207 Avenue Rd

Annex, Toronto, M5R 2J3
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207 Avenue Rd, Toronto
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1 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
C4016431
MLSID
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Property Description
A Unique Opportunity For A Developer, Live/Work Buyer Or Investor To Acquire A Mixed-Use Commercial/ Residential Bldg On Avenue Rd Backing Onto Ramsden Park. Upper Level (2nd And 3rd Fl) Used As A Residential Unit, Easily Converted To Office Space, The Main Level Is Operated By The Owner As A Service-Related Business, Basement Apartment With Separate Entrance Rented At $1200/Month To Month Lease. Property Features; Paved Patio Deck Backing On To Ramsden Park.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2018-09-25 2019-02-01 129 $3,200,000 - Terminated
Extras
Stove,Fridge,Dishwasher,Washer,Dryer,Elf, Furnace (2002, 2008), Cac (2008,2016), Bsmt Waterproofed (2007)Sep Entrance To Lower Lvl. Storage Shed& Deck(2015), Patio Door (2017), (Roof 2018) Sold As-Is Condition. Exc Chandelier In Dining
Property Features
Park, Public Transit, Wooded/Treed
Property Details
Street
Community
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
21' x 100'
Fronting
East
Taxes
$18,134 (2017)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
Toronto Market Statistics
Toronto Price Trend
207 Avenue Rd is a 1-bedroom 4-bathroom home listed for sale at $3,200,000, which is $2,199,379 (219.8%) higher than the average sold price of $1,000,621 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 1 bedroom home in Toronto declined by $535,702 (34.9%) compared to the previous 30 day period (February 19 - March 19) and down $122,692 (10.9%) from the same time one year ago.
Inventory Change
There were 9 1-bedroom homes listed in Toronto over the last 30 days (March 20 - April 18), which is up 12.5% compared with the previous 30 day period (February 19 - March 19) and down 35.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom homes in Toronto typically sold $176,421 (17.6%) above asking price over the last 30 days (March 20 - April 18), which represents a $86,548 increase compared to the previous 30 day period (February 19 - March 19) and $57,047 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 1-bedroom homes in Toronto over the last 30 days (March 20 - April 18) stood at 88.9%, up from 50.0% over the previous 30 days (February 19 - March 19) and up from 57.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 4-bathroom home in Toronto stood at 8 days when successfully sold over the last 30 days (March 20 - April 18), compared to 15 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty Inc., Brokerage
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