37 Garden Ave
Roncesvalles, Toronto, M6R 1H5
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4 + 2
BEDROOMS4
BATHROOMS2 + 1
KITCHENS18
ROOMSW11955639
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Property Description
Calling all investors and end-users! This turn-key, detached, W-I-D-E & exceptional south-facing Victorian (c.1885) 2.5 storey home is located in the heart of Roncesvalles Village and boasts a sprawling floorplan with over 3,200 sq.ft. of finished living space spread over four levels. Substantially renovated since 2016, this home presently offers three large, practical, all two-bedroom units (each with rare designated laneway parking) ranging in size from a 1,200 sq.ft. 2nd/3rd floor showstopper to a 960 sq.ft. high, dry & underpinned (8'+) lower-level unit with heated floors, with a third 980 sq.ft. main-floor two-bedroom unit that is vacant and ready for your move-in, new tenants at today's rent or renovation project to create your dream space while collecting rent from the lower-level and upper units. Possibilities abound; Enjoy the property as-is, build a possible 1,600 sq.ft.+ laneway suite (report attached) or build into a huge single-family home in one of the best neighbourhoods in the city, close to excellent schools, transit, restaurants and entertainment. All the heavy lifting has been done here; Hundreds of thousands of dollars in updates since 2016 include deep underpinning, electrical (200 amp), hardwired smoke/CO detectors, plumbing, flooring (basement heated), three complete sets of new appliances, removable partition walls, exterior paint, etc. In brief: wide, detached & renovated Victorian in prime Roncesvalles with 4+2 bedrooms, four washrooms, two stairwells (front & rear), three parking and $100K+ possible (but very achievable) gross income when fully leased.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-07-18 | 2023-07-31 | 13 | $2,300 | $2,325 | Leased |
2021-05-31 | 2021-07-07 | 37 | $1,750 | $2,000 | Leased |
2019-08-30 | 2019-09-28 | 29 | $2,150 | $2,100 | Leased |
Extras
Sky-high ceilings and loads of original charm are paired with laneway house, further multi-unit or single family (5+ bed) possibilities.
Property Features
Fenced Yard, Hospital, Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
25' x 125'
Fronting
South
Taxes
$9,664 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Lane
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 14.76' x 11.52' | |
Kitchen | Main | 12.40' x 14.99' | Combined W/Dining |
Br | Main | 8.76' x 11.25' | |
Br | Main | 8.23' x 11.58' | |
Living | 2nd | 12.50' x 12.40' | |
Dining | 2nd | 12.50' x 11.58' | |
Kitchen | 2nd | 8.66' x 12.60' | |
Br | 2nd | 11.15' x 11.15' | |
Br | 3rd | 10.99' x 16.99' | |
Kitchen | Bsmt | 12.50' x 14.99' | Combined W/Dining |
Br | Bsmt | 14.01' x 14.50' | |
Br | Bsmt | 10.60' x 11.52' |
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Toronto Market Statistics
Toronto Price Trend
37 Garden Ave is a 4-bedroom 4-bathroom home listed for sale at $1,975,000, which is $383,155 (24.1%) higher than the average sold price of $1,591,845 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Toronto declined by $294,828 (15.6%) compared to the previous 30 day period (November 19 - December 18) and down $105,045 (6.2%) from the same time one year ago.Inventory Change
There were 234 4-bedroom homes listed in Toronto over the last 30 days (December 19 - January 17), which is down 21.5% compared with the previous 30 day period (November 19 - December 18) and up 66.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Toronto typically sold ($26,023) (1.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $15,789 increase compared to the previous 30 day period (November 19 - December 18) and ($80,967) 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 (December 19 - January 17) stood at 52.6%, down from 72.1% over the previous 30 days (November 19 - December 18) and down from 62.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Toronto stood at 39 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Sage Real Estate Limited
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