62 Edinborough Crt

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62 Edinborough Crt, Toronto
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6 + 1
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
12 + 2
ROOMS
W3816682
MLSID
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Property Description
Great Investment Opportunity!! Ideal To Move Into A 3 Bdrm Apt & Rent The Rest Of The Units Or Simply Rent All 3 Units. The Area Is Ideal & Popular With Renters,Steps To Ttc, Backing Onto The Humber River Park & Reverse Ravine! Legal 2-3 Bdrm Units & 1-1 Bdrm Unit! Rent Increase Applies As The Building Was Built Before 1990. Potential Income $4,000-$4,500. Current Tenants Are Month To Month & The Rent Is Below Market Value.Coin Laundry-$200 Income/Month.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-12-01 2021-02-04 65 $1,189,000 $1,050,000 Sold
Extras
All Appliances, 3 Hydro Metres, Coin Operated Laundry.
Property Details
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
32' x 158'
Fronting
South
Taxes
$3,722 (2016)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
Living2nd8.99' x 13.09'
Dining2nd8.01' x 10.01'
Kitchen2nd9.09' x 10.07'
Master2nd6.99' x 8.01'
2nd Br2nd5.84' x 12.99'
3rd Br2nd10.99' x 18.01'
DiningUpper18.01' x 10.99'
MasterUpper4.00' x 6.82'
BrUpper8.99' x 13.09'
BrUpper8.01' x 10.01'
KitchenBsmt9.09' x 10.07'
FamilyBsmt6.99' x 8.01'
Toronto Market Statistics
Toronto Price Trend
62 Edinborough Crt is a 6-bedroom 3-bathroom home listed for sale at $989,000, which is $1,827,149 (64.9%) lower than the average sold price of $2,816,149 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 6 bedroom home in Toronto increased by $339,761 (13.7%) compared to the previous 30 day period (February 19 - March 19) and up $542,255 (23.8%) from the same time one year ago.
Inventory Change
There were 17 6-bedroom homes listed in Toronto over the last 30 days (March 20 - April 18), which is down 46.9% compared with the previous 30 day period (February 19 - March 19) and down 22.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
6-bedroom homes in Toronto typically sold $321,000 (11.4%) above asking price over the last 30 days (March 20 - April 18), which represents a $491,211 increase compared to the previous 30 day period (February 19 - March 19) and ($53,871) 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 6-bedroom homes in Toronto over the last 30 days (March 20 - April 18) stood at 70.6%, up from 31.2% over the previous 30 days (February 19 - March 19) and up from 40.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in Toronto stood at 28 days when successfully sold over the last 30 days (March 20 - April 18), compared to 75 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Professionals Inc., Brokerage
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