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511 Salem Ave N, Toronto
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2 + 2
BEDROOMS
3
BATHROOMS
3
KITCHENS
4 + 5
ROOMS
W3769743
MLSID
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Property Description
Amazing 3 Unit Detached Bungalow. Separate Entry To All 3 Units. Modern Kitchens & Bathrooms W/ Mosaic Tiles & Ceiling Potlights. New Hardwood Floor Throughout Main Level. Finished Water Proofed Basement. Convenient Location At Dovercrt/Davenport. Low Maint. Lower Floor Ensuite Laundry. New Shingles, Stucco & Fresh Paint. Easy Walk To Grocery, Ttc & Parks. Being Sold "As Is", Tnt Willing To Stay. Seller/Agent Do Not Warrant Retrofit Status Of Basement.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-20 2024-03-22 36 $1,400 $1,400 Leased
2024-01-02 2024-02-20 49 $1,700 - Terminated
2022-04-25 2022-05-11 16 $1,350 $1,350 Leased
2020-03-02 2020-03-18 15 $1,350 $1,300 Leased
2019-07-18 2019-07-23 5 $1,350 $1,350 Leased
2019-03-12 2019-03-27 15 $1,300 $1,300 Leased
Extras
Existing 2 (Two) Fridges, 1 (One) Mini Fridge, 1 (One) Mini Freezer, 3 (Three) Stoves, 3 (Three) Rangehoods. Existing Clothes W/D. Furnace (Rental), Tankless Hwt (Rental). Cac. 1 Car Garage Access From Laneway. All Elf's. Garage Dr & Remote
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Street
Property Type
Detached, Bungalow
Lot Size
16' x 126'
Fronting
East
Taxes
$3,399 (2016)
Basement
Fin W/O, Sep Entrance
Exterior
Stucco/Plaster, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Lane
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain19.82' x 11.42'Hardwood Floor, Large Window, Combined W/Kitchen
KitchenMain9.84' x 11.42'Hardwood Floor, Centre Island, Backsplash
DiningMain19.82' x 11.42'Hardwood Floor, Walk-Out
MasterMain11.48' x 6.46'Hardwood Floor, Closet, O/Looks Backyard
2nd BrMain11.71' x 9.61'Hardwood Floor, Closet, Large Window
LivingBsmt8.30' x 9.55'Laminate, Window, Pot Lights
KitchenBsmt6.10' x 9.55'Laminate, Centre Island, Combined W/Living
BrBsmt7.15' x 10.70'Laminate, Window, Closet
LivingBsmt10.60' x 7.64'Laminate, Walk-Out, Pot Lights
2nd BrBsmt8.46' x 8.10'Laminate, Window, Closet
LaundryBsmt5.15' x 8.99'Tile Floor
Toronto Market Statistics
Toronto Price Trend
511 Salem Ave N is a 2-bedroom 3-bathroom home listed for sale at $899,900, which is $258,452 (22.3%) lower than the average sold price of $1,158,352 in the last 30 days (February 28 - March 28). During the last 30 days the average sold price for a 2 bedroom home in Toronto increased by $66,348 (6.1%) compared to the previous 30 day period (January 29 - February 27) and up $34,441 (3.1%) from the same time one year ago.
Inventory Change
There were 155 2-bedroom homes listed in Toronto over the last 30 days (February 28 - March 28), which is up 13.1% compared with the previous 30 day period (January 29 - February 27) and up 7.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold $73,614 (6.4%) above asking price over the last 30 days (February 28 - March 28), which represents a $18,262 increase compared to the previous 30 day period (January 29 - February 27) and $48,264 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 Toronto over the last 30 days (February 28 - March 28) stood at 67.7%, up from 57.7% over the previous 30 days (January 29 - February 27) and down from 76.4% 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 Toronto stood at 10 days when successfully sold over the last 30 days (February 28 - March 28), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Terrequity Realty, Brokerage
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