386 Westmoreland Ave N
Dovercourt-Wallace Emerson-Junction, Toronto, M6H 3A7
FOR SALE
$1,298,000
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2 + 2
BEDROOMS2
BATHROOMS2
KITCHENS5 + 4
ROOMSW11049304
MLSIDContact Us
Property Description
This wonderful fully detached property sits on a generous 22.5 x 126 ft lot in the vibrant Dovercourt Neighborhood. Currently offering two bright and spacious units with an excellent floorplan and updated finishes throughout. The main floor boasts two entrances, including a separate side entrance, a beautiful open concept living/dining with hardwood floors, high ceilings and lots of natural light. Large custom eat-in kitchen with stainless steel appliances. Two wonderful size bedrooms with hardwood floors. Separate laundry and a 4 piece bathroom. The basement is just as impressive offering a separate entrance, open concept kitchen and living area with large island for seating and storage, 2 bedrooms, Separate Laundry and a 4 piece bathroom. Great size backyard with plenty of room to entertain and for the kids to play. Laneway access allowing for two car parking or potential to build a double car garage. This property can continue being used as an ideal investment property or can become your forever family home with potential in-law suite. The large lot size also allows for incredible opportunities and potential for future growth and creative development & expansion. A laneway / multiplex report is available on request, this report outlines the many possibilities for the property, including a multi level multiplex and the possible potential to build a two storey laneway house, offering a tremendous ROI & substantial long term upside. *Buyer to do their own due-diligence* 386 Westmoreland Ave North offers an urban lifestyle that is steps to the trendy Geary Ave, bakeries, top rated restaurants, shops, schools, library, playgrounds, Earlscourt Park, close distance to Ttc, Bloor Subway, GO & UP Express. Amazing, family friendly Street, very quiet with a great sense of community and many young professionals moving in!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-17 | 2024-09-13 | 89 | $1,399,999 | - | Expired |
| 2024-05-23 | 2024-06-17 | 25 | $1,499,999 | - | Terminated |
Extras
Newer windows (aprx 4/5 years old), newer roof (aprx 1 year old), newer washer & dryer machines (aprx 2/4 years old)
Nearby Intersections
St Clair & Dufferin (35)
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
22' x 126'
Fronting
West
Taxes
$5,251 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
None
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Toronto Market Statistics
Toronto Price Trend
386 Westmoreland Ave N is a 2-bedroom 2-bathroom home listed for sale at $1,298,000, which is $150,710 (13.1%) higher than the average sold price of $1,147,290 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 2 bedroom home in Toronto declined by $19,730 (1.7%) compared to the previous 30 day period (October 4 - November 2) and up $94,907 (9.0%) from the same time one year ago.Inventory Change
There were 111 2-bedroom homes listed in Toronto over the last 30 days (November 3 - December 2), which is down 40.3% compared with the previous 30 day period (October 4 - November 2) and down 26.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold ($2,516) (0.2%) below asking price over the last 30 days (November 3 - December 2), which represents a $3,279 increase compared to the previous 30 day period (October 4 - November 2) and $4,396 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 2-bedroom homes in Toronto over the last 30 days (November 3 - December 2) stood at 93.7%, up from 63.4% over the previous 30 days (October 4 - November 2) and up from 62.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Toronto stood at 32 days when successfully sold over the last 30 days (November 3 - December 2), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Professionals Inc.
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