101 Marchmount Rd
Wychwood, Downtown Toronto, M6G 2B2
FOR SALE
$1,030,000
![101 Marchmount Rd, Downtown Toronto](https://media.realestatebay.ca/C1/19/55/87/1/1.960.jpg)
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Property Description
A Renovator's Dream! Discover endless possibilities with this spacious semi-detached property located in the desirable Wychwood area of Toronto. This unique home features three kitchens, making it perfect for investors looking to create multi-family living spaces or transform it into a stunning single-family residence. With a generous layout, this property is a blank canvas waiting for your personal touch and the potential to unlock significant value is evident. Dont miss your chance to invest in a prime location surrounded by vibrant community amenities, parks, and schools. Seize this opportunity to create your vision in one of Torontos sought-after neighborhoods! Schedule your viewing today and imagine the possibilities!
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2 1/2 Storey
Lot Size
17' x 96'
Fronting
South
Taxes
$5,694 (2024)
Basement
Sep Entrance, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
Detached
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
101 Marchmount Rd is a 4-bedroom 2-bathroom home listed for sale at $1,030,000, which is $834,015 (44.7%) lower than the average sold price of $1,864,015 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 4 bedroom home in Downtown Toronto increased by $237,502 (14.6%) compared to the previous 30 day period (December 20 - January 18) and down $49,263 (2.6%) from the same time one year ago.Inventory Change
There were 470 4-bedroom homes listed in Downtown Toronto over the last 30 days (January 19 - February 17), which is up 88.0% compared with the previous 30 day period (December 20 - January 18) and up 34.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Downtown Toronto typically sold $9,584 (0.5%) above asking price over the last 30 days (January 19 - February 17), which represents a $37,739 increase compared to the previous 30 day period (December 20 - January 18) and ($20,372) 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 4-bedroom homes in Downtown Toronto over the last 30 days (January 19 - February 17) stood at 39.8%, down from 46.0% over the previous 30 days (December 20 - January 18) and down from 56.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (January 19 - February 17), compared to 69 days before being removed from the market upon being suspended or terminated.Listing contracted with Accsell Realty Inc.
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