56 Camberwell Rd

FOR SALE
$2,248,000
56 Camberwell Rd, Toronto
56 Camberwell Rd
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2 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
4 + 1
ROOMS
C8137590
MLSID
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Property Description
Amazing opportunity in a Cedarvale location!! This detached home sits on a wonderful 35 x 105 Optimal Property for Builders and Renovators. Property is Sold In "As Is, Where Is" condition with no representations or warranties. Property being sold for land value and there is no access to the house. Situated next to a laneway giving the possibility to build a laneway/guest house. Maybe for grandparents, looking to live near their kids or the possibility of new rental options. In 2018, the city passed new zoning rules to allow some form of laneway housing as of right - meaning, no Committee of Adjustment or OMB hearings required. Close to All Amenities, great schools, restaurants and transportation (LRT)
Nearby Intersections
Property Details
Property Type
Detached, Bungalow
Lot Size
105' x 35'
Fronting
West
Taxes
$6,743 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
Built-In
Toronto Market Statistics
Toronto Price Trend
56 Camberwell Rd is a 2-bedroom 2-bathroom home listed for sale at $2,248,000, which is $1,158,014 (106.2%) higher than the average sold price of $1,089,986 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 2 bedroom home in Toronto declined by $74,850 (6.4%) compared to the previous 30 day period (February 27 - March 27) and down $92,025 (7.8%) from the same time one year ago.
Inventory Change
There were 214 2-bedroom homes listed in Toronto over the last 30 days (March 28 - April 26), which is up 40.8% compared with the previous 30 day period (February 27 - March 27) and up 30.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold $83,899 (7.7%) above asking price over the last 30 days (March 28 - April 26), which represents a $4,583 increase compared to the previous 30 day period (February 27 - March 27) and $78,401 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 2-bedroom homes in Toronto over the last 30 days (March 28 - April 26) stood at 68.7%, up from 65.1% over the previous 30 days (February 27 - March 27) and down from 70.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Toronto stood at 11 days when successfully sold over the last 30 days (March 28 - April 26), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with New Era Real Estate
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