1409 Gerrard St E

UNAVAILABLE
1409 Gerrard St E, Toronto
Browsing Limit Reached
Please Register for Unlimited Access
1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
2
ROOMS
E3988234
MLSID
Contact Us
Property Description
Fully Occupied Residential Retail Building In Trendy Gerrard India Bazaar. Stable Secure Revenue. Large Lot With Building Expansion Possibilities. Highly Sought After Gerrard St Frontage With Downtown Transit At Door.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2018-09-13 2018-11-15 63 $869,000 - Expired
Extras
Excellent Opportunity For Steady Revenue With Long Term Appreciation Potential. Countless Possibilities...Renovate, Expand, Or Simply Continue To Enjoy Stable Secure Cash-Flow Every Month.
Property Details
Property Type
Store W/Apt/Offc, 2-Storey
Lot Size
19' x 100'
Lot Irregularities
Irregular
Fronting
South
Taxes
$13,382 (2017)
Basement
Other
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
2
Driveway
Other
Garage Type
Other
Toronto Market Statistics
Toronto Price Trend
1409 Gerrard St E is a 1-bedroom 2-bathroom condo listed for sale at $875,000, which is $274,307 (45.7%) higher than the average sold price of $600,693 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 1 bedroom condo in Toronto increased by $3,634 (0.6%) compared to the previous 30 day period (January 28 - February 26) and down $14,192 (2.3%) from the same time one year ago.
Inventory Change
There were 1,396 1-bedroom condos listed in Toronto over the last 30 days (February 27 - March 27), which is up 25.0% compared with the previous 30 day period (January 28 - February 26) and up 29.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Toronto typically sold ($10,941) (1.8%) below asking price over the last 30 days (February 27 - March 27), which represents a $973 decrease compared to the previous 30 day period (January 28 - February 26) and ($8,010) 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 1-bedroom condos in Toronto over the last 30 days (February 27 - March 27) stood at 45.7%, down from 48.2% over the previous 30 days (January 28 - February 26) and down from 64.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Toronto stood at 26 days when successfully sold over the last 30 days (February 27 - March 27), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Connect Realty, Brokerage
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1271598130