342 Melita Ave

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342 Melita Ave, Downtown Toronto
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
8 + 3
ROOMS
C3855256
MLSID
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Property Description
Gorgeous Renovated 3 Storey Town-Home Located In Highly Sought After Wychwood Community, Minutes To Christie Subway & Downtown, Features 3+1 Bedrooms, 3 Full Baths Newly Upgraded, Beautiful Hardwood Flooring Throughout, Ss Appliances, Granite Counters, Pot Lights, Smooth Ceilings, Laneway Access To Privately Fenced Patio/Parking + Deck, Spacious Finished Basement With Laminate.
Extras
Walk To Parks, Grocery, Restaurants On Christie Or St. Clair Or Bloor, Schools, Library, Don't Miss This Oppurtunity.
Property Features
Fenced Yard, Park, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Att/Row/Townhouse, 3-Storey
Lot Size
14' x 56'
Fronting
South
Taxes
$3,106 (2017)
Basement
Finished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Lane
Garage Type
Other
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
342 Melita Ave is a 3-bedroom 3-bathroom townhome listed for sale at $949,900, which is $130,897 (12.1%) lower than the average sold price of $1,080,797 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom townhome in Downtown Toronto increased by $23,258 (2.2%) compared to the previous 30 day period (February 26 - March 26) and down $4,114 (0.4%) from the same time one year ago.
Inventory Change
There were 272 3-bedroom townhomes listed in Downtown Toronto over the last 30 days (March 27 - April 25), which is down 1.1% compared with the previous 30 day period (February 26 - March 26) and up 27.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Downtown Toronto typically sold $31,508 (2.9%) above asking price over the last 30 days (March 27 - April 25), which represents a $16,714 decrease compared to the previous 30 day period (February 26 - March 26) and $56,654 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 3-bedroom townhomes in Downtown Toronto over the last 30 days (March 27 - April 25) stood at 61.8%, up from 54.5% over the previous 30 days (February 26 - March 26) and down from 79.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Downtown Toronto stood at 18 days when successfully sold over the last 30 days (March 27 - April 25), compared to 40 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group - Commitment Realty Ltd., Brokerage
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