499 Jones Ave

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499 Jones Ave, Toronto
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5 + 1
BEDROOMS
4
BATHROOMS
3
KITCHENS
14 + 1
ROOMS
E4070963
MLSID
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Property Description
Great Investment Property In Riverdale! Walking Distance From The Danforth. 1 X 3 Bedroom, 2 X 1 Bedrooms And 1 Work Studio Make This Income Producing Property A Perfect Investment For A Seasoned Or First-Time Buyer. The Apartments Have Been Renovated And Current Rents Have Upside Potential.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-01-12 2022-01-31 21 $1,950 $1,950 Leased
Extras
Legal Description: Pt Lt 3 Pl 443E Toronto As In Ca513079; S/T & T/W Ca513079; City Of Toronto
Property Details
Street
Community
Property Type
Semi-Detached, 2 1/2 Storey
Lot Size
21' x 100'
Acreage
< .50
Fronting
East
Taxes
$4,500 (2017)
Basement
Apartment
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Available
Garage Type
None
Toronto Market Statistics
Toronto Price Trend
499 Jones Ave is a 5-bedroom 4-bathroom home listed for sale at $1,279,000, which is $1,401,827 (52.3%) lower than the average sold price of $2,680,827 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 5 bedroom home in Toronto increased by $279,882 (11.7%) compared to the previous 30 day period (February 19 - March 19) and down $68,781 (2.5%) from the same time one year ago.
Inventory Change
There were 127 5-bedroom homes listed in Toronto over the last 30 days (March 20 - April 18), which is up 0.8% compared with the previous 30 day period (February 19 - March 19) and up 41.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold $22,308 (0.8%) above asking price over the last 30 days (March 20 - April 18), which represents a $46,622 increase compared to the previous 30 day period (February 19 - March 19) and ($66,773) 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 Toronto over the last 30 days (March 20 - April 18) stood at 45.7%, up from 43.7% over the previous 30 days (February 19 - March 19) and down from 61.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Toronto stood at 16 days when successfully sold over the last 30 days (March 20 - April 18), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Ultimate Realty Inc., Brokerage
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