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46-48 Amelia St S, Downtown Toronto
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9 + 2
BEDROOMS
5
BATHROOMS
5
KITCHENS
21
ROOMS
C3695246
MLSID
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Property Description
Effortless Investment! Rare Opportunity In Cabbagetown Circa 1928. 5 Plex (4 X 2 Bedroom, 1 X 3 Bedroom) All With Balcony, Fireplace, Parking & Storage. Major Property Upgrades Throughout To This Heritage Multiplex. 46 & 48 Must Be Sold Together; Irregular Lot. Excellent Tenants, Fully Leased, Fantastic Street.
Extras
3 Units Completely Renovated; All Public Areas Renovated; 5 Stoves; 5 Fridges; Tenants Pay Hydro; Separate Laundry; Extensive Upgrades; Gazebo/ Garden.
Property Features
Park, Public Transit, School
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
38' x 128'
Fronting
North
Taxes
$10,578 (2016)
Basement
Apartment, Fin W/O
Exterior
Brick, Brick Front
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
None
Garage Type
None
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
46-48 Amelia St S is a 9-bedroom 5-bathroom home listed for sale at $2,975,000, which is $134,540 (4.7%) higher than the average sold price of $2,840,460 in the last 30 days (March 25 - April 23). 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 24 - March 24) and up $240,460 (9.2%) from the same time one year ago.
Inventory Change
There were 10 9-bedroom homes listed in Downtown Toronto over the last 30 days (March 25 - April 23), which is up 66.7% compared with the previous 30 day period (February 24 - March 24) and up 233.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
9-bedroom homes in Downtown Toronto typically sold ($154,540) (5.4%) below asking price over the last 30 days (March 25 - April 23), which represents a $59,540 decrease compared to the previous 30 day period (February 24 - March 24) 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 25 - April 23) stood at 10.0%, down from 16.7% over the previous 30 days (February 24 - March 24) 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 5-bathroom home in Downtown Toronto stood at 28 days when successfully sold over the last 30 days (March 25 - April 23), compared to 108 days before being removed from the market upon being suspended or terminated.
Listing contracted with Bosley Real Estate Ltd., Brokerage
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