71 Marlow Ave
Danforth Village-East York, Toronto, M4J 3V2
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6
BEDROOMS4
BATHROOMS3
KITCHENS11
ROOMSE4127435
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Property Description
Large, Fully-Renovated 3-Unit Investment Property Walking Distance To The Subway And The The Heart Of Greektown. Bright And Spacious, Each Unit Containing 2 Bedrooms, Beautifully Updated Floors, Kitchens, Bathrooms And Recessed Lighting Throughout. Aaa Tenants And Above Average Cap Rates. This Property Is Ideal For An End User Looking To Live In One Of The Units And Rent Out Remaining Two, Or A Savvy Investor Looking For Turnkey Opportunity.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-09-25 | 2019-10-07 | 12 | $899,000 | $905,005 | Sold |
Extras
Incl: 2 Washer, 2 Dryers, 3 Fridges, 2 Stovse, 1 Electric Cooktop. Excl: Light Fixtures, Tenants' Belongings. Water Heater Rented @ 21.70/Month. Units Not Separately Metered But Tenants Pay All Utilities, Total Bill Is Divided By 3.
Property Features
Library, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
25' x 98'
Fronting
East
Taxes
$3,882 (2017)
Basement
Finished, Sep Entrance
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 8.46' x 12.50' | W/O To Porch, Large Window, Wood Floor |
| Kitchen | Main | 10.33' x 14.17' | Open Concept, Combined W/Dining, Wood Floor |
| Br | Main | 12.01' x 9.42' | Large Window, Wood Floor |
| 2nd Br | Main | 8.07' x 12.50' | , Wood Floor |
| Kitchen | Main | 9.91' x 12.50' | Large Window, W/O To Yard, Wood Floor |
| Living | Upper | 10.83' x 14.93' | Vaulted Ceiling, Wood Floor |
| Br | Upper | 9.68' x 7.58' | Large Window, Vaulted Ceiling, Wood Floor |
| 2nd Br | Upper | 7.09' x 12.50' | Window, Wood Floor |
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Toronto Market Statistics
Toronto Price Trend
71 Marlow Ave is a 6-bedroom 4-bathroom home listed for sale at $1,100,000, which is $2,533,788 (69.7%) lower than the average sold price of $3,633,788 in the last 30 days (April 10 - May 9). During the last 30 days the average sold price for a 6 bedroom home in Toronto increased by $1,571,100 (76.2%) compared to the previous 30 day period (March 11 - April 9) and up $986,495 (37.3%) from the same time one year ago.Inventory Change
There were 39 6-bedroom homes listed in Toronto over the last 30 days (April 10 - May 9), which is up 129.4% compared with the previous 30 day period (March 11 - April 9) and up 14.7% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Toronto typically sold $21,270 (0.6%) above asking price over the last 30 days (April 10 - May 9), which represents a $5,740 decrease compared to the previous 30 day period (March 11 - April 9) and $66,150 less 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 (April 10 - May 9) stood at 43.6%, down from 58.8% over the previous 30 days (March 11 - April 9) and up from 20.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 4-bathroom home in Toronto stood at 19 days when successfully sold over the last 30 days (April 10 - May 9), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Zoocasa Realty Inc., Brokerage
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