551-553 Indian Rd
High Park North, Toronto, M6P 2B9
FOR SALE
$2,299,000
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4 + 2
BEDROOMS4
BATHROOMS4
KITCHENS14
ROOMSW8171020
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Property Description
Extensively renovated and rebuilt legal fourplex in Prime High Park location. Hardwood flooring first & second floors, pot lighting. 4 self contained suites. Consists of 1-2 bdrm + den; 1-2 bdrm; 2 studio apartment. Ideal for user to live in while generating cash flow from the other suites. Wonderful residential neighbourhood. Literally steps to the subway, shops, parks, schools, etc.
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Extras
Property known as 551-553 Indian Road. Detached original duplex.
Nearby Intersections
Keele & Bloor (28)
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Property Details
Street
Community
City
Property Type
Fourplex, 2-Storey
Lot Size
30' x 80'
Lot Irregularities
Irreg Rear
Fronting
North
Taxes
$9,514 (2023)
Basement
Apartment, Sep Entrance
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Rt-Of-Way
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Ground | 14.40' x 25.56' | Combined W/Dining, Hardwood Floor |
Dining | Ground | 14.40' x 25.56' | Combined W/Living, Hardwood Floor |
Kitchen | Ground | 12.89' x 13.02' | Hardwood Floor, Family Size Kitchen, W/O To Balcony |
Prim Bdrm | Ground | 9.91' x 12.63' | Hardwood Floor, Large Closet |
2nd Br | Ground | 9.81' x 10.14' | Hardwood Floor, Large Closet |
Living | 2nd | 13.22' x 16.70' | Hardwood Floor, Cathedral Ceiling |
Dining | 2nd | 9.32' x 15.91' | Hardwood Floor, O/Looks Living |
Kitchen | 2nd | 12.34' x 12.57' | Stainless Steel Appl, Family Size Kitchen, W/O To Balcony |
Prim Bdrm | 2nd | 9.84' x 12.50' | Hardwood Floor, Double Closet |
2nd Br | 2nd | 9.81' x 9.97' | Hardwood Floor, Double Closet |
Kitchen | Bsmt | 10.50' x 12.99' | Open Concept |
Kitchen | Bsmt | 9.25' x 11.61' | Open Concept |
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Toronto Market Statistics
Toronto Price Trend
551-553 Indian Rd is a 4-bedroom 4-bathroom home listed for sale at $2,299,000, which is $253,567 (12.4%) higher than the average sold price of $2,045,433 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 4 bedroom home in Toronto declined by $20,649 (1.0%) compared to the previous 30 day period (February 27 - March 27) and down $9,369 (0.5%) from the same time one year ago.Inventory Change
There were 591 4-bedroom homes listed in Toronto over the last 30 days (March 28 - April 26), which is up 27.4% compared with the previous 30 day period (February 27 - March 27) and up 6.9% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Toronto typically sold $19,411 (0.9%) above asking price over the last 30 days (March 28 - April 26), which represents a $101 increase compared to the previous 30 day period (February 27 - March 27) and $39,594 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 4-bedroom homes in Toronto over the last 30 days (March 28 - April 26) stood at 53.5%, up from 52.4% over the previous 30 days (February 27 - March 27) and down from 57.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Toronto stood at 15 days when successfully sold over the last 30 days (March 28 - April 26), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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Looking for an incredible investment opportunity in the heart of Toronto? Look no further than thisstunning fourplex property, available now for sale! Located in a desirable neighbourhood, thisproperty offers the perfect balance of urban convenience and suburban tranquility. Each unit boastsspacious and modern interiors, designed to meet the needs of today's renters. Whether you're lookingfor a comfortable home for your family or a lucrative investment opportunity, this property has itall.With its prime location, this fourplex is just minutes away from all the best that Toronto hasto offer. Enjoy easy access to shopping, dining, and entertainment, as well as excellenttransportation links that make it easy to get around the city. Plus, with its strong rental historyand reliable income stream, this property is a smart investment that's sure to pay off for years tocome.Don't miss out on this amazing opportunity to own a piece of Toronto's thriving real estatemarket.
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