586 Lauder Ave

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586 Lauder Ave, Toronto
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
C4005177
MLSID
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Property Description
Prestigious Toronto Neighborhood Close To The Heart Of The City. Fantastic Opportunity To Buy A Detached Home In Toronto With Potential For Additional Income. Renovate The Basement Or Whole House And Maximize Your Profit. Public Transportation, Shopping, Restaurants & Great Schools. Separate Entrance Means Possibilities. Elegant And Unique Spiral Staircase, Modern Renovated Kitchen, Exposed Brick Fireplace, Bay Window And High Ceilings. 2 Parking Spots.
Extras
If You Are Looking For Your New Home Or A Great Investment,Then You Found It, Some Tlc Upstairs & A Renovation Downstairs & You Are Ready To Go. Flip For A Quick Profit Or Use As An Income Property. Private Backyard. Detached 1 Car Garage.
Property Details
Property Type
Detached, 2-Storey
Lot Size
25' x 121'
Lot Irregularities
See Full Legal Description In Pdr
Fronting
West
Taxes
$2,936 (2017)
Basement
Sep Entrance, Unfinished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Driveway
Rt-Of-Way
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
DenMain6.10' x 10.33'Bay Window, Laminate, O/Looks Frontyard
LivingMain11.61' x 17.91'Spiral Stairs, Brick Fireplace, Open Concept
DiningMain11.48' x 9.51'Laminate, W/O To Deck, O/Looks Backyard
KitchenMain11.48' x 8.43'Modern Kitchen, B/I Dishwasher, Pot Lights
Master2nd12.89' x 17.22'Double Closet, Laminate, Vaulted Ceiling
Br2nd12.07' x 9.48'Double Closet, Laminate, Vaulted Ceiling
LaundryBsmt22.51' x 6.66'Above Grade Window, Laundry Sink
BrBsmt9.94' x 11.45'Above Grade Window
UtilityBsmt12.17' x 11.84'Concrete Floor
Toronto Market Statistics
Toronto Price Trend
586 Lauder Ave is a 2-bedroom 2-bathroom home listed for sale at $649,000, which is $446,944 (40.8%) lower than the average sold price of $1,095,944 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 2 bedroom home in Toronto declined by $84,024 (7.1%) compared to the previous 30 day period (February 24 - March 24) and down $46,701 (4.1%) from the same time one year ago.
Inventory Change
There were 192 2-bedroom homes listed in Toronto over the last 30 days (March 25 - April 23), which is up 26.3% compared with the previous 30 day period (February 24 - March 24) and up 28.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold $76,587 (7.0%) above asking price over the last 30 days (March 25 - April 23), which represents a $1,373 decrease compared to the previous 30 day period (February 24 - March 24) and $73,342 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 (March 25 - April 23) stood at 74.0%, up from 61.8% over the previous 30 days (February 24 - March 24) and up from 71.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Toronto stood at 11 days when successfully sold over the last 30 days (March 25 - April 23), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc., Brokerage
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