FOR SALE
$2,580,000
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
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
408 Ontario St
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
C8214386
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 bilevel workspace with a kitchenette, 2 offices/bedrooms and 2 bathrooms, with plenty of storage. The Residential side is impressive with 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
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 all the details. Slate Roof, Steps of shops and restaurants. Steps to shops, restaurants, transit and walking distance to the financial district. Zoned commercial/ Residential.
Property Features
Hospital, Library, Place Of Worship, Public Transit, School
Property Details
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
BathroomMain3.94' x 4.59'2 Pc Bath
DiningMain11.68' x 9.51'
KitchenMain4.27' x 6.40'
LivingMain15.75' x 24.61'
BathroomBsmt4.27' x 11.15'3 Pc Bath
DenBsmt8.17' x 7.87'
OfficeBsmt12.07' x 8.10'
RecBsmt15.42' x 17.39'
DiningUpper17.39' x 15.39'
KitchenUpper8.27' x 11.09'
LivingUpper17.39' x 15.49'
Prim Bdrm2nd17.19' x 17.09'3 Pc Ensuite
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
408 Ontario St is a 3-bedroom 5-bathroom home listed for sale at $2,580,000, which is $1,156,828 (81.3%) higher than the average sold price of $1,423,172 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Downtown Toronto increased by $87,800 (6.6%) compared to the previous 30 day period (March 15 - April 13) and down $42,855 (2.9%) from the same time one year ago.
Inventory Change
There were 1,201 3-bedroom homes listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 57.8% compared with the previous 30 day period (March 15 - April 13) and up 26.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Downtown Toronto typically sold $75,399 (5.3%) above asking price over the last 30 days (April 14 - May 13), which represents a $7,486 decrease compared to the previous 30 day period (March 15 - April 13) and $110,072 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 Downtown Toronto over the last 30 days (April 14 - May 13) stood at 45.6%, down from 83.8% over the previous 30 days (March 15 - April 13) and down from 69.2% 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 13 days when successfully sold over the last 30 days (April 14 - May 13), compared to 32 days before being removed from the market upon being suspended or terminated.
Listing contracted with Harvey Kalles Real Estate Ltd.
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