372 George St
Moss Park, Downtown Toronto, M5A 2N3
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9 + 6
BEDROOMS4
BATHROOMS4
KITCHENS15 + 3
ROOMSC3740864
MLSIDContact Us
Property Description
Legal Licensed Rooming House/ 15 Rooms+ No Vacancies 'Cash Cow' Updated Throughout $80,700 Income ($63673,02 Net Rent) Main Fl. 4 Apts All W/Kit+ Shared Bath 2nd-Fl 1/W Kit, 3 W/ Shared Kit+ Shared Bath- 3rd Floor 4 Units W/Shared Kit+ Shared Bath Bsmt- New 2 Bdrm Apt
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-23 | 2024-03-22 | 60 | $2,699,000 | - | Expired |
| 2023-10-20 | 2024-01-19 | 92 | $2,899,900 | - | Expired |
Extras
Fully Furnished-7 Fridges-7 Stoves-Hwg Furnace Rental(50.35 +Gst)Hwt Owened-Intercom In Lobby+ Mail Slots-Fully Fenced W/ Wrought Iron Railings -Existing Dec 78 Survey(Copy)+ Schedule 'B' To Be Attached To Offers Excl- Tenant Furnishings
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Property Details
Street
Community
City
Property Type
Multiplex, 3-Storey
Lot Size
22' x 81'
Fronting
West
Taxes
$4,500 (2016)
Basement
Apartment
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
372 George St is a 9-bedroom 4-bathroom home listed for sale at $1,699,999, which is $1,140,461 (40.2%) lower than the average sold price of $2,840,460 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 9 bedroom home in Downtown Toronto increased by $240,460 (9.2%) compared to the previous 30 day period (February 26 - March 26) and up $240,460 (9.2%) from the same time one year ago.Inventory Change
There were 11 9-bedroom homes listed in Downtown Toronto over the last 30 days (March 27 - April 25), which is up 83.3% compared with the previous 30 day period (February 26 - March 26) and up 266.7% compared with the same period last year.Sold Price Above/Below Asking ($)
9-bedroom homes in Downtown Toronto typically sold ($154,540) (5.4%) below asking price over the last 30 days (March 27 - April 25), which represents a $59,540 decrease compared to the previous 30 day period (February 26 - March 26) and ($250,000) 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 9-bedroom homes in Downtown Toronto over the last 30 days (March 27 - April 25) stood at 9.1%, down from 16.7% over the previous 30 days (February 26 - March 26) and down from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 9-bedroom 4-bathroom home in Downtown Toronto stood at 28 days when successfully sold over the last 30 days (March 27 - April 25), compared to 99 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Elite Services Realty Inc., Brokerage
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