641 Bathurst St

FOR SALE
$1,880,000
641 Bathurst St, Downtown Toronto
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
641 Bathurst St
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5 + 1
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
10 + 3
ROOMS
C9514418
MLSID
Contact Us
Property Description
Prime investment opportunity ideally located in the heart of Toronto between Bloor St and College St, truly the perfect Toronto location! 3 fully renovated, and self-contained, suites with significant mechanical upgrades throughout including updated wiring, HVAC, roof, windows and plumbing! Benefit from vacant units allowing you to hand select new tenants and immediately capitalize on current market rents! Ideal multi-generational home or live/rent opportunity. Parking via laneway offers possible laneway home resulting in even more property value! No tenants to assume! Potential Gross Income over $135,500 - 6.20% Cap Rate!!!. Projected Long term lease Gross Income $115,200 - 5.15% Cap Rate!!! Low property expenses due to significant property upgrades. Perfect time to take advantage of the recent interest rates cuts and secure an excellent investment property. Located in the best part of Toronto steps to Bloor St, Harbord Village, College Street, Little Italy, Ttc, U of T, Elite Schools, beautiful parks, delicious dining and all the best amenities Toronto offers! 100 Bike score, 98 Transit Score, 95 Walk Score.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-06 2024-05-17 11 $1,699,000 - Terminated
2024-01-30 2024-03-20 50 $2,095,000 - Terminated
2024-03-20 2024-05-06 47 $2,049,000 - Terminated
Extras
Amazing Investment Opportunity in the Heart of Toronto with Vacant Possession!
Nearby Intersections
Property Features
Fenced Yard, Hospital, Park, Place Of Worship, Public Transit, School
Property Details
Community
Property Type
Semi-Detached, 2 1/2 Storey
Lot Size
20' x 125'
Lot Irregularities
*CA563346; EXCEPT THE EASEMENT THERE IN
Fronting
East
Taxes
$7,196 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
Other
Room Summary
RoomLevelSizeFeatures
FamilyMain10.99' x 14.99'Fireplace, Large Window, Renovated
KitchenMain12.66' x 12.99'Renovated, Tile Floor, W/O To Yard
DiningMain12.66' x 12.99'Tile Floor, O/Looks Backyard, Combined W/Kitchen
BrMain12.01' x 13.85'Bay Window, Renovated, Wainscoting
Living2nd15.16' x 14.99'Renovated, Picture Window, Fireplace
Kitchen2nd10.76' x 12.24'Vinyl Floor, Renovated, Large Window
Dining2nd10.76' x 12.24'Renovated, Vinyl Floor, Combined W/Kitchen
Br2nd11.68' x 12.07'Large Window, Large Closet, Renovated
Br3rd14.99' x 15.16'Renovated, Large Closet
Br3rd10.60' x 15.16'W/O To Deck, Large Closet
KitchenLower8.83' x 11.42'Open Concept, Renovated, Large Window
LivingLower11.52' x 16.77'Renovated, Open Concept, Combined W/Br
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
641 Bathurst St is a 5-bedroom 3-bathroom home listed for sale at $1,880,000, which is $1,060,428 (36.1%) lower than the average sold price of $2,940,428 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in Downtown Toronto increased by $154,872 (5.6%) compared to the previous 30 day period (September 21 - October 20) and up $283,513 (10.7%) from the same time one year ago.
Inventory Change
There were 115 5-bedroom homes listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 30.3% compared with the previous 30 day period (September 21 - October 20) and up 21.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Downtown Toronto typically sold ($110,325) (3.8%) below asking price over the last 30 days (October 21 - November 19), which represents a $41,069 decrease compared to the previous 30 day period (September 21 - October 20) and ($117,415) 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 5-bedroom homes in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 60.9%, up from 31.5% over the previous 30 days (September 21 - October 20) and up from 36.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (October 21 - November 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Freeman Real Estate Ltd.
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