37 Vine Ave
Junction Area, Toronto, M6P 1V6
FOR SALE
$1,199,000
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3 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS7 + 3
ROOMSW10409276
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Property Description
Nestled in one of Toronto's most desirable districts, this triplex is ideally located within minutes of downtown. The Junction is celebrated for its rich history and community spirit, making it a fantastic place to live or invest. Enjoy the convenience of urban living while also having access to green spaces, local art, and cultural activities. With public transit just a stones throw away, commuting to work or exploring the city has never been easier. This property boasts three self-contained units, each with its own separate entrance, providing tenants with privacy and comfort. The layout is thoughtfully designed to maximize space and functionality. For the savvy investor, this triplex offers immense cash flow potential. Steady Rental Income: With the demand for rental units in the Junction at an all-time high, you can easily attract and retain quality tenants. Each unit can be rented at competitive market rates, ensuring a healthy return on investment. Appreciation Potential: The Junction is experiencing ongoing development and revitalization, which can lead to property value appreciation over time. Investing here is not just about immediate cash flow; its also a strategic move for long-term growth.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2018-12-05 | 2018-12-10 | 5 | $1,500 | $1,700 | Leased |
Extras
3 Fridges, 3 Stoves, All Elfs, Laundry Hook Up In Basement.Tenanted
Nearby Intersections
Property Features
Fenced Yard, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 2-Storey
Lot Size
16' x 100'
Fronting
South
Taxes
$4,170 (2024)
Basement
Finished, Sep Entrance
Exterior
Alum Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Driveway
Lane
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.01' x 14.01' | |
| Kitchen | Main | 10.01' x 12.01' | |
| Br | Main | 10.01' x 14.99' | |
| 2nd Br | Main | 10.01' x 10.01' | |
| Living | 2nd | 14.99' x 14.99' | |
| Kitchen | 2nd | 10.01' x 11.48' | |
| 3rd Br | 2nd | 8.53' x 11.48' | |
| Living | Bsmt | 10.99' x 14.01' | |
| Kitchen | Bsmt | 6.99' x 10.01' | |
| Br | Bsmt | 9.02' x 9.02' |
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Toronto Market Statistics
Toronto Price Trend
37 Vine Ave is a 3-bedroom 3-bathroom townhome listed for sale at $1,199,000, which is $158,230 (15.2%) higher than the average sold price of $1,040,770 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom townhome in Toronto increased by $9,375 (0.9%) compared to the previous 30 day period (September 21 - October 20) and up $12,100 (1.2%) from the same time one year ago.Inventory Change
There were 262 3-bedroom townhomes listed in Toronto over the last 30 days (October 21 - November 19), which is down 13.8% compared with the previous 30 day period (September 21 - October 20) and up 9.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Toronto typically sold $12,851 (1.2%) above asking price over the last 30 days (October 21 - November 19), which represents a $19,030 decrease compared to the previous 30 day period (September 21 - October 20) and ($7,400) 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 3-bedroom townhomes in Toronto over the last 30 days (October 21 - November 19) stood at 48.5%, up from 38.2% over the previous 30 days (September 21 - October 20) and up from 36.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome 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 Exp Realty
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