689 Dovercourt Rd
Palmerston-Little Italy, Toronto, M6H 2W7
FOR SALE
$1,699,000
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Property Description
Incredible investment opportunity in a prime Toronto location. This fully tenanted 2.5-storey 2 unit property offers spacious units, each with ample living space, making it ideal for renters and owners alike. The property has been maintained, ensuring a hassle-free experience for the next owner. The main and upper units are bright and roomy, providing comfortable layouts that attract long-term, quality tenants. Additionally, there is a double-car detached garage at the rear, accessible via a laneway, with exciting potential for a future garage suite to generate even more rental income. With a highly desirable location close to transit, schools, and amenities, this property is a rare gem for investors or those looking to live in one unit and rent the other. Dont miss out on this outstanding opportunity!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-01-10 | 2022-02-10 | 31 | $3,000 | $3,000 | Leased |
Nearby Intersections
Bloor & Dufferin (31)
Bloor & Ossington (13)
Property Features
Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
2500-3000
Lot Size
21' x 125'
Fronting
East
Taxes
$7,212 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 12.80' x 14.57' | |
Other | Main | 13.45' x 11.78' | |
Kitchen | Main | 16.70' x 11.48' | |
Kitchen | 2nd | 10.24' x 11.81' | |
Prim Bdrm | 3rd | 13.55' x 11.88' | |
Br | 3rd | 13.98' x 7.32' | |
Rec | Bsmt | 16.70' x 23.16' |
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Toronto Market Statistics
Toronto Price Trend
689 Dovercourt Rd is a 4-bedroom 3-bathroom home listed for sale at $1,699,000, which is $257,698 (13.2%) lower than the average sold price of $1,956,698 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 4 bedroom home in Toronto declined by $64,381 (3.2%) compared to the previous 30 day period (September 1 - September 30) and up $83,600 (4.5%) from the same time one year ago.Inventory Change
There were 673 4-bedroom homes listed in Toronto over the last 30 days (October 1 - October 30), which is down 16.1% compared with the previous 30 day period (September 1 - September 30) and up 19.8% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Toronto typically sold ($26,456) (1.4%) below asking price over the last 30 days (October 1 - October 30), which represents a $703 increase compared to the previous 30 day period (September 1 - September 30) and ($16,532) 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 (October 1 - October 30) stood at 47.3%, up from 27.8% over the previous 30 days (September 1 - September 30) and up from 38.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Toronto stood at 22 days when successfully sold over the last 30 days (October 1 - October 30), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Escarpment Realty Inc.,
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