5 Cliff St
Rockcliffe-Smythe, Toronto, M6N 4L5
FOR SALE
$2,329,000
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8 + 3
BEDROOMS6
BATHROOMS4 + 2
KITCHENS16 + 7
ROOMSW9253614
MLSIDContact Us
Property Description
Discover the potential of this outstanding 6-unit multiplex, perfectly positioned in a high-demand area that guarantees steady rental income and Incredibe value add opportunity . This well-maintained property features 5-2 bed 1 bath and 1-1 bed 1 bath units. Steps to the highly anticipated Mount Dennis Lrt. Numerous upgrades and impeccably maintained.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-05-21 | 2023-08-18 | 89 | $2,499,000 | - | Expired |
Extras
All Owned Appliances
Nearby Intersections
Weston & Eglinton (16)
Eglinton & Jane (90)
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Lot Size
45' x 95'
Acreage
< .50
Fronting
East
Taxes
$6,854 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.16' x 14.67' | |
| Kitchen | Main | 9.51' x 9.68' | |
| Prim Bdrm | Main | 11.32' x 10.83' | |
| 2nd Br | Main | 9.51' x 10.33' | |
| Bathroom | Main | 4.99' x 6.59' |
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Toronto Market Statistics
Toronto Price Trend
5 Cliff St is a 8-bedroom 6-bathroom home listed for sale at $2,329,000, which is $254,000 (12.2%) higher than the average sold price of $2,075,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 8 bedroom home in Toronto declined by $1,454,942 (41.2%) compared to the previous 30 day period (September 21 - October 20) and down $480,000 (18.8%) from the same time one year ago.Inventory Change
There were 8 8-bedroom homes listed in Toronto over the last 30 days (October 21 - November 19), which is down 20.0% compared with the previous 30 day period (September 21 - October 20) and up 60.0% compared with the same period last year.Sold Price Above/Below Asking ($)
8-bedroom homes in Toronto typically sold ($125,000) (6.0%) below asking price over the last 30 days (October 21 - November 19), which represents a $111,693 decrease compared to the previous 30 day period (September 21 - October 20) and $157,500 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 8-bedroom homes in Toronto over the last 30 days (October 21 - November 19) stood at 12.5%, down from 40.0% over the previous 30 days (September 21 - October 20) and down from 40.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 8-bedroom 6-bathroom home in Toronto stood at 11 days when successfully sold over the last 30 days (October 21 - November 19), compared to 120 days before being removed from the market upon being suspended or terminated.Listing contracted with Crescent Real Estate Inc.
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