11-11A Elm Grove Ave

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11-11A Elm Grove Ave, Toronto
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0
BEDROOMS
24
BATHROOMS
0
KITCHENS
0
ROOMS
W3957471
MLSID
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Property Description
23 Self-Contained Licensed Apartments In Well-Maintained And Upgraded Income Property Consisting Of 2 Semi-Detached Converted Houses On 2 24' X 165' Lots, 11 And 11 1/2 (Or 11A) To Be Sold Together. 1 X 3-Bdrm, 18 X 1-Bdrms, 4 X Bachelors, Gross Income $193,704, Net Income $133,995. Moderate Rents With Upside In Rapidly Increasing Rental Area, Improving South Parkdale Location Near Liberty Village, Steps To King Street West.
Extras
23 Fridges, 23 Stoves, 2 Gas Boilers, 2 Gas Water Heaters. Rent Roll, Approved Floor Plans And Survey Attached Or By Email. Also Commercial Mls Listing W3957469.
Property Features
Fenced Yard, Hospital, Lake/Pond, Public Transit, Rec Centre, School
Property Details
Property Type
Multiplex, 3-Storey
Approximate Sq.Ft.
5000+
Lot Size
48' x 165'
Acreage
< .50
Lot Irregularities
2 Lots Of 24' X 165'
Fronting
East
Taxes
$12,404 (2016)
Basement
Apartment, Fin W/O
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
6
Driveway
Lane
Garage Type
Detached
Toronto Market Statistics
Toronto Price Trend
11-11A Elm Grove Ave is a 0-bedroom 24-bathroom home listed for sale at $3,290,000, which is $2,209,325 (204.4%) higher than the average sold price of $1,080,675 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 0 bedroom home in Toronto declined by $472,658 (30.4%) compared to the previous 30 day period (January 28 - February 26) and down $94,325 (8.0%) from the same time one year ago.
Inventory Change
There were 7 0-bedroom homes listed in Toronto over the last 30 days (February 27 - March 27), which is up 40.0% compared with the previous 30 day period (January 28 - February 26) and up 250.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
0-bedroom homes in Toronto typically sold $143,450 (13.3%) above asking price over the last 30 days (February 27 - March 27), which represents a $631,116 increase compared to the previous 30 day period (January 28 - February 26) and ($250,000) 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 0-bedroom homes in Toronto over the last 30 days (February 27 - March 27) stood at 57.1%, down from 60.0% over the previous 30 days (January 28 - February 26) and up from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 24-bathroom home in Toronto stood at 10 days when successfully sold over the last 30 days (February 27 - March 27), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Estate Realty, Brokerage
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