534 Queen St E

FOR SALE
$1,450,000
534 Queen St E, Downtown Toronto
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
534 Queen St E
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
8 + 3
ROOMS
C9310012
MLSID
Contact Us
Property Description
Welcome to your opportunity in the vibrant heart of Corktown! This stunning building places you right in the midst of the dynamic Downtown East area, with the Distillery District, West Don Lands, Riverside, and East Harbour developments just minutes away. The upper unit, currently tenanted on a month-to-month basis, boasts a spacious two-storey, three (3) Bedroom apartment, perfect for comfortable living. The main floor offers versatile options, ideal for office space or conversion into a second residential unit. With two-car parking accessible from the lane, convenience is at your doorstep.This property is a savvy investment for the future, featuring both commercial and residential zoning in a high density development area. Additionally, it is within walking distance to a future subway station, currently under construction, ensuring excellent connectivity. Extras include a furnace, AC, all light fixtures, washer, dryer, fridge, and stove. Don't miss out on this prime piece of real estate that offers endless potential in a sought-after location!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-02 2024-09-05 65 $1,480,000 - Terminated
2024-05-22 2024-06-25 34 $999,000 - Terminated
2024-03-25 2024-05-23 59 $1,588,000 - Terminated
Extras
Furnace, A/C, All Elf's. Washer/Dryer.Fridge/Stove
Property Details
Street
Community
Property Type
Att/Row/Townhouse, 3-Storey
Lot Size
18' x 100'
Fronting
North
Taxes
$12,862 (2023)
Basement
Part Bsmt
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Other
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain19.00' x 10.93'Window
OtherMain5.74' x 6.00'Window
OtherMain7.84' x 7.74'Window
Family2nd11.32' x 11.32'Window, Hardwood Floor
Kitchen2nd11.91' x 11.52'Combined W/Dining, Skylight, Stainless Steel Appl
Br2nd13.42' x 8.33'Window, Hardwood Floor
Br2nd13.42' x 8.33'Window, Hardwood Floor
Prim Bdrm3rd24.57' x 14.40'Window, Hardwood Floor, Closet
OtherBsmt27.82' x 16.67'Concrete Floor
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
534 Queen St E is a 3-bedroom 2-bathroom townhome listed for sale at $1,450,000, which is $409,230 (39.3%) higher than the average sold price of $1,040,770 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom townhome in Downtown Toronto increased by $9,375 (0.9%) compared to the previous 30 day period (September 21 - October 20) and up $12,100 (1.2%) from the same time one year ago.
Inventory Change
There were 262 3-bedroom townhomes listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 13.8% compared with the previous 30 day period (September 21 - October 20) and up 9.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Downtown Toronto typically sold $12,851 (1.2%) above asking price over the last 30 days (October 21 - November 19), which represents a $19,030 decrease compared to the previous 30 day period (September 21 - October 20) and ($7,400) more 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 townhomes in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 48.5%, up from 38.2% over the previous 30 days (September 21 - October 20) and up from 36.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom townhome in Downtown Toronto stood at 22 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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