59 Homewood Ave
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7 + 3
BEDROOMS3
BATHROOMS2
KITCHENS14
ROOMSC3976678
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Property Description
5.2% Cap Rate! $94 Net Income! 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.
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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. Please See Financials Attached To The Listing. Income & Expenses On Attachments. Possibility For 4 Car Parking In The Rear.
Property Features
Fenced Yard, Hospital, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
20' x 140'
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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 8.01' x 11.19' | Tile Floor, W/O To Yard |
| Kitchen | Main | 12.11' x 11.09' | Tile Floor, W/O To Yard |
| Br | Main | 8.17' x 10.20' | Laminate, Window, Closet |
| Br | Main | 9.61' x 10.30' | Laminate, Window, Closet |
| Br | Main | 7.51' x 12.17' | Laminate, Window, Closet |
| Loft | 3rd | 14.07' x 17.09' | Balcony, Window |
| Kitchen | 2nd | 10.01' x 11.29' | Granite Counter |
| Living | 2nd | 13.39' x 11.09' | Window |
| Br | 2nd | 11.19' x 6.79' | Laminate, Window, Closet |
| Br | 2nd | 13.09' x 6.10' | Laminate, Window, Closet |
| Br | 2nd | 14.21' x 7.61' | Laminate, Window, Closet |
| Br | Lower | 8.89' x 16.37' | Laminate, Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
59 Homewood Ave is a 7-bedroom 3-bathroom home listed for sale at $1,795,000, which is $667,500 (27.1%) lower than the average sold price of $2,462,500 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 7 bedroom home in Downtown Toronto increased by $773,000 (45.8%) compared to the previous 30 day period (February 23 - March 23) and down $3,162,500 (56.2%) from the same time one year ago.Inventory Change
There were 7 7-bedroom homes listed in Downtown Toronto over the last 30 days (March 24 - April 22), which is up 16.7% compared with the previous 30 day period (February 23 - March 23) and down 30.0% compared with the same period last year.Sold Price Above/Below Asking ($)
7-bedroom homes in Downtown Toronto typically sold ($166,000) (6.7%) below asking price over the last 30 days (March 24 - April 22), which represents a $21,600 decrease compared to the previous 30 day period (February 23 - March 23) and ($597,500) 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 24 - April 22) stood at 57.1%, up from 33.3% over the previous 30 days (February 23 - March 23) and up from 20.0% 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 55 days when successfully sold over the last 30 days (March 24 - April 22), compared to 95 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Real Estate Ltd., Brokerage
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