487 Carlaw Ave

FOR SALE
$799,000
487 Carlaw Ave, Toronto
487 Carlaw Ave
487 Carlaw Ave
487 Carlaw Ave
487 Carlaw Ave
487 Carlaw Ave
487 Carlaw Ave
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5 + 2
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
8 + 2
ROOMS
E9297484
MLSID
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Property Description
Location , location , location ! This amazing 3 story property is great for first-time buyer and investors . Terrific Income Property ! Main floor and second floor both have one kitchen and two rooms . Third floor comes with a balcony and two rooms . You can decide the function of the rooms . The separate entrance to the basement brings you the extra 2 rooms .Steps to coffee shops, bus routes, streetcars . 15 minutes to Eaton Centre . The future development of new Garrard Station will be so closed . Roof (2016 ) Heat pump (2024) Furnace (2022) . Nest smart thermostat .
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-06 2024-09-03 90 $998,000 - Suspended
Property Details
Property Type
Semi-Detached, 3-Storey
Lot Size
18' x 84'
Fronting
East
Taxes
$5,523 (2024)
Basement
Apartment
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingGround9.65' x 12.47'
BrGround10.83' x 10.96'
KitchenGround11.09' x 15.19'
Prim Bdrm2nd15.16' x 11.09'
Kitchen2nd15.16' x 11.09'
Br2nd9.84' x 10.50'
Br3rd9.51' x 11.06'
Br3rd9.84' x 10.60'
Toronto Market Statistics
Toronto Price Trend
487 Carlaw Ave is a 5-bedroom 3-bathroom home listed for sale at $799,000, which is $2,149,463 (72.9%) lower than the average sold price of $2,948,463 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 5 bedroom home in Toronto declined by $434,424 (12.8%) compared to the previous 30 day period (July 20 - August 18) and down $10,581 (0.4%) from the same time one year ago.
Inventory Change
There were 156 5-bedroom homes listed in Toronto over the last 30 days (August 19 - September 17), which is up 64.2% compared with the previous 30 day period (July 20 - August 18) and up 10.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold ($111,814) (3.8%) below asking price over the last 30 days (August 19 - September 17), which represents a $80,252 increase compared to the previous 30 day period (July 20 - August 18) and $5,793 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 Toronto over the last 30 days (August 19 - September 17) stood at 26.3%, down from 29.5% over the previous 30 days (July 20 - August 18) and up from 26.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Toronto stood at 26 days when successfully sold over the last 30 days (August 19 - September 17), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Landmark Realty Inc.
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