1907 Queen St E

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1907 Queen St E, Toronto
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2
BEDROOMS
7
BATHROOMS
7
KITCHENS
16
ROOMS
E3934058
MLSID
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Property Description
Fabulous Opportunity In Prime Beach! Your Options Are Endless, Live, Work Or Strictly An Investment Property. Detached Home With Seven Units One Block From The Beach And Boardwalk! Large 24.67 X 140' Lot With 4+ Parking And Potential To Expand. Renovated Throughout With 2-1 Bedrms Units & 5 Studios. Potential To Build A 3000 Sq Ft. Extension.
Extras
3 Studios And 1-1 Bedroom Unit Are Completely Furnished With Dishes And Linens, 7 Fridges,6 Stoves, Coin Operated W/D. Security Camera. Topography Survey. All Units Legal And Retro-Fitted. Gross Over $107,000, Vtb Up To 20% Available.
Property Features
Public Transit
Property Details
Street
Community
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
25' x 140'
Fronting
South
Taxes
$9,608 (2017)
Basement
Apartment
Exterior
Alum Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Toronto Market Statistics
Toronto Price Trend
1907 Queen St E is a 2-bedroom 7-bathroom home listed for sale at $1,899,000, which is $805,166 (73.6%) higher than the average sold price of $1,093,834 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom home in Toronto declined by $74,898 (6.4%) compared to the previous 30 day period (February 25 - March 25) and down $64,676 (5.6%) from the same time one year ago.
Inventory Change
There were 200 2-bedroom homes listed in Toronto over the last 30 days (March 26 - April 24), which is up 28.2% compared with the previous 30 day period (February 25 - March 25) and up 32.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold $80,184 (7.3%) above asking price over the last 30 days (March 26 - April 24), which represents a $66 decrease compared to the previous 30 day period (February 25 - March 25) and $70,915 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 2-bedroom homes in Toronto over the last 30 days (March 26 - April 24) stood at 73.5%, up from 62.2% over the previous 30 days (February 25 - March 25) and up from 70.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 7-bathroom home in Toronto stood at 12 days when successfully sold over the last 30 days (March 26 - April 24), compared to 42 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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