378 Cleveland St

FOR SALE
$2,150,000
378 Cleveland St, Toronto
378 Cleveland St
378 Cleveland St
378 Cleveland St
378 Cleveland St
378 Cleveland St
378 Cleveland St
378 Cleveland St
378 Cleveland St
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3 + 1
BEDROOMS
2
BATHROOMS
2
KITCHENS
5 + 2
ROOMS
C8452232
MLSID
Contact Us
Property Description
Attention Builders & Investors! Approved 6 Unit Development Opportunity in Midtown Toronto, Minutes to both Mt. Pleasant & Leaside Eglinton LRT Stations. Buyer has the Flexibility of Pre-Constructing a 6 Unit Condominium Apartment with Individual Owners or as a Multi-Unit Rental Apartment under one a Single Ownership. This is a Boutique Multi Residential Development Project in an Area Selling Preconstruction Projects at $1500/SQF with a Current Rental Rate of $5/SQF. Targeted For Young Professionals, Efficient Units Types Range from Studio, One Bedroom, One Bedroom + Den. 5 Minute Walk to LRT gets to Yonge+Eglinton in 5 minutes and 15 Minutes to Downtown Toronto.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-09-14 2022-10-11 28 $1,395,000 $1,340,000 Sold
2022-06-16 2022-08-11 56 $1,395,000 - Terminated
2022-05-12 2022-06-17 36 $1,749,000 - Terminated
2022-03-08 2022-04-27 50 $1,795,000 - Terminated
2021-12-01 2021-12-23 22 $1,795,000 - Terminated
Extras
Fridge, Dishwasher, Range Hood, Gas Stove, Front Door Washer and Dryer, Owned Furnace, Owned Hot Water Tank, AC Unit, All Window Coverings, Light Fixtures
Nearby Intersections
Property Details
Property Type
Detached, Bungalow
Lot Size
25' x 123'
Fronting
East
Taxes
$6,881 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Mutual
Garage Type
None
Toronto Market Statistics
Toronto Price Trend
378 Cleveland St is a 3-bedroom 2-bathroom home listed for sale at $2,150,000, which is $805,096 (59.9%) higher than the average sold price of $1,344,904 in the last 30 days (June 3 - July 2). During the last 30 days the average sold price for a 3 bedroom home in Toronto declined by $69,225 (4.9%) compared to the previous 30 day period (May 4 - June 2) and down $55,763 (4.0%) from the same time one year ago.
Inventory Change
There were 1,180 3-bedroom homes listed in Toronto over the last 30 days (June 3 - July 2), which is up 12.2% compared with the previous 30 day period (May 4 - June 2) and up 23.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Toronto typically sold $31,319 (2.3%) above asking price over the last 30 days (June 3 - July 2), which represents a $34,941 decrease compared to the previous 30 day period (May 4 - June 2) and $92,567 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 (June 3 - July 2) stood at 50.3%, down from 55.4% over the previous 30 days (May 4 - June 2) and down from 81.9% 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 12 days when successfully sold over the last 30 days (June 3 - July 2), compared to 36 days before being removed from the market upon being suspended or terminated.
Listing contracted with World Class Realty Point
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