996-998 Avenue Rd
Yonge-Eglinton, Toronto, M5P 2K8
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8
BEDROOMS4
BATHROOMS4
KITCHENS20
ROOMSC4273023
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Property Description
Midtown Investment Property In Chaplin Estates. Immaculate Detached Legal Fourplex. Steps Away To The Future Eglinton Crosstown Lrt. Short Walk To Yonge-Eglinton Ttc Subway. Shops And Restaurants Just Footsteps Away. Nearby Schools Incl. Oriole Park Ps, North Toronto Ci. Large Lot, 50 X 111.66 Feet. Appliances: 4 Fridges, 4 Stoves, 4 Washers, 4 Dryers. 1 Dishwasher. Hwt Rental Paid By Tenants. Potential For Additional Basement Suites.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2018-12-20 | 2019-01-14 | 26 | $2,695,000 | $2,380,000 | Sold |
Extras
Separate Hydro Meters.Thermal Windows 2001,Shingles/Flat Roof 2008,Furnace 2005,Electrical Panel 2004,Waterproofing 2007.Hardwood Flooring Throughout..Mutual Driveway And Parking For Four.Tuck Pointing 2004. Over 4,700 Sqft!
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Property Details
Street
Community
City
Property Type
Fourplex, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
50' x 112'
Fronting
West
Taxes
$8,642 (2018)
Basement
Sep Entrance, Unfinished
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Mutual
Garage Type
Other
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Toronto Market Statistics
Toronto Price Trend
996-998 Avenue Rd is a 8-bedroom 4-bathroom home listed for sale at $2,695,000, which is $547,500 (25.5%) higher than the average sold price of $2,147,500 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 8 bedroom home in Toronto increased by $750,834 (53.8%) compared to the previous 30 day period (February 9 - March 9) and down $952,500 (30.7%) from the same time one year ago.Inventory Change
There were 4 8-bedroom homes listed in Toronto over the last 30 days (March 10 - April 8), which is down 0.0% compared with the previous 30 day period (February 9 - March 9) and down 42.9% compared with the same period last year.Sold Price Above/Below Asking ($)
8-bedroom homes in Toronto typically sold ($500) (0.0%) below asking price over the last 30 days (March 10 - April 8), which represents a $46,433 increase compared to the previous 30 day period (February 9 - March 9) and ($198,000) 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 10 - April 8) stood at 50.0%, down from 75.0% over the previous 30 days (February 9 - March 9) 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 4-bathroom home in Toronto stood at 9 days when successfully sold over the last 30 days (March 10 - April 8), compared to 175 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Bayview Realty Inc., Brokerage
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Updated Fourplex in the Centre of Little Italy with attractive below-market rents-a fantastic investment opportunity. Excellent location-steps to College Streetcar, Parks, Cafes, Dining & more!! Main floor- 3 Bedrooms; 2nd floor- 4 Bedrooms + Balcony; Lower Level- 2 Bedrooms at front, 1 Bedroom at rear. Patio space Plus 3-4 Parking spaces (via laneway) at rear.
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