75 Mutual St
Church-Yonge Corridor, Downtown Toronto, M5B 2A9
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BEDROOMS2
BATHROOMS1
KITCHENS9
ROOMSC3989698
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Property Description
Amazing Opportunity To Own An Income Property W/ Approvals To Build An Additional 4,190 Sf Of Lease-Able Space. Build Out, Lease Out & Create Huge Equity For Residential Or Office! Already Approved For Student Housing & Located In The Heart Of The Ryerson University Hub. Owner Occupants Can Purchase A Property To Grow W/ Their Business. Current Building Is 2655 Sqft. But Can
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Extras
6 Parking As Current Use But Zero Parking Upon Creation Of Extension. Property Is Located In Between "Max" Condos And "Ivy" Condos Which Is Being Built. This Area Is A Hot Spot In The Garden District. See Virtual Tour & Existing Floor Plan.
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Property Details
Street
Community
City
Property Type
Multiplex, 3-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
20' x 100'
Fronting
East
Taxes
$20,600 (2017)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Lane
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Family | Main | 21.26' x 13.62' | Hardwood Floor, Irregular Rm |
| Br | Main | 9.61' x 13.81' | Hardwood Floor, Window |
| Br | Main | 11.42' x 10.33' | Broadloom, W/O To Balcony |
| Br | 2nd | 11.22' x 13.94' | Hardwood Floor, Large Window |
| Office | 2nd | 8.63' x 11.22' | Hardwood Floor, Staircase |
| Br | 2nd | 12.57' x 11.25' | Hardwood Floor, Large Window |
| Br | 2nd | 9.42' x 13.91' | Hardwood Floor, W/O To Balcony |
| Br | 3rd | 14.53' x 7.78' | Hardwood Floor, Window |
| Br | 3rd | 14.11' x 13.81' | Hardwood Floor, Irregular Rm |
| Cold/Cant | Bsmt | 7.09' x 7.45' | Broadloom |
| Cold/Cant | Bsmt | 15.16' x 5.54' | Concrete Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
75 Mutual St is a 7-bedroom 2-bathroom home listed for sale at $2,499,900, which is $37,400 (1.5%) higher than the average sold price of $2,462,500 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 7 bedroom home in Downtown Toronto increased by $1,057,500 (75.3%) compared to the previous 30 day period (February 26 - March 26) and down $2,292,750 (48.2%) from the same time one year ago.Inventory Change
There were 6 7-bedroom homes listed in Downtown Toronto over the last 30 days (March 27 - April 25), which is down 14.3% compared with the previous 30 day period (February 26 - March 26) and down 45.5% compared with the same period last year.Sold Price Above/Below Asking ($)
7-bedroom homes in Downtown Toronto typically sold ($166,000) (6.7%) below asking price over the last 30 days (March 27 - April 25), which represents a $97,800 increase compared to the previous 30 day period (February 26 - March 26) and ($230,999) 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 27 - April 25) stood at 66.7%, up from 14.3% over the previous 30 days (February 26 - March 26) and up from 36.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 7-bedroom 2-bathroom home in Downtown Toronto stood at 55 days when successfully sold over the last 30 days (March 27 - April 25), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West D&S Group, Brokerage
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