt-Wallace Emerson-Junction, Toronto, M6P 3Z5
FOR SALE
$2,250,000
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7 + 1
BEDROOMS10
BATHROOMS3 + 1
KITCHENS14 + 3
ROOMSW11969817
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Property Description
Multi-Generational Opportunity with LANEWAY Suite. Main House Consists Of 4-Storeys Of Luxury Living Space. 3 Bedrooms 4 Bathrooms High Ceilings, Main Floor Family Room With Floor To Ceiling Windows & Gas Fireplace. Pot-lights, Hardwood Floors, Modern Floating Stairs, Glass Railings, Premium Finishes & Fixtures. Galley Kitchen With Stone Counters & S/S Appliances. Primary Bedroom On 3rd Floor With Private Terrace, World Class Ensuite & W/I Closets. Easily Could Be Rented For $4500/mth Plus Utilities. Above Grade Legal Unit With 2 Beds 1 Bath. Currently Tenanted With AAA Tenants Paying $2,800/mth + Hydro. Bsmt Unit Is 1 Bed 1 Bath And Newly Constructed With High Ceilings And Private Entrance $1,200/mth + Hydro. All Units Have Separate Hydro Metres & Laundry. Laneway Suite Is As Nice As it Gets, 2 Bed 3 Baths. Modern Polished Concrete Flooring On Main Level, Open Concept Kitchen, Secret Wine Cellar Underground, Access To Laneway & Private Patio. Upper Floor Primary Bedroom With Ensuite. Thoughtfully Designed And Tastefully Decorated For Any Use. Fantastic Location, Walk To UP Station, Local Cafes, Resto's, Grocery Stores, Parks, Bike Trail And Subway. Current Owner Runs STR But Long Term Rental Suggest $3500/Mth Plus Hydro Could Be Obtained. Potential $12k Per Month Gross Income! Owner Occupied Main House, Laneway STR, No Financials Or Floorplans Available.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-12-13 | 2025-02-12 | 61 | $2,500,000 | - | Terminated |
| 2024-11-05 | 2024-12-05 | 30 | $2,900,000 | - | Terminated |
| 2024-10-08 | 2024-11-05 | 28 | $3,200,000 | - | Terminated |
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
30' x 145'
Lot Irregularities
laneway suite
Fronting
East
Taxes
$12,167 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Family | Ground | 14.11' x 21.82' | Hardwood Floor, Pot Lights, Fireplace |
| Dining | Ground | 11.38' x 17.26' | Hardwood Floor, Pot Lights |
| Kitchen | Ground | 9.02' x 16.63' | Hardwood Floor, Pot Lights |
| Living | Ground | 9.58' x 11.91' | Hardwood Floor, Pot Lights |
| Kitchen | 2nd | 8.86' x 13.02' | Tile Floor |
| Living | 2nd | 11.12' x 12.30' | Hardwood Floor |
| Br | 2nd | 10.24' x 13.85' | Hardwood Floor |
| Br | 2nd | 8.60' x 12.86' | Hardwood Floor |
| Br | 2nd | 9.15' x 9.58' | Hardwood Floor |
| Br | 3rd | 15.06' x 21.78' | Hardwood Floor, Ensuite Bath, W/O To Balcony |
| Kitchen | Bsmt | 9.28' x 12.86' | Laminate, Pot Lights |
| Living | Bsmt | 20.05' x 24.87' | Laminate, Pot Lights |
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Toronto Market Statistics
Toronto Price Trend
33 Edwin Ave is a 7-bedroom 10-bathroom home listed for sale at $2,250,000, which is $333,333 (12.9%) lower than the average sold price of $2,583,333 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 7 bedroom home in Toronto increased by $633,333 (32.5%) compared to the previous 30 day period (December 22 - January 20) and down $1,288,083 (33.3%) from the same time one year ago.Inventory Change
There were 11 7-bedroom homes listed in Toronto over the last 30 days (January 21 - February 19), which is up 175.0% compared with the previous 30 day period (December 22 - January 20) and up 22.2% compared with the same period last year.Sold Price Above/Below Asking ($)
7-bedroom homes in Toronto typically sold ($115,000) (4.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $123,888 increase compared to the previous 30 day period (December 22 - January 20) and ($226,583) 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 7-bedroom homes in Toronto over the last 30 days (January 21 - February 19) stood at 27.3%, up from 25.0% over the previous 30 days (December 22 - January 20) and down from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 7-bedroom 10-bathroom home in Toronto stood at 43 days when successfully sold over the last 30 days (January 21 - February 19), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Realty Inc.
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