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BEDROOMS5
BATHROOMS5
KITCHENS22
ROOMSC3960467
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Property Description
Prestigious East Annex Street. Massive 5280Sf. Striking Victorian Architecture. 5 Rental Units. Rarely Available Opportunity To Purchase 2 Adjacent Properties With 63 Madison (On Mls) Or On It's Own. $121,000 Gross Rent. Good Return. Main Flr Can Be Owner's Suite. Bi-Level 2+1 Bedrooms+Office, 2 Baths+Fenced Yard. 2nd Flr:Massive 1361Sf 2 Bedroom Unit. 3rd Flr:Large 1246Sf 2 Bedroom Unit. Bsmt: 2 Separate 1 Bedroom Unit. Near Uoft, Bloor Street & Subway.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-07-27 | 2023-08-01 | 6 | $4,300 | $4,400 | Leased |
| 2022-08-18 | 2022-08-22 | 4 | $4,100 | $4,100 | Leased |
Extras
5 Fridges, 5 Stoves, 3 Dishwashers, 2 Washers, 2 Dryers, Shed
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Property Details
Street
Community
City
Property Type
Semi-Detached, 3-Storey
Lot Size
25' x 126'
Fronting
East
Taxes
$11,946 (2017)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
1
Driveway
Rt-Of-Way
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.48' x 12.47' | Open Concept, Hardwood Floor |
| Dining | Main | 11.48' x 12.14' | Hardwood Floor |
| Kitchen | Main | 14.44' x 15.09' | Centre Island, Breakfast Bar, Walk-Out |
| Br | Main | 11.48' x 13.45' | His/Hers Closets, W/O To Deck, Hardwood Floor |
| Office | Main | 6.89' x 11.48' | B/I Shelves, Hardwood Floor |
| Br | Main | 11.15' x 11.81' | His/Hers Closets, Hardwood Floor |
| Living | 2nd | 11.15' x 18.37' | Bay Window, Closet, Hardwood Floor |
| Kitchen | 2nd | 15.09' x 18.70' | Combined W/Dining, Eat-In Kitchen, W/O To Balcony |
| Br | 2nd | 11.48' x 13.45' | Closet, Hardwood Floor |
| Br | 2nd | 12.47' x 11.48' | Closet, Hardwood Floor |
| Living | 3rd | 14.11' x 19.36' | Large Closet, Hardwood Floor |
| Kitchen | 3rd | 15.09' x 13.12' | Combined W/Dining, W/O To Balcony, Hardwood Floor |
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Toronto Market Statistics
Toronto Price Trend
61 Madison Ave is a 8-bedroom 5-bathroom home listed for sale at $2,499,000, which is $452,250 (22.1%) higher than the average sold price of $2,046,750 in the last 30 days (March 23 - April 21). During the last 30 days the average sold price for a 8 bedroom home in Toronto increased by $514,250 (33.6%) compared to the previous 30 day period (February 22 - March 22) and down $3,303,250 (61.7%) from the same time one year ago.Inventory Change
There were 5 8-bedroom homes listed in Toronto over the last 30 days (March 23 - April 21), which is down 16.7% compared with the previous 30 day period (February 22 - March 22) and down 28.6% compared with the same period last year.Sold Price Above/Below Asking ($)
8-bedroom homes in Toronto typically sold ($62,250) (3.0%) below asking price over the last 30 days (March 23 - April 21), which represents a $18,350 decrease compared to the previous 30 day period (February 22 - March 22) and ($145,000) 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 8-bedroom homes in Toronto over the last 30 days (March 23 - April 21) stood at 80.0%, up from 33.3% over the previous 30 days (February 22 - March 22) and up from 14.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 8-bedroom 5-bathroom home in Toronto stood at 61 days when successfully sold over the last 30 days (March 23 - April 21), compared to 11 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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