506 Palmerston Blvd

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506 Palmerston Blvd, Downtown Toronto
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5 + 1
BEDROOMS
4
BATHROOMS
3 + 1
KITCHENS
12 + 2
ROOMS
C4277721
MLSID
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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.
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.,
Property Details
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
Room Summary
RoomLevelSizeFeatures
LivingMain11.32' x 18.67'Hardwood Floor
DiningMain11.32' x 14.50'Hardwood Floor
BrMain9.68' x 11.91'Hardwood Floor
BrMain8.92' x 14.99'W/O To Deck
KitchenMain9.58' x 12.01'Eat-In Kitchen
Br2nd9.68' x 15.26'Hardwood Floor
Br2nd10.17' x 12.17'Hardwood Floor
Kitchen2nd6.82' x 9.91'Combined W/Dining
Living2nd9.68' x 15.91'W/O To Balcony
Br3rd12.34' x 17.16'Hardwood Floor
Living3rd9.25' x 13.75'Combined W/Kitchen
Kitchen3rd10.17' x 11.68'Walk-Out
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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