408 Ontario St

FOR SALE
$2,288,800
408 Ontario St, Downtown Toronto
408 Ontario St
408 Ontario St
408 Ontario St
408 Ontario St
408 Ontario St
408 Ontario St
408 Ontario St
408 Ontario St
408 Ontario St
408 Ontario St
408 Ontario St
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408 Ontario St
408 Ontario St
408 Ontario St
408 Ontario St
408 Ontario St
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408 Ontario St
408 Ontario St
408 Ontario St
408 Ontario St
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3 + 2
BEDROOMS
5
BATHROOMS
2
KITCHENS
9 + 4
ROOMS
C10404602
MLSID
Contact Us
Property Description
The ultimate work from home property. 1/2 the house is a 3-bedroom 3-bathroom home. 1/2 is a Commercial bi-level workspace with a kitchenette, 2 offices/bedrooms and 2 bathrooms, with plenty of storage. The Residential side is impressive w/soaring ceilings, 2 gas fireplaces, stainless steel kitchen and a large deck. The principal bedroom has a spa-like ensuite with a rain shower head, heated towel rack & steam shower..... Nearly 4,000 sf in total.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-05 2024-11-02 58 $2,288,800 - Terminated
2024-05-31 2024-09-03 95 $2,480,000 - Terminated
2024-04-08 2024-05-31 53 $2,580,000 - Terminated
2023-11-29 2024-03-05 97 $2,695,000 - Expired
2023-10-11 2023-11-29 49 $2,799,000 - Terminated
2023-07-04 2023-10-11 99 $2,885,000 - Terminated
2023-07-04 2023-10-03 91 $2,885,000 - Suspended
Extras
Top of the line improvements with attention to details. Slate roof. Zoned Commercial / Residential. Steps to public transit, restaurants, shops and cafes. Mins to Yonge & Dundas & Financial District.
Property Features
Hospital, Library, Place Of Worship, Public Transit, School
Property Details
Community
Property Type
Detached, Sidesplit 4
Approximate Sq.Ft.
3000-3500
Lot Size
50' x 28'
Fronting
West
Taxes
$16,105 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain15.75' x 17.59'Hardwood Floor, Cathedral Ceiling, Gas Fireplace
DiningMain12.07' x 12.83'Hardwood Floor, W/O To Balcony, O/Looks Living
KitchenMain8.17' x 11.32'Stainless Steel Coun, Breakfast Bar, Stainless Steel Appl
3rd BrMain12.99' x 15.85'Hardwood Floor, Gas Fireplace
Prim BdrmUpper14.50' x 15.49'Hardwood Floor, 3 Pc Ensuite, Double Closet
2nd BrUpper10.17' x 15.32'Hardwood Floor, 4 Pc Ensuite, Double Closet
OfficeMain16.50' x 25.00'Hardwood Floor, Open Concept
OfficeMain9.25' x 12.01'Hardwood Floor, Combined W/Dining
KitchenMain6.56' x 4.27'Hardwood Floor, Galley Kitchen, Stainless Steel Appl
OfficeLower9.06' x 11.68'Parquet Floor, French Doors, Combined W/Laundry
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
408 Ontario St is a 3-bedroom 5-bathroom home listed for sale at $2,288,800, which is $1,096,088 (91.9%) higher than the average sold price of $1,192,712 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Downtown Toronto declined by $86,213 (6.7%) compared to the previous 30 day period (November 19 - December 18) and down $60,928 (4.9%) from the same time one year ago.
Inventory Change
There were 319 3-bedroom homes listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 33.8% compared with the previous 30 day period (November 19 - December 18) and up 27.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Downtown Toronto typically sold ($7,431) (0.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,931 decrease compared to the previous 30 day period (November 19 - December 18) and ($28,262) more 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 Downtown Toronto over the last 30 days (December 19 - January 17) stood at 61.8%, down from 100.8% over the previous 30 days (November 19 - December 18) and down from 83.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 5-bathroom home in Downtown Toronto stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 76 days before being removed from the market upon being suspended or terminated.
Listing contracted with Harvey Kalles Real Estate Ltd.
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