394 Summerhill Ave

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394 Summerhill Ave, Downtown Toronto
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2 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
5 + 2
ROOMS
C3983932
MLSID
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Property Description
Amazing Opportunity To Own This Incredibly Valued Semi-Detached Home. Featuring Hardwood Flooring On The Main Level With High Ceiling & Stainless Steel Appliances. 2nd Level Spa Like Bathroom With Air Jet Lit European Love Tub. Spacious Master Bdrm W/Custom His/Hers Closet & W/O Balcony To Enjoy Your Morning Coffee. Large Finished Self Contained Basement Apartment, Tenant Pays $1,250.00 (Can Stay Or Leave). Dont Miss Out On This Opportunity.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-04-20 2022-05-12 23 $1,599 $1,599 Leased
Extras
Finished Attic With Access. All Appliances, Light Fixtures And Window Coverings. 1 Parking Space, Storage Shed.
Property Details
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
61' x 20'
Fronting
North
Taxes
$4,400 (2017)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
FoyerMain7.22' x 9.02'Ceramic Floor
KitchenMain9.84' x 13.94'Hardwood Floor
LivingMain14.11' x 17.88'Hardwood Floor, Fireplace
DiningMain14.11' x 17.88'Hardwood Floor
Master2nd11.81' x 16.90'His/Hers Closets, W/O To Deck, Balcony
Study2nd8.20' x 10.33'Broadloom
LoftUpper9.02' x 9.02'Broadloom
BrLower13.78' x 23.49'Broadloom
LivingLower13.78' x 23.49'Combined W/Kitchen
KitchenLower13.78' x 23.49'Combined W/Living
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
394 Summerhill Ave is a 2-bedroom 3-bathroom home listed for sale at $1,149,900, which is $53,956 (4.9%) higher than the average sold price of $1,095,944 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 2 bedroom home in Downtown Toronto declined by $84,024 (7.1%) compared to the previous 30 day period (February 24 - March 24) and down $46,701 (4.1%) from the same time one year ago.
Inventory Change
There were 192 2-bedroom homes listed in Downtown Toronto over the last 30 days (March 25 - April 23), which is up 26.3% compared with the previous 30 day period (February 24 - March 24) and up 28.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Downtown Toronto typically sold $76,587 (7.0%) above asking price over the last 30 days (March 25 - April 23), which represents a $1,373 decrease compared to the previous 30 day period (February 24 - March 24) and $73,342 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 2-bedroom homes in Downtown Toronto over the last 30 days (March 25 - April 23) stood at 74.0%, up from 61.8% over the previous 30 days (February 24 - March 24) and up from 71.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Downtown Toronto stood at 11 days when successfully sold over the last 30 days (March 25 - April 23), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group-Summit Realty Inc., Brokerage
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