478 Indian Grve
Junction Area, Toronto, M6P 2H9
FOR SALE
$1,299,000
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Property Description
Welcome to the heart of the Junction. 478 Indian Grove is conveniently located on a quiet street, in a vibrant and trendy neighbourhood. Located steps from some of the hippest shops, cafes & restaurants in the west end! This gorgeous, bright duplex on the 1st, 2nd & 3rd floor of a semi-detached house is currently configured to offer 2 separate living units with over 1,400 sq.ft of lvg space.This property offers many opportunities. Purchase as an investment property with potential for $70k gross income, or buy to live in 1 unit and rent the other, or buy with friends or family to share the costs of buying a freehold property. It could also be converted back to a 3 or 4 bedroom single family home. Built in 1875, the ground floor unit features beautiful tall ceilings, an open plan kitchen/dining area that connects with a large lvg area. There is a generous primary bdrm at the back of the property that leads out to a deck and enclosed garden.The upstairs unit occupies the 2nd and 3rd floors of this property. Step inside to a warm and inviting open-concept space, with new vinyl flooring throughout, soaring ceilings and lots of natural light. The modern open plan kitchen has been newly renovated with S/S appliances and flows into a lvg room with large picture windows and beautiful crown moldings. The 2nd floor bdrm leads out to a balcony and down to the garden and could be used as a home office. The primary loft bdrm on the 3rd floor has built-in closets and shelving, a new skylight, and window nook. The 3 piece bathroom includes a shower, vanity & toilet. Laundry is located between the 2 apartments on the main floor. The partial unfinished basement is used for storage. Enjoy entertaining in the rear garden, which is both decked and paved for convenience with plenty of mature shrubs and overhanging trees to provide privacy and shade. This is the perfect home in a hip neighbourhood to own as an investment, or to move into and enjoy the house and neighborhood.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-08-08 | 2023-08-18 | 10 | $3,250 | - | Terminated |
| 2022-05-02 | 2022-05-12 | 11 | $2,750 | $2,750 | Leased |
Nearby Intersections
Dundas & Keele (15)
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
16' x 115'
Fronting
West
Taxes
$5,350 (2024)
Basement
Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.38' x 25.43' | Eat-In Kitchen, Stainless Steel Appl, O/Looks Frontyard |
| Living | Main | 11.38' x 25.43' | Laminate, Combined W/Kitchen, Open Concept |
| Br | Main | 10.14' x 14.04' | Laminate, Double Closet, W/O To Garden |
| Kitchen | 2nd | 15.03' x 27.59' | Vinyl Floor, Stainless Steel Appl, Modern Kitchen |
| Living | 2nd | 15.03' x 27.59' | Open Concept, Crown Moulding, Large Window |
| Br | 2nd | 10.27' x 10.04' | Vinyl Floor, W/O To Deck |
| 2nd Br | 3rd | 15.06' x 11.35' | Vinyl Floor, B/I Closet |
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Toronto Market Statistics
Toronto Price Trend
478 Indian Grve is a 3-bedroom 2-bathroom home listed for sale at $1,299,000, which is $6,402 (0.5%) higher than the average sold price of $1,292,598 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Toronto increased by $71,412 (5.8%) compared to the previous 30 day period (December 22 - January 20) and down $8,210 (0.6%) from the same time one year ago.Inventory Change
There were 676 3-bedroom homes listed in Toronto over the last 30 days (January 21 - February 19), which is up 105.5% compared with the previous 30 day period (December 22 - January 20) and up 23.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Toronto typically sold $27,264 (2.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $35,980 increase compared to the previous 30 day period (December 22 - January 20) and $32,657 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 (January 21 - February 19) stood at 52.8%, down from 53.2% over the previous 30 days (December 22 - January 20) and down from 73.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Toronto stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Ltd.
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