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26 Wallace Ave, Toronto
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5
BEDROOMS
3
BATHROOMS
3
KITCHENS
8
ROOMS
W3816732
MLSID
Contact Us
Property Description
Great Opportunity To Own An Investment Property. These Separate Units In Central Toronto. Close Proximity To Dufferin Station, Galleria Shopping Centre And Dovercourt Park. Garage In Back With Two Car Parking Accessed From Lane Way. Net Income Of $43,000. Upper And Lower Tenants Are Month To Month And Main Floor Will Be Vacant June 30, 2017.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-04-08 2021-04-10 2 $1,199,900 $1,170,000 Sold
2021-03-15 2021-04-08 24 $1,299,900 - Terminated
Extras
Shared Laundry In The Lower Level. One Hot Water Tank And One Hydro Meter.* Ct564130; City Of Toronto.
Property Features
Park, Public Transit
Property Details
Property Type
Multiplex, 3-Storey
Lot Size
19' x 124'
Fronting
North
Taxes
$3,632 (2016)
Basement
Apartment
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
Detached
Toronto Market Statistics
Toronto Price Trend
26 Wallace Ave is a 5-bedroom 3-bathroom home listed for sale at $899,900, which is $1,711,969 (65.5%) lower than the average sold price of $2,611,869 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 5 bedroom home in Toronto increased by $61,719 (2.4%) compared to the previous 30 day period (February 24 - March 24) and down $378,200 (12.6%) from the same time one year ago.
Inventory Change
There were 124 5-bedroom homes listed in Toronto over the last 30 days (March 25 - April 23), which is up 9.7% compared with the previous 30 day period (February 24 - March 24) and up 22.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold ($8,300) (0.3%) below asking price over the last 30 days (March 25 - April 23), which represents a $33,746 increase compared to the previous 30 day period (February 24 - March 24) and ($19,415) 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 5-bedroom homes in Toronto over the last 30 days (March 25 - April 23) stood at 50.8%, up from 46.9% over the previous 30 days (February 24 - March 24) and down from 59.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Toronto stood at 15 days when successfully sold over the last 30 days (March 25 - April 23), compared to 64 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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