42 Simpson Ave

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42 Simpson Ave, Toronto
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
E8295174
MLSID
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Property Description
Calling all Home Renovators and Investors! Rare Opportunity Alert in North Riverdale, Toronto! Welcome to your dream project: a stunning 3-storey detached home boasting front pad parking, nestled in the prestigious North Riverdale neighbourhood. Indulge in the culinary delights of The Danforth's restaurants, just steps away. Plus, enjoy easy access to the Bloor Subway Line and vibrant shopping destinations! Nature lovers rejoice! Withrow and Riverdale Parks are your backyard retreats, perfect for unwinding amidst greenery. Need to commute? No problem! Downtown Toronto, Leslieville, and The Beach are mere minutes away, offering endless entertainment and lifestyle options. With 3 full bathrooms and a basement featuring a separate walk-up entrance, this property is brimming with potential. And let's not forget the crown jewel: a massive 3rd-floor master bedroom retreat, offering luxurious sanctuary after a long day. Plus, don't miss out on the coveted Withrow and Riverdale School districts, ensuring an excellent education for your family.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-02-06 2021-03-09 31 $1,500 - Terminated
Property Features
Park, Place Of Worship, Public Transit
Property Details
Property Type
Detached, 3-Storey
Lot Size
25' x 112'
Fronting
North
Taxes
$8,708 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
1
Driveway
Front Yard
Garage Type
None
Toronto Market Statistics
Toronto Price Trend
42 Simpson Ave is a 3-bedroom 3-bathroom home listed for sale at $1,999,900, which is $576,728 (40.5%) 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 Toronto increased by $87,800 (6.6%) compared to the previous 30 day period (March 15 - April 13) and down $42,855 (2.9%) from the same time one year ago.
Inventory Change
There were 1,201 3-bedroom homes listed in Toronto over the last 30 days (April 14 - May 13), which is up 57.8% compared with the previous 30 day period (March 15 - April 13) and up 26.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in 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 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 3-bathroom home in 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 Re/Max Premier Inc.
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