11 St. Patricks Sq
Kensington-Chinatown, Downtown Toronto, M5T 1W8
FOR SALE
$1,295,000
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BEDROOMS3
BATHROOMS2
KITCHENS7
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Property Description
Welcome home to the best priced, turnkey 2-unit, 30 day+ Airbnb rental home in the best location Toronto has to offer! Accommodates up to 13 guests! Airbnb host account with over 300 reviews available with purchase of home. Located on a quiet street in the heart of downtown Toronto, this is the hidden gem you never knew existed. The possibilities of this home are endless. It can be a fantastic airbnb rental property, or rent both units out long term or you can live in one unit while renting out the other unit. All this while sitting on a future re-development site. You do not want to miss this unique opportunity! Includes all furnishings in the home. Offers anytime, property is not going to bids.
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 2-Storey
Lot Size
15' x 45'
Lot Irregularities
Irregular
Fronting
East
Taxes
$4,404 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
11 St. Patricks Sq is a 3-bedroom 3-bathroom townhome listed for sale at $1,295,000, which is $190,321 (17.2%) higher than the average sold price of $1,104,679 in the last 30 days (May 31 - June 29). During the last 30 days the average sold price for a 3 bedroom townhome in Downtown Toronto declined by $23,405 (2.1%) compared to the previous 30 day period (May 1 - May 30) and up $20,748 (1.9%) from the same time one year ago.Inventory Change
There were 308 3-bedroom townhomes listed in Downtown Toronto over the last 30 days (May 31 - June 29), which is up 0.3% compared with the previous 30 day period (May 1 - May 30) and up 9.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Downtown Toronto typically sold $12,259 (1.1%) above asking price over the last 30 days (May 31 - June 29), which represents a $34,367 decrease compared to the previous 30 day period (May 1 - May 30) and $62,336 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 3-bedroom townhomes in Downtown Toronto over the last 30 days (May 31 - June 29) stood at 43.8%, down from 45.9% over the previous 30 days (May 1 - May 30) and down from 76.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Downtown Toronto stood at 16 days when successfully sold over the last 30 days (May 31 - June 29), compared to 38 days before being removed from the market upon being suspended or terminated.Listing contracted with Brad J. Lamb Realty 2016 Inc.
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