189 Montrose Ave
Palmerston-Little Italy, Toronto, M6G 1B9
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6 + 1
BEDROOMS4
BATHROOMS2 + 1
KITCHENS9 + 1
ROOMSC4066548
MLSIDContact Us
Property Description
Prime Plus Location. With Cr3 Zoning. Right In The Heart Of Little Italy. Currently 3 Separate Units, 3 Separate Meters. Main Floor 2 Bdrm $1500/Month Lease 02/19 Upper Unit 4 Bdrm $3,500, Lease 09/18 Bsmt Month To Month $800, Plus Hydro. Shared Laundry In Basement. Gas $1,250.45. Insure $2,693. Water/Sew $1,760.82
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Extras
All Appliances And Elf's Included. Location Is Incredible For Income Property. Ground Floor Can Be Converted To Commercial With Existing Zoning.
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2 1/2 Storey
Lot Size
23' x 60'
Fronting
East
Taxes
$4,401 (2017)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
None
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Toronto Market Statistics
Toronto Price Trend
189 Montrose Ave is a 6-bedroom 4-bathroom home listed for sale at $1,249,000, which is $1,926,291 (60.7%) lower than the average sold price of $3,175,291 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 6 bedroom home in Toronto increased by $816,302 (34.6%) compared to the previous 30 day period (February 23 - March 23) and up $937,559 (41.9%) from the same time one year ago.Inventory Change
There were 22 6-bedroom homes listed in Toronto over the last 30 days (March 24 - April 22), which is down 0.0% compared with the previous 30 day period (February 23 - March 23) and down 4.3% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Toronto typically sold $214,761 (6.8%) above asking price over the last 30 days (March 24 - April 22), which represents a $370,852 increase compared to the previous 30 day period (February 23 - March 23) and ($56,713) 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 6-bedroom homes in Toronto over the last 30 days (March 24 - April 22) stood at 59.1%, up from 50.0% over the previous 30 days (February 23 - March 23) and up from 47.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 4-bathroom home in Toronto stood at 12 days when successfully sold over the last 30 days (March 24 - April 22), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd., Brokerage
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