98 Mitchell Ave

Niagara, Toronto, M6J 1B9
FOR SALE
$999,000
98 Mitchell Ave, Toronto
98 Mitchell Ave
98 Mitchell Ave
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2 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
5 + 3
ROOMS
C9375519
MLSID
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Property Description
Super-styling contemporary, renovated 2 bedroom, with separate lower-level (income) in the heart of... everything you could possibly want. Framed by large industrial style windows, the open-concept mainfloor comes with tons of light, herringbone hardwood floors throughout, a modern living/dining space and a high-end kitchen with quartz countertops, that flow straight into the private backyard. Perfect for hosting or just kicking back. Upstairs, the primary bedroom is spacious, with a big beautiful window, a view of the trees, and spacious built-in closet. The bathroom? Heated floors for those chilly mornings. Convenient stacked laundry and a second bedroom that doubles as an office. Tucked away from the action of Queen West and steps to it all; Trinity Bellwoods, F45, amazing coffee, the best restaurants, Lagree, yoga, King West, TTC, bike paths, waterfront and the Gardiner. No car, no problem. It just might be the perfect condo-alternative, no elevators, no maintenance fees. Whatever it is, it feels like home. BONUS: the lower level generates solid monthly income. Stylish, convenient and income-producing. What more could you want? Open house Sat/Sun 2-4pm.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-06-23 2020-06-29 6 $999,000 $1,127,000 Sold
Extras
Amazing Tenant, month to month, $1600 inclusive. Fully renovated lower-level with high ceilings, above grade windows, heated bathroom floor & separate entrance.
Nearby Intersections
Property Details
Community
Property Type
Att/Row/Townhouse, 2-Storey
Lot Size
11' x 50'
Fronting
North
Taxes
$4,857 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Driveway
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain10.70' x 9.51'Hardwood Floor, Pot Lights, Combined W/Dining
DiningMain9.88' x 8.17'Hardwood Floor, Pot Lights, Combined W/Living
KitchenMain7.68' x 12.60'Hardwood Floor, Pot Lights, O/Looks Backyard
2nd Br2nd7.68' x 6.99'Hardwood Floor, Pot Lights, Closet
Prim Bdrm2nd11.19' x 9.97'Hardwood Floor, Closet Organizers, O/Looks Frontyard
BrLower6.96' x 9.97'
LivingLower10.60' x 11.58'Pot Lights, Combined W/Kitchen
KitchenLower4.99' x 5.77'Pot Lights, Combined W/Living
Toronto Market Statistics
Toronto Price Trend
98 Mitchell Ave is a 2-bedroom 2-bathroom townhome listed for sale at $999,000, which is $114,353 (12.9%) higher than the average sold price of $884,647 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 2 bedroom townhome in Toronto increased by $44,612 (5.3%) compared to the previous 30 day period (August 6 - September 4) and down $97,868 (10.0%) from the same time one year ago.
Inventory Change
There were 219 2-bedroom townhomes listed in Toronto over the last 30 days (September 5 - October 4), which is up 119.0% compared with the previous 30 day period (August 6 - September 4) and up 24.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Toronto typically sold ($11,338) (1.3%) below asking price over the last 30 days (September 5 - October 4), which represents a $808 decrease compared to the previous 30 day period (August 6 - September 4) and $15,521 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 2-bedroom townhomes in Toronto over the last 30 days (September 5 - October 4) stood at 20.1%, down from 56.0% over the previous 30 days (August 6 - September 4) and down from 30.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Toronto stood at 25 days when successfully sold over the last 30 days (September 5 - October 4), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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