58 Massey St

Niagara, Toronto, M6J 2T4
FOR SALE
$1,699,000
58 Massey St, Toronto
58 Massey St
58 Massey St
58 Massey St
58 Massey St
58 Massey St
58 Massey St
58 Massey St
58 Massey St
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58 Massey St
58 Massey St
58 Massey St
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58 Massey St
58 Massey St
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58 Massey St
58 Massey St
58 Massey St
58 Massey St
58 Massey St
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58 Massey St
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58 Massey St
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5 + 1
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
12
ROOMS
C9399623
MLSID
Contact Us
Property Description
This stunning Victorian is nestled between Queen St. W. less than a block south of Trinity Bellwoods Park and King St. W. Central to many of the city attractions and downtown, yet so quiet you awake to the sound of birds chirping. With soaring high ceilings, a quiet private backyard and an oversized 1.5 car garage, this versatile property boasts a total of 5 bedrooms, 3 kitchens and 3 bathrooms, currently divided into 3 living spaces: an owner's suite and two income-generating Airbnb units. The upper unit rents for $265/night with the basement receiving $2500 monthly. An unbeatable location steps from Toronto's finest coffee shops, restaurants, boutiques and entertainment, with easy access to both transit and the Gardner. Endless possibilities await including live-in with rental income to offset your mortgage, a full investment property, co-ownership or easily could be used as a single-family home. Potential rental income: Main + Garage $3300/month, upper $2900/Month, Basement $2000/Month = $8200/month potential income. Public Open House Saturday October 5th 2-5 pm and Sunday October 6th 2-5 pm.
Extras
New Stucco 2023, new eaves 2023, garage roof 2021. North neighbour has underpinned their basement party wall. Floor Plans and Laneway House Report attached. Third floor/opening attic potential.
Nearby Intersections
Property Details
Street
Community
Property Type
Att/Row/Townhouse, 2-Storey
Lot Size
16' x 110'
Fronting
West
Taxes
$7,289 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Lane
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain14.24' x 10.99'
DiningMain12.01' x 9.58'
KitchenMain10.33' x 10.33'
BrMain13.06' x 9.68'
Kitchen2nd9.51' x 10.01'
2nd Br2nd12.99' x 15.42'
3rd Br2nd11.58' x 10.01'
4th Br2nd12.99' x 9.74'
LivingLower22.08' x 10.01'
KitchenLower12.66' x 9.68'
5th BrLower15.42' x 9.68'
LaundryLower6.76' x 9.25'
Toronto Market Statistics
Toronto Price Trend
58 Massey St is a 5-bedroom 3-bathroom townhome listed for sale at $1,699,000, which is $631,000 (59.1%) higher than the average sold price of $1,068,000 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 5 bedroom townhome in Toronto declined by $482,000 (31.1%) compared to the previous 30 day period (August 18 - September 16) and down $371,800 (25.8%) from the same time one year ago.
Inventory Change
There were 5 5-bedroom townhomes listed in Toronto over the last 30 days (September 17 - October 16), which is down 28.6% compared with the previous 30 day period (August 18 - September 16) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom townhomes in Toronto typically sold ($21,000) (2.0%) below asking price over the last 30 days (September 17 - October 16), which represents a $21,100 decrease compared to the previous 30 day period (August 18 - September 16) and $140,800 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 townhomes in Toronto over the last 30 days (September 17 - October 16) stood at 40.0%, up from 14.3% over the previous 30 days (August 18 - September 16) and up from 20.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom townhome in Toronto stood at 28 days when successfully sold over the last 30 days (September 17 - October 16), compared to 32 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Professionals Inc.
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