70 Dearbourne Ave
North Riverdale, Toronto, M4K 1M7
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Property Description
Desirable Dearbourne....Tree lined and close to all things Prime Riverdale. This classic solid brick 3 storey boasts a handsome facade with an inviting front porch, and has OH, SO MANY POSSIBILITES! Currently configured as two units, it offers the flexibility to be transformed into a spacious single family home, or serve as a smart investment. Imagine enjoying the top 2 floors while renting the main floor to help pay your mortgage, or co-owning it with a friend or family member for shared affordability. Property is updated and comfortable as it is, but could be renovated to someone's' individual needs or style. It has good bones, and many original features. Good size lot, well cared for front and back gardens, deck, and large 2 car garage off the laneway. Both units have access to the basement, and the ceiling height is 7'1" !! This home is a lifestyle choice : It is located a hop to the vibrant dining and shopping of the Danforth, a skip to TTC and DVP, and a mere jump to Riverdale and Withrow Parks. That's not all....it's in Frankland school district. Don't miss the opportunity to own this versatile gem!! Shows well. Home inspection indicates property is in overall good shape : No knob and tube, 200 amp service, Incoming water line has been upgraded, and roof still has a chunk of life left.
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Extras
Second floor unit is vacant, and main floor unit will be vacant by June 2nd , and maybe sooner. Tenant has new digs, and N11 has been signed. Isn't it nice, to not have to worry about that! N.B. Mn Floor pics have been virtually staged.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, 3-Storey
Lot Size
25' x 115'
Fronting
North
Taxes
$8,821 (2023)
Basement
Sep Entrance, Unfinished
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
Lane
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.43' x 17.91' | Bay Window |
| Dining | Main | 9.15' x 10.60' | |
| Kitchen | Main | 6.07' x 8.01' | Walk-Out, Updated |
| Prim Bdrm | Main | 10.76' x 11.09' | Closet, O/Looks Backyard |
| Living | 2nd | 12.66' x 20.34' | Hardwood Floor, Combined W/Dining, Bay Window |
| Dining | 2nd | 9.84' x 20.34' | Hardwood Floor, Combined W/Living |
| Kitchen | 2nd | 6.50' x 10.93' | Hardwood Floor, Eat-In Kitchen, O/Looks Backyard |
| Prim Bdrm | 2nd | 9.58' x 13.32' | Hardwood Floor, Closet, Combined W/Sunroom |
| 3rd Br | 3rd | 9.91' x 16.34' | Wood Floor, Closet |
| 4th Br | 3rd | 9.91' x 11.25' | Wood Floor, Closet |
| Utility | Bsmt | 10.07' x 17.42' |
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Toronto Market Statistics
Toronto Price Trend
70 Dearbourne Ave is a 4-bedroom 2-bathroom home listed for sale at $1,525,000, which is $645,191 (29.7%) lower than the average sold price of $2,170,191 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in Toronto increased by $166,617 (8.3%) compared to the previous 30 day period (March 15 - April 13) and up $60,530 (2.9%) from the same time one year ago.Inventory Change
There were 734 4-bedroom homes listed in Toronto over the last 30 days (April 14 - May 13), which is up 63.5% compared with the previous 30 day period (March 15 - April 13) and up 23.4% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Toronto typically sold $14,231 (0.7%) above asking price over the last 30 days (April 14 - May 13), which represents a $6,380 decrease compared to the previous 30 day period (March 15 - April 13) and $64,276 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 (April 14 - May 13) stood at 38.3%, down from 60.8% over the previous 30 days (March 15 - April 13) and down from 64.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Toronto stood at 16 days when successfully sold over the last 30 days (April 14 - May 13), compared to 49 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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