506 Palmerston Blvd
Palmerston-Little Italy, Downtown Toronto, M6G 2P3
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5 + 1
BEDROOMS4
BATHROOMS3 + 1
KITCHENS12 + 2
ROOMSC4277721
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Property Description
Bright And Spacious, Detached Brick 3 Storey On Palmerston Blvd. 3 Car Garage, Mutual Dr And Lane . Property Consist Of 3 Units Plus Basement. Main Floor: 2 Bedroom Walkout Deck(Tenanted) Pays 2400 Per Month ,2 Floor:2 Bedroom Walkout (Owner Occupied), 3rd Floor : 1 Bedroom Walk Out (Owner Occupied) ,Basement :Bachelor (Owner Occupied , 3 Units Vacant On Closing.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-06-16 | 2021-06-25 | 9 | $2,800 | - | Terminated |
Extras
4 Fridges, 4 Stoves, All Electrical Light Fixtures, 2 Garage Door Openers, Fire Escape, Fire Shutters For The Back Windows, Coin Operated Washer/Dryer. Rental:3 A/C Duckless Wall Units With 1 Condenser ,Furnace{ Boiler)And Hot Water Tank.,
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Property Details
Street
Community
City
Property Type
Detached, 3-Storey
Lot Size
33' x 139'
Fronting
West
Taxes
$11,426 (2018)
Basement
Finished, Part Fin
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
1
Driveway
Mutual
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.32' x 18.67' | Hardwood Floor |
Dining | Main | 11.32' x 14.50' | Hardwood Floor |
Br | Main | 9.68' x 11.91' | Hardwood Floor |
Br | Main | 8.92' x 14.99' | W/O To Deck |
Kitchen | Main | 9.58' x 12.01' | Eat-In Kitchen |
Br | 2nd | 9.68' x 15.26' | Hardwood Floor |
Br | 2nd | 10.17' x 12.17' | Hardwood Floor |
Kitchen | 2nd | 6.82' x 9.91' | Combined W/Dining |
Living | 2nd | 9.68' x 15.91' | W/O To Balcony |
Br | 3rd | 12.34' x 17.16' | Hardwood Floor |
Living | 3rd | 9.25' x 13.75' | Combined W/Kitchen |
Kitchen | 3rd | 10.17' x 11.68' | Walk-Out |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
506 Palmerston Blvd is a 5-bedroom 4-bathroom home listed for sale at $2,395,000, which is $216,869 (8.3%) lower than the average sold price of $2,611,869 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 5 bedroom home in Downtown Toronto increased by $61,719 (2.4%) compared to the previous 30 day period (February 24 - March 24) and down $378,200 (12.6%) from the same time one year ago.Inventory Change
There were 124 5-bedroom homes listed in Downtown Toronto over the last 30 days (March 25 - April 23), which is up 9.7% compared with the previous 30 day period (February 24 - March 24) and up 22.8% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Downtown Toronto typically sold ($8,300) (0.3%) below asking price over the last 30 days (March 25 - April 23), which represents a $33,746 increase compared to the previous 30 day period (February 24 - March 24) 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 25 - April 23) stood at 50.8%, up from 46.9% over the previous 30 days (February 24 - March 24) and down from 59.4% 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 Downtown Toronto stood at 15 days when successfully sold over the last 30 days (March 25 - April 23), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Associates Realty Inc., Brokerage
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