355 Lansdowne Ave
Dufferin Grove, Toronto, M6H 3Y2
FOR SALE
$1,549,000
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2 + 2
BEDROOMS3
BATHROOMS2 + 1
KITCHENS6 + 4
ROOMSC8265738
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Property Description
Legal Triplex on Lansdowne Avenue available for sale. Nestled in a vibrant neighborhood, this legal triplex offers three self-contained units, each well maintained and ready for their next occupant.The upper level features a charming 1-bedroom unit, with new tiling in the kitchen. Great open living and dining space as well as a spacious bedroom.On the main level, another welcoming 1-bedroom unit awaits, featuring an open-concept layout and modern finishes throughout. Perfect for professionals or couples seeking a cozy retreat in the heart of the city, this unit offers both comfort and convenience.Descend to the basement, where a 2-bedroom unit awaits its new occupants. Recently upgraded with new flooring.All units contain ensuite laundry.With all units currently vacant and ready to rent, now is the perfect time to seize this investment opportunity. Situated in a highly desirable location, residents will enjoy easy access to transit, parks, and a plethora of amenities, ensuring a desirable lifestyle for years to come.
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Property Features
Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
20' x 144'
Fronting
East
Taxes
$4,824 (2024)
Basement
Apartment, Fin W/O
Exterior
Brick
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 | 10.01' x 12.40' | Hardwood Floor, Bay Window, Ceiling Fan |
| Kitchen | Main | 8.01' x 15.26' | Tile Floor, Window, Combined W/Laundry |
| Br | Main | 10.99' x 12.66' | Hardwood Floor, Fireplace, Window |
| Living | 2nd | 11.68' x 12.24' | Hardwood Floor, Ceiling Fan, Window |
| Kitchen | 2nd | 8.01' x 15.26' | Stainless Steel Appl, Backsplash, W/O To Deck |
| Br | 2nd | 12.99' x 15.26' | Hardwood Floor, W/I Closet, Large Window |
| Living | Lower | 8.01' x 13.58' | Laminate, Pot Lights, Window |
| Kitchen | Lower | 6.99' x 12.60' | Stainless Steel Appl, Double Sink |
| Br | Lower | 10.24' x 11.75' | Laminate, Window |
| Br | Lower | 6.33' x 11.81' | Laminate, Window |
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Toronto Market Statistics
Toronto Price Trend
355 Lansdowne Ave is a 2-bedroom 3-bathroom home listed for sale at $1,549,000, which is $415,927 (36.7%) higher than the average sold price of $1,133,073 in the last 30 days (April 8 - May 7). During the last 30 days the average sold price for a 2 bedroom home in Toronto increased by $36,327 (3.3%) compared to the previous 30 day period (March 9 - April 7) and down $132,903 (10.5%) from the same time one year ago.Inventory Change
There were 243 2-bedroom homes listed in Toronto over the last 30 days (April 8 - May 7), which is up 66.4% compared with the previous 30 day period (March 9 - April 7) and up 48.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold $90,884 (8.0%) above asking price over the last 30 days (April 8 - May 7), which represents a $18,324 increase compared to the previous 30 day period (March 9 - April 7) and $74,456 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 2-bedroom homes in Toronto over the last 30 days (April 8 - May 7) stood at 52.7%, down from 72.6% over the previous 30 days (March 9 - April 7) and down from 75.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Toronto stood at 12 days when successfully sold over the last 30 days (April 8 - May 7), compared to 40 days before being removed from the market upon being suspended or terminated.Listing contracted with Berkshire Hathaway Homeservices Toronto Realty
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