179 Parkside Dr

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179 Parkside Dr, Toronto
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7
BEDROOMS
7
BATHROOMS
6
KITCHENS
16
ROOMS
W3881706
MLSID
Contact Us
Property Description
Six Units! Stately High Park Home With Six Legal Units On 32 X 136.83 Lot! Directly Across From High Park! Five Units Will Be Vacant On Closing. Mutual Drive Parking For 4/5 Cars In The Rear. Rent As Is, Or Renovate Or Convert Back To Single Family. Many Original Details Remain. One-Two Level Two Bedroom + Den With Two Baths And 5 One Bedrooms. Ideal For Owner/Investor. Furnace Approx. 10 Yrs. Roof Replaced 2016 (Flat Portion More Than 10 Years Old)
Extras
Mostly New Windows. Est Gross $92,688 Exp $21,696. Est Net $70,991 Est Gross Rent If Renovated $120,600, Est Net If Renovated $98,903 With Hydro Paid By Tenants. La To Be Present For All Showings. Nest Smoke Detectors Throughout.
Property Features
Park, Place Of Worship, Public Transit, Waterfront
Property Details
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
2500-3000
Lot Size
32' x 137'
Lot Irregularities
*T/W Ca397661; City Of Toronto
Fronting
East
Taxes
$6,737 (2017)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
None
Toronto Market Statistics
Toronto Price Trend
179 Parkside Dr is a 7-bedroom 7-bathroom home listed for sale at $1,799,900, which is $662,600 (26.9%) lower than the average sold price of $2,462,500 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 7 bedroom home in Toronto increased by $1,057,500 (75.3%) compared to the previous 30 day period (February 25 - March 25) and down $1,711,166 (41.0%) from the same time one year ago.
Inventory Change
There were 6 7-bedroom homes listed in Toronto over the last 30 days (March 26 - April 24), which is down 14.3% compared with the previous 30 day period (February 25 - March 25) and down 40.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
7-bedroom homes in Toronto typically sold ($166,000) (6.7%) below asking price over the last 30 days (March 26 - April 24), which represents a $97,800 increase compared to the previous 30 day period (February 25 - March 25) and ($307,999) 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 7-bedroom homes in Toronto over the last 30 days (March 26 - April 24) stood at 66.7%, up from 14.3% over the previous 30 days (February 25 - March 25) and up from 30.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 7-bedroom 7-bathroom home in Toronto stood at 55 days when successfully sold over the last 30 days (March 26 - April 24), compared to 95 days before being removed from the market upon being suspended or terminated.
Listing contracted with Harvey Kalles Real Estate Ltd., Brokerage
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