62 Lakeview Ave

FOR SALE
$2,250,000
62 Lakeview Ave, Toronto
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
62 Lakeview Ave
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3 + 1
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
7 + 4
ROOMS
C9299281
MLSID
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Property Description
A remarkably rare opportunity to secure a one-of-a-kind Victorian beauty on one of the most stunning streets in downtown Toronto - Welcome to 62 Lakeview Ave. This city approved, three-unit semi-detached income property offers endless possibilities. Located steps to the vibrant Ossington Strip and picturesque Trinity Bellwoods Park, this prime location is unbeatable! The 2nd-floor unit boasts an open-concept living area, spacious washroom, balcony with street views, and a 3rd level loft with large glass doors overlooking the treetop vistas. The main level unit has soaring ceilings, an open living space, large kitchen, bdrm with yard access, and stunning stained-glass windows. The basement unit has an updated modern kitchen, washroom, and open living area. Whether you're an investor or end-user, this property offers versatility and enormous potential. Add it to your portfolio or maintain the income stream while planning a future project. This is a must see Victorian gem on Lakeview Ave! **EXTRAS** Main Lvl 1 Bed, 1 Bath (Tenanted); 2nd Lvl 2 Bed, 1 Bath (Tenanted); Basement 1 Bed, 1 Bath(Vacant Mid-Sept). 2 Car Laneway Parking (fence needs adjustment to recapture 1 parking spot). Shared laundry. Backyard virtually rendered
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-08-09 2021-09-08 30 $1,700 - Terminated
Nearby Intersections
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit
Property Details
Property Type
Semi-Detached, 2 1/2 Storey
Lot Size
20' x 110'
Lot Irregularities
2007 Survey Posted
Fronting
West
Taxes
$7,933 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
1
Driveway
Lane
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingGround10.01' x 25.66'Hardwood Floor, Stained Glass, Combined W/Dining
KitchenGround12.83' x 12.99'Hardwood Floor, Stained Glass, Granite Counter
BrGround12.83' x 14.93'4 Pc Ensuite, W/O To Garden, French Doors
Living2nd14.01' x 14.93'Hardwood Floor, Open Concept, Stained Glass
Kitchen2nd14.01' x 16.08'Stainless Steel Appl, Open Concept, Combined W/Dining
Dining2nd14.01' x 16.08'Hardwood Floor, Open Concept, Combined W/Kitchen
Br2nd13.25' x 11.15'Broadloom, Large Window, Closet
Br3rd16.93' x 26.25'Broadloom, Juliette Balcony, Stained Glass
FamilyBsmt10.76' x 19.65'Pot Lights, Open Concept, Vinyl Floor
KitchenBsmt12.40' x 11.68'Stainless Steel Appl, Open Concept, Vinyl Floor
BrBsmt8.60' x 9.91'Window, Vinyl Floor
OfficeBsmt12.40' x 4.07'Window, Vinyl Floor
Toronto Market Statistics
Toronto Price Trend
62 Lakeview Ave is a 3-bedroom 3-bathroom home listed for sale at $2,250,000, which is $955,734 (73.8%) higher than the average sold price of $1,294,266 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 3 bedroom home in Toronto increased by $111,403 (9.4%) compared to the previous 30 day period (December 20 - January 18) and down $5,944 (0.5%) from the same time one year ago.
Inventory Change
There were 684 3-bedroom homes listed in Toronto over the last 30 days (January 19 - February 17), which is up 111.1% compared with the previous 30 day period (December 20 - January 18) and up 26.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Toronto typically sold $27,175 (2.1%) above asking price over the last 30 days (January 19 - February 17), which represents a $38,493 increase compared to the previous 30 day period (December 20 - January 18) and $31,158 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 3-bedroom homes in Toronto over the last 30 days (January 19 - February 17) stood at 54.4%, down from 56.5% over the previous 30 days (December 20 - January 18) and down from 77.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Toronto stood at 21 days when successfully sold over the last 30 days (January 19 - February 17), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Ltd.
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