342 Montrose Ave
Palmerston-Little Italy, Downtown Toronto, M6G 3G8
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Property Description
Incredible Investment Opportunity, 3 Self Contained Units, Updated From Top To Bottom, 2nd & 3rd Floor Is Largest Unit W/3 Bedrooms, Living Room & Kitchen & Walkout To West Facing Sun Deck, Main Floor Has Living Rm & Kitchen & Two Bedrooms, Lower Level Is Open Concept Living Room/Kitchen W/Ceilings And 1 Bdrm, All Units Have Been Updated, 3 - 4 Pc Updated Baths, Each Unit Has Its Own Laundry, Furnace & Air Con, Detached Garage W/2 Car Parking
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Extras
Inclusions: All Existing Appliances 3 Stoves, 3 Hood Fans, 3 Fridges, 3 Washing Machines, 3 Dryers, 3 Furnaces, 3 Hot Water Tanks, 3 A/C Units, Garage Door Opener & Remote, Lighting Fixtures. Excluding: Tenant Window Coverings
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2 1/2 Storey
Lot Size
18' x 116'
Fronting
West
Taxes
$5,407 (2017)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.81' x 11.81' | Laminate, Open Concept, Combined W/Kitchen |
| Kitchen | Main | 7.22' x 11.48' | Ceramic Floor, Updated, Combined W/Living |
| Br | Main | 11.81' x 11.81' | Laminate, Double Closet |
| Br | Main | 13.12' x 9.51' | Laminate, Closet |
| Living | 2nd | 12.30' x 15.09' | Laminate, W/O To Sundeck, Open Concept |
| Kitchen | 2nd | 6.89' x 9.19' | Updated, Ceramic Floor, Open Concept |
| Br | 2nd | 10.83' x 16.40' | Laminate, Closet, Bay Window |
| Br | 3rd | 7.22' x 10.66' | Broadloom, Double Closet |
| Br | 3rd | 10.83' x 15.09' | Broadloom, Closet |
| Living | Lower | 13.12' x 13.12' | Laminate, Open Concept |
| Kitchen | Lower | 13.12' x 9.84' | Ceramic Floor, Updated |
| Br | Lower | 13.12' x 11.15' | Laminate, Large Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
342 Montrose Ave is a 5-bedroom 3-bathroom home listed for sale at $1,449,000, which is $1,203,680 (45.4%) lower than the average sold price of $2,652,680 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 5 bedroom home in Downtown Toronto increased by $191,535 (7.8%) compared to the previous 30 day period (February 23 - March 23) and down $337,389 (11.3%) from the same time one year ago.Inventory Change
There were 122 5-bedroom homes listed in Downtown Toronto over the last 30 days (March 24 - April 22), which is up 4.3% compared with the previous 30 day period (February 23 - March 23) and up 23.2% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Downtown Toronto typically sold ($14,092) (0.5%) below asking price over the last 30 days (March 24 - April 22), which represents a $11,640 increase compared to the previous 30 day period (February 23 - March 23) 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 Downtown Toronto over the last 30 days (March 24 - April 22) stood at 51.6%, up from 47.0% over the previous 30 days (February 23 - March 23) and down from 60.6% 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 Downtown Toronto stood at 15 days when successfully sold over the last 30 days (March 24 - April 22), compared to 65 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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