804 Dovercourt Rd N

FOR SALE
$1,499,000
804 Dovercourt Rd N, Toronto
804 Dovercourt Rd N
804 Dovercourt Rd N
804 Dovercourt Rd N
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4
BEDROOMS
2
BATHROOMS
2
KITCHENS
8
ROOMS
W9349453
MLSID
Contact Us
Property Description
Detached Home with Investment Potential High-Demand Area Ideal for Investors/Builders Excellent opportunity to own a detached property in a high-demand neighborhood, perfect for investors or developers. Currently, the home features 2 rental units with immediate income potential, and the property has the flexibility to be torn down or built up into a 3-unit rental, maximizing returns. Property Features with potential to convert into 3 rental units plus you can build a lane way dwelling. Currently has 2 fully functional rental units with tenants Spacious lot size suitable for redevelopment or additional expansion. Great location in a high-growth area with strong rental demand Ample parking space for multiple vehicles Location: Close to public transit, shopping centers, schools, and amenities. Easy access to major highways and public transportation. Family-friendly neighborhood with strong property value appreciation. Redevelopment opportunity: Build up, convert to multi-units, or design your custom home Rental income: Continue generating income from existing rental units while planning your project Ideal for investors, builders, or developers looking to maximize ROI in a hot market
Extras
New furnace and hotwater tank (owned) all elf, 2 fridge 2 stove in present condition.
Property Features
Library, Place Of Worship, Public Transit, School
Property Details
Property Type
Detached, 2-Storey
Lot Size
25' x 132'
Fronting
West
Taxes
$5,658 (2024)
Basement
Sep Entrance, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Toronto Market Statistics
Toronto Price Trend
804 Dovercourt Rd N is a 4-bedroom 2-bathroom home listed for sale at $1,499,000, which is $422,732 (22.0%) lower than the average sold price of $1,921,732 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in Toronto declined by $26,954 (1.4%) compared to the previous 30 day period (July 20 - August 18) and up $16,194 (0.8%) from the same time one year ago.
Inventory Change
There were 599 4-bedroom homes listed in Toronto over the last 30 days (August 19 - September 17), which is up 64.6% compared with the previous 30 day period (July 20 - August 18) and up 20.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Toronto typically sold ($30,418) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $18,834 increase compared to the previous 30 day period (July 20 - August 18) and ($9,046) 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 (August 19 - September 17) stood at 32.2%, down from 54.7% over the previous 30 days (July 20 - August 18) and down from 36.3% 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 26 days when successfully sold over the last 30 days (August 19 - September 17), compared to 63 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Ultimate Realty Inc.
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