1278 Davenport Rd

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1278 Davenport Rd, Toronto
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9
BEDROOMS
3
BATHROOMS
3
KITCHENS
18
ROOMS
W3935165
MLSID
Contact Us
Property Description
Once In A Lifetime Opportunity To Invest In A Great Property! Extremely Spacious And Large Solid Triplex With About 1200 Sqf Of Living Space In Each Unit. Perfect Chance To Increase Value. Perfect For Investors, Renovators Or Builder/Contractors. First Time Available Since Over 30 Years. Triple Car Parking Garage With 3 Additional Parking Spaces In Front! Won't Find That In The City Anymore!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-09-17 2020-09-28 11 $2,500 $2,400 Leased
Extras
Close Proximity To Downtown With Easy Access To Public Transit, Parks, Shopping & Dining. Currently Tenanted, Willing To Stay. 3 Hot Water Tanks And Furnace Are Rentals.
Property Features
Public Transit, Rec Centre, School
Property Details
Community
Property Type
Triplex, 3-Storey
Lot Size
50' x 86'
Fronting
North
Taxes
$5,036 (2016)
Basement
Crawl Space
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Built-In
Toronto Market Statistics
Toronto Price Trend
1278 Davenport Rd is a 9-bedroom 3-bathroom home listed for sale at $1,800,000, which is $1,040,460 (36.6%) lower than the average sold price of $2,840,460 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 9 bedroom home in Toronto increased by $240,460 (9.2%) compared to the previous 30 day period (February 23 - March 23) and up $240,460 (9.2%) from the same time one year ago.
Inventory Change
There were 10 9-bedroom homes listed in Toronto over the last 30 days (March 24 - April 22), which is up 66.7% compared with the previous 30 day period (February 23 - March 23) and up 233.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
9-bedroom homes in Toronto typically sold ($154,540) (5.4%) below asking price over the last 30 days (March 24 - April 22), which represents a $59,540 decrease compared to the previous 30 day period (February 23 - March 23) 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 9-bedroom homes in Toronto over the last 30 days (March 24 - April 22) stood at 10.0%, down from 16.7% over the previous 30 days (February 23 - March 23) and down from 33.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 9-bedroom 3-bathroom home in Toronto stood at 28 days when successfully sold over the last 30 days (March 24 - April 22), compared to 108 days before being removed from the market upon being suspended or terminated.
Listing contracted with Urbanlinks Realty Inc., Brokerage
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