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Property Description
Located in the sought-after Mimico neighbourhood, this charming bungalow on a prestigious 36x116 ft lot is bursting with potential. Ideal for builders, renovators, or families looking to create a custom dream home. Featuring 2 bedrooms, 2 bathrooms, a basement apartment rough-in, a detached garage, and an oversized private driveway, theres ample space to imagine. Renovate, expand, add a garden suite without sacrificing parking, thanks to the rare, large front drive. Close to schools, parks, and amenities, this property is the perfect foundation for your forever home! Qualifies for a Garden suite build up to 1267 sq ft ~ Laneway Housing Advisor letter attached. Offers anytime!
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Extras
All Chattels remaining on property, as-is.
Nearby Intersections
Lake Shore & Park Lawn (340)
Property Features
Lake/Pond, Library, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
36' x 116'
Fronting
South
Taxes
$4,835 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 16.60' x 12.17' | Combined W/Dining, Bay Window, Fireplace |
Dining | Main | 9.45' x 12.17' | Large Window, Combined W/Living, Hardwood Floor |
Kitchen | Main | 14.50' x 9.81' | Window, Pantry, Side Door |
Prim Bdrm | Main | 11.88' x 12.17' | Window, Closet, Hardwood Floor |
2nd Br | Main | 11.84' x 9.81' | Window, Closet, Hardwood Floor |
Rec | Bsmt | 29.04' x 22.28' |
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Toronto Market Statistics
Toronto Price Trend
4 Allen Ave is a 2-bedroom 2-bathroom home listed for sale at $1,198,000, which is $73,676 (6.6%) higher than the average sold price of $1,124,324 in the last 30 days (October 17 - November 15). During the last 30 days the average sold price for a 2 bedroom home in Toronto declined by $70,898 (5.9%) compared to the previous 30 day period (September 17 - October 16) and down $11,072 (1.0%) from the same time one year ago.Inventory Change
There were 124 2-bedroom homes listed in Toronto over the last 30 days (October 17 - November 15), which is down 47.9% compared with the previous 30 day period (September 17 - October 16) and down 37.1% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold ($3,451) (0.3%) below asking price over the last 30 days (October 17 - November 15), which represents a $18,051 decrease compared to the previous 30 day period (September 17 - October 16) and $12,917 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 (October 17 - November 15) stood at 102.4%, up from 47.1% over the previous 30 days (September 17 - October 16) and up from 48.7% 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 28 days when successfully sold over the last 30 days (October 17 - November 15), compared to 53 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Realty Inc.
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