7 Cobalt Ave
Junction Area, Toronto, M6N 3G3
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2 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS5 + 5
ROOMSW3839856
MLSIDContact Us
Property Description
Excellent Starter Home Opportunity For New Families Or Investors. Newly Renovated Bright Detached Raised Bungalow W/ Private Drive & Separate Entrance To 2 Bedroom Basement Inlaw Suite Apartment. Brand New Appliances & Quartz Counters In Both Kitchens. Basement Features Glass Shower, Fenced Backyard, Main Floor Breakfast Bar. Separate Laundry Room Allows Access For Both Units Located In A Family Friendly Area Close To Schools,Ttc, Parks & Stockyards Shopping.
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Extras
Brand New Appliances: 2 Fridges, 2 Stoves, 2 Dishwashers, 1 Microwave. Washer & Dryer. Newer Furnace, Central Air, Fenced Backyard With Garden Shed. Newly Updated Electrical Wiring Throughout The Home.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Lot Size
31' x 100'
Fronting
East
Taxes
$2,774 (2016)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Ground | 4.13' x 5.58' | Laminate, W/O To Porch, Closet |
| Living | Ground | 10.01' x 11.61' | Laminate, Combined W/Dining, Open Concept |
| Dining | Ground | 10.01' x 11.61' | Laminate, Combined W/Living, Open Concept |
| Kitchen | Ground | 10.01' x 14.90' | Laminate, Breakfast Bar, Eat-In Kitchen |
| Master | Ground | 14.11' x 14.40' | Parquet Floor, O/Looks Frontyard, Closet Organizers |
| 2nd Br | Ground | 9.61' x 10.01' | Parquet Floor, O/Looks Backyard, Double Closet |
| Living | Lower | 9.61' x 12.40' | Laminate, B/I Bookcase, Combined W/Den |
| Dining | Lower | 10.01' x 11.02' | Laminate, Combined W/Kitchen, Open Concept |
| Kitchen | Lower | 10.01' x 11.02' | Laminate, Combined W/Dining, Open Concept |
| Master | Lower | 7.81' x 11.42' | Laminate, Closet, Window |
| 2nd Br | Lower | 8.01' x 8.01' | Laminate, Closet, Window |
| Laundry | Lower | 5.71' x 16.99' | Tile Floor, Separate Rm, Window |
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Toronto Market Statistics
Toronto Price Trend
7 Cobalt Ave is a 2-bedroom 2-bathroom home listed for sale at $789,999, which is $304,505 (27.8%) lower than the average sold price of $1,094,504 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 2 bedroom home in Toronto declined by $70,212 (6.0%) compared to the previous 30 day period (February 26 - March 26) and down $78,327 (6.7%) from the same time one year ago.Inventory Change
There were 210 2-bedroom homes listed in Toronto over the last 30 days (March 27 - April 25), which is up 32.1% compared with the previous 30 day period (February 26 - March 26) and up 28.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold $84,805 (7.7%) above asking price over the last 30 days (March 27 - April 25), which represents a $3,885 increase compared to the previous 30 day period (February 26 - March 26) and $74,321 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 27 - April 25) stood at 70.5%, up from 63.5% over the previous 30 days (February 26 - March 26) and down from 70.6% 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 27 - April 25), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty, Brokerage
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