38 George St

Mimico, Etobicoke, M8V 2S2
FOR SALE
$1,789,000
38 George St, Etobicoke
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3 + 2
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
10 + 6
ROOMS
W11988574
MLSID
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Property Description
Looking for your 'Home Sweet Home'? Looking for a turn-key investment property? Perhaps a multi-generational home to fit the whole family? Want to convert an existing building into sizable single-family home? Look no further, this stately building offers 3 sizable units, renovated from top to bottom! This delightful duplex is a blend of Old School Charm & Contemporary Sophistication! Spend your days sitting on the newly-constructed, front porch watching tennis at Mimico Tennis Club; enjoy baseball games across the street or laugh as the kids and dogs play in Mimico Memorial Park. Owner occupied main-floor: gorgeous 1-bedrm (originally 2 bedrm) with XL living room overlooking the park, reno'd bath & open-concept kitchen/dining rm with W/O to back garden. Professionally-remodeled kitchen built by KitchenCraft; custom cabinetry; panty; crown molding; granite counters & new hardwood floors. Upper-level unit enjoys original 2-bedroom layout with all the updates of modern day living! Big & bright east-facing living/dining room overlooking park/tennis courts; two sizable bedrooms; reno'd 4-piece bath w heated towel rack; updated kitchen with floor to ceiling pantry & cute coffee counter. Fully-finished lower level (w good ceiling-height!) can be used as 1 or 2-bedroom unit; reno'd 3-piece bath; trendy, eat-in kitchen; and large, sunny windows. Excellent mechanicals: new front porch; quality windows; exterior doors; re-shingled roof; updated wiring; ductless AC on all 3 levels; sump pump; backwater valve & 2 entrances to each unit. Lovingly-landscaped, long private drive, sunny west-facing backyard, potting shed with power and newly built double car garage! Located in the heart of the lakeside community of Olde Mimico on one of the best streets. Steps to Mimico GO, TTC, schools, library, eateries, coffee shops and bakeries. Walk to Lake, Waterfront Trail, parks, sailing & Humber College.
Nearby Intersections
Property Features
Park
Property Details
Street
Community
Property Type
Detached, 2-Storey
Lot Size
37' x 144'
Fronting
West
Taxes
$6,023 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain14.34' x 15.98'Hardwood Floor, Stained Glass, O/Looks Park
BrMain9.58' x 11.81'Double Closet, Crown Moulding, O/Looks Living
KitchenMain11.98' x 20.01'Renovated, Quartz Counter, Combined W/Dining
DiningMain11.98' x 20.01'Hardwood Floor, B/I Desk, W/O To Deck
LivingUpper7.41' x 11.98'Hardwood Floor, Open Concept, Combined W/Dining
DiningUpper12.17' x 20.70'Hardwood Floor, Casement Windows, O/Looks Park
Prim BdrmUpper12.73' x 12.80'Hardwood Floor, Double Closet, O/Looks Garden
BrUpper11.09' x 12.11'Hardwood Floor, French Doors, O/Looks Living
KitchenLower6.89' x 12.30'Eat-In Kitchen, Renovated, Above Grade Window
Prim BdrmLower13.29' x 14.63'Hardwood Floor, Combined W/Living, Above Grade Window
BrLower10.24' x 11.19'Closet, Pot Lights, 3 Pc Bath
Cold/CantLower4.36' x 6.30'Finished, Sump Pump, Above Grade Window
Etobicoke Market Statistics
Etobicoke Price Trend
38 George St is a 3-bedroom 3-bathroom home listed for sale at $1,789,000, which is $496,402 (38.4%) higher than the average sold price of $1,292,598 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Etobicoke increased by $71,412 (5.8%) compared to the previous 30 day period (December 22 - January 20) and down $8,210 (0.6%) from the same time one year ago.
Inventory Change
There were 676 3-bedroom homes listed in Etobicoke over the last 30 days (January 21 - February 19), which is up 105.5% compared with the previous 30 day period (December 22 - January 20) and up 23.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Etobicoke typically sold $27,264 (2.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $35,980 increase compared to the previous 30 day period (December 22 - January 20) and $32,657 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 Etobicoke over the last 30 days (January 21 - February 19) stood at 52.8%, down from 53.2% over the previous 30 days (December 22 - January 20) and down from 73.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Etobicoke stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Ltd.
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