UNAVAILABLE
59 Homewood Ave, Downtown Toronto
Browsing Limit Reached
Please Register for Unlimited Access
7 + 3
BEDROOMS
3
BATHROOMS
2
KITCHENS
14
ROOMS
C3802266
MLSID
Contact Us
Property Description
Beautiful Legal Duplex In The Heart Of Toronto. Originally Built In 1880. Sought After Prime Downtown Location With The Ability To Walk To Yonge-Dundas Square In Under 20 Minutes. Not To Mention The Accessibility Of Being At Wellesley Station In 10 Mins. Main Floor Is Currently Vacant And 2nd Floor And Basement Are Rented By The Room Until Sept 2017.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-01-08 2019-03-31 82 $2,300 - Expired
2018-10-06 2018-11-14 39 $2,300 - Suspended
Extras
One Hwt Rented. Two Washers And Two Dryers. $108,720 Gross Income, $14,645 Expenses Please See Financials Attached To The Listing.
Property Features
Fenced Yard, Hospital, Park, Public Transit
Property Details
Property Type
Semi-Detached, 2 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
20' x 140'
Lot Irregularities
T/W Ca684368;S/T Interest In Ca684368;
Fronting
East
Taxes
$5,105 (2016)
Basement
Fin W/O
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Lane
Garage Type
None
Room Summary
RoomLevelSizeFeatures
DiningMain8.01' x 11.19'Tile Floor, W/O To Yard
KitchenMain12.11' x 11.09'Tile Floor, W/O To Yard
BrMain8.17' x 10.20'Laminate, Window, Closet
BrMain9.61' x 10.30'Laminate, Window, Closet
BrMain7.51' x 12.17'Laminate, Window, Closet
Loft3rd14.07' x 17.09'Balcony, Window
Kitchen2nd10.01' x 11.29'Granite Counter
Living2nd13.39' x 11.09'Window, Open Concept
Br2nd11.19' x 6.79'Laminate, Window, Closet
Br2nd13.09' x 6.10'Laminate, Window, Closet
Br2nd14.21' x 7.61'Laminate, Window, Closet
BrLower8.89' x 16.37'Laminate, Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
59 Homewood Ave is a 7-bedroom 3-bathroom home listed for sale at $1,772,000, which is $479,000 (21.3%) lower than the average sold price of $2,251,000 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 7 bedroom home in Downtown Toronto declined by $401,083 (15.1%) compared to the previous 30 day period (February 9 - March 9) and down $2,161,500 (49.0%) from the same time one year ago.
Inventory Change
There were 3 7-bedroom homes listed in Downtown Toronto over the last 30 days (March 10 - April 8), which is down 66.7% compared with the previous 30 day period (February 9 - March 9) and down 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
7-bedroom homes in Downtown Toronto typically sold ($185,560) (8.2%) below asking price over the last 30 days (March 10 - April 8), which represents a $271,643 decrease compared to the previous 30 day period (February 9 - March 9) and ($407,500) 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 7-bedroom homes in Downtown Toronto over the last 30 days (March 10 - April 8) stood at 166.7%, up from 33.3% over the previous 30 days (February 9 - March 9) and up from 33.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 7-bedroom 3-bathroom home in Downtown Toronto stood at 46 days when successfully sold over the last 30 days (March 10 - April 8), compared to 104 days before being removed from the market upon being suspended or terminated.
Listing contracted with Harvey Kalles Real Estate Ltd., Brokerage
Similar Listings
721 Shaw St, Downtown Toronto
7
BEDS
3
BATHS
$1,999,900
FOR SALE
Steps to Bloor, 721 Shaw is the perfect multi-family residential home to add to your growing portfolio or off-set your mortgage. The property currently boasts nearly $110k in gross annual income and a staggering 4.5% cap rate. The basement suite was renovated in 2020 and features 2-beds and a modern kitchen. The main floor suite includes 2-beds and a sun-drenched kitchen with views of the city skyline. The upper floor is the largest suite, spread over two floors with 3-beds and a sizeable family room. Proximity to Bloor and Ossington make this property extremely easy to access transit and attractive among tenants.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1276728077