454 Gerrard St E
FOR SALE
$1,248,800
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5 + 1
BEDROOMS4
BATHROOMS2 + 1
KITCHENS9 + 3
ROOMSC8235200
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Property Description
LOCATION, Nestled in the heart of Toronto's Cabbage town neighborhood, Exceptionally rare 3-storey,Semi-Detached Totally Turnkey w/3-Self Contained Units Has Been Lovingly & Meticulously UpdatedThroughout (Main 1bd, 2nd 3 bdr & bsm 2 bdr Units) this well maintained home offers a perfect blendof historic charm & modern convenience: Vaulted Ceilings, Crown Moldings, Bright Windows ProvidingLoads Of Natural Light. An Amazing Opportunity For Both Investors & End Users - Comfortably Live-InOne Suite & Earn Income From The Rest! Short Stroll To Cabbage tow Restaurants, Grocery, Butchers,Gourmet Shops. The Upper Unit has large open concept living, dining & sociable eat-in kitchen, 2ndfloor and entire 3rd floor Primary Suite w/3-pc ensuite & spectacular top de plus large bdr; makingit an exceptional opportunity for owner occupied gracious living. Ideal for live/rent or investw/premium rental units in the heart of Cabbage tow steps to the Riverdale Farm.
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Extras
Each Unit Has It's Own Laundry!
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Property Details
Street
Community
City
Property Type
Semi-Detached, 3-Storey
Lot Size
16' x 45'
Fronting
East
Taxes
$4,824 (2023)
Basement
Apartment, Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Great Rm | Main | 5.25' x 7.87' | Laminate, Combined W/Kitchen, Pot Lights |
| Kitchen | Main | 5.25' x 7.87' | Ceramic Floor, Custom Counter, Modern Kitchen |
| Prim Bdrm | Main | 7.87' x 8.20' | Laminate, Pot Lights, Window |
| Great Rm | 2nd | 10.83' x 14.11' | Laminate, Open Concept, Window |
| Kitchen | 2nd | 4.92' x 14.11' | Laminate, W/O To Greenbelt, Window |
| 2nd Br | 2nd | 10.14' x 12.83' | Laminate, W/O To Sundeck, Pot Lights |
| Prim Bdrm | 3rd | 11.58' x 13.81' | Laminate, 3 Pc Ensuite, Window |
| 3rd Br | 3rd | 11.58' x 13.81' | Laminate, Pot Lights, Window |
| Great Rm | Bsmt | 11.52' x 12.63' | Ceramic Floor, Combined W/Kitchen, Window |
| Kitchen | Bsmt | 11.52' x 12.63' | Ceramic Floor, Combined W/Great Rm, Family Size Kitchen |
| Prim Bdrm | Bsmt | 11.58' x 13.81' | Laminate, Pot Lights, Window |
| 2nd Br | Bsmt | 9.51' x 9.61' | Laminate, Pot Lights, Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
454 Gerrard St E is a 5-bedroom 4-bathroom home listed for sale at $1,248,800, which is $1,321,561 (51.4%) lower than the average sold price of $2,570,361 in the last 30 days (April 7 - May 6). During the last 30 days the average sold price for a 5 bedroom home in Downtown Toronto increased by $121,713 (5.0%) compared to the previous 30 day period (March 8 - April 6) and down $316,378 (11.0%) from the same time one year ago.Inventory Change
There were 183 5-bedroom homes listed in Downtown Toronto over the last 30 days (April 7 - May 6), which is up 90.6% compared with the previous 30 day period (March 8 - April 6) and up 44.1% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Downtown Toronto typically sold ($4,195) (0.2%) below asking price over the last 30 days (April 7 - May 6), which represents a $14,085 decrease compared to the previous 30 day period (March 8 - April 6) and $30,686 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 5-bedroom homes in Downtown Toronto over the last 30 days (April 7 - May 6) stood at 28.4%, down from 56.2% over the previous 30 days (March 8 - April 6) and down from 52.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Downtown Toronto stood at 17 days when successfully sold over the last 30 days (April 7 - May 6), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Premier Inc.
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