37 West Ave
South Riverdale, Toronto, M4M 2L7
FOR SALE
$1,450,000
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BEDROOMS2
BATHROOMS2
KITCHENS9
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Property Description
DETACHED, Legal Duplex in Prime Riverside - presents a fantastic opportunity for a live/rent arrangement or investor for an income generating property in a sought-after pocket of South Riverdale. Entrance through front door for both units. Two bedroom; one washroom main floor/basement unit with expansive deck and backyard space. Second floor unit is a one bedroom, one bathroom unit with deck off the back. A+ tenant already in place for Main Unit, 2nd Floor Unit vacant and ready for owner-occupied option. Separate laundry for each unit. 3 min walk to street level transit on Gerrard. Chester station is 1.5 km away. Groceries/ Starbucks 8 minute walk. Brand New (2024) Stainless Steel Appliances (fridge, stove and dishwashers) in Both Units! Furnace (2018). Utilities divided and paid by tenants as follows: main floor 60% and second floor 40%.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-03-21 | 2019-03-26 | 5 | $2,395 | $2,500 | Leased |
Extras
Stainless Steel Appliances (2 fridges, 2 stoves, 2 dishwashers). 2 Washers, 2 Dryers. Window coverings and Elfs not belonging to tenant. Broadloom where laid.
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Lot Size
15' x 100'
Fronting
East
Taxes
$6,388 (2024)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 16.37' x 13.19' | W/O To Deck |
| Dining | Main | 11.98' x 9.02' | |
| Kitchen | Main | 13.98' x 9.06' | |
| Br | 2nd | 12.01' x 11.12' | Broadloom, W/O To Balcony |
| Kitchen | 2nd | 9.45' x 9.84' | Stainless Steel Appl |
| Family | 2nd | 15.22' x 13.12' | |
| 2nd Br | Lower | 9.58' x 11.75' | Closet |
| 3rd Br | Lower | 10.10' x 13.06' |
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Toronto Market Statistics
Toronto Price Trend
37 West Ave is a 3-bedroom 2-bathroom home listed for sale at $1,450,000, which is $104,496 (7.8%) higher than the average sold price of $1,345,504 in the last 30 days (September 6 - October 5). During the last 30 days the average sold price for a 3 bedroom home in Toronto increased by $58,856 (4.6%) compared to the previous 30 day period (August 7 - September 5) and down $20,193 (1.5%) from the same time one year ago.Inventory Change
There were 1,303 3-bedroom homes listed in Toronto over the last 30 days (September 6 - October 5), which is up 100.8% compared with the previous 30 day period (August 7 - September 5) and up 6.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Toronto typically sold $17,510 (1.3%) above asking price over the last 30 days (September 6 - October 5), which represents a $26,228 increase compared to the previous 30 day period (August 7 - September 5) and $34,083 less 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 homes in Toronto over the last 30 days (September 6 - October 5) stood at 42.2%, down from 58.9% over the previous 30 days (August 7 - September 5) and up from 39.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Toronto stood at 16 days when successfully sold over the last 30 days (September 6 - October 5), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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