290 Gerrard St E
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5
BEDROOMS2
BATHROOMS1
KITCHENS7
ROOMSC3845162
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Property Description
Open House - Sat (24th) & Sun (25th) 2-4 Pm. Gorgeous 3-Storey Victorian Nestled In South Cabbage Town. Excellent Opportunity To Get A Piece Of Toronto History In A Rapidly Gentrifying Area, Current Used As A Record Label Office, Easily Converted Back To A 5 Bedroom Residence. Fully Renovated 6 Years Ago. 6 Parking On-Site Parking, Ducted Hvac Throughout.
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Extras
Extras:Ss Dishwaser, Ss Fridge, Elf's, Wndw Coverings,
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
19' x 132'
Fronting
South
Taxes
$15,062 (2017)
Basement
Sep Entrance
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Lane
Garage Type
Other
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
290 Gerrard St E is a 5-bedroom 2-bathroom townhome listed for sale at $1,499,000, which is $263,250 (21.3%) higher than the average sold price of $1,235,750 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 5 bedroom townhome in Downtown Toronto declined by $564,250 (31.3%) compared to the previous 30 day period (February 25 - March 25) and down $65,050 (5.0%) from the same time one year ago.Inventory Change
There were 4 5-bedroom townhomes listed in Downtown Toronto over the last 30 days (March 26 - April 24), which is up 100.0% compared with the previous 30 day period (February 25 - March 25) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom townhomes in Downtown Toronto typically sold ($66,000) (5.3%) below asking price over the last 30 days (March 26 - April 24), which represents a $27,000 decrease compared to the previous 30 day period (February 25 - March 25) and $162,800 less 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 townhomes in Downtown Toronto over the last 30 days (March 26 - April 24) stood at 100.0%, up from 50.0% over the previous 30 days (February 25 - March 25) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 2-bathroom townhome in Downtown Toronto stood at 23 days when successfully sold over the last 30 days (March 26 - April 24), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Metropolitan Commercial Realty Inc., Brokerage
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