130 Shuter St

FOR SALE
$1,249,000
130 Shuter St, Downtown Toronto
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5 + 1
BEDROOMS
4
BATHROOMS
3 + 1
KITCHENS
11 + 2
ROOMS
C8489058
MLSID
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Property Description
Great opportunity to own a multiplex rental property in this rapidly transitioning neighborhood. The Jarvis Queen subway station construction is underway! This income property, designated as a Heritage home, features four separate units, two are currently rented and two are vacant. Separate laundry room in basement. Upgraded 1 inch copper main waterline, parking for one car at the rear.
Extras
New cedar shake roof June 2024. 200amp electrical service with breakers.
Nearby Intersections
Property Details
Street
Community
Property Type
Multiplex, 3-Storey
Lot Size
19' x 89'
Fronting
North
Taxes
$6,895 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
1
Driveway
Lane
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain9.97' x 16.99'Hardwood Floor, Bay Window, Fireplace
BrMain7.05' x 12.99'Hardwood Floor, O/Looks Backyard
Prim BdrmMain9.97' x 11.81'Hardwood Floor, Closet, O/Looks Backyard
KitchenMain7.32' x 6.33'Ceramic Floor
Living2nd9.97' x 16.99'Hardwood Floor
Br2nd7.05' x 12.99'Hardwood Floor, O/Looks Backyard
Prim Bdrm2nd9.97' x 11.81'Hardwood Floor, Closet, O/Looks Backyard
Kitchen2nd7.32' x 6.33'Ceramic Floor
Living3rd10.73' x 18.14'Hardwood Floor, W/O To Deck, Open Concept
Br3rd11.22' x 10.66'Hardwood Floor, O/Looks Frontyard, Closet
Kitchen3rd4.99' x 7.97'Skylight, Ceramic Floor
LivingBsmt10.30' x 11.98'Laminate, Open Concept
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
130 Shuter St is a 5-bedroom 4-bathroom home listed for sale at $1,249,000, which is $1,363,902 (52.2%) lower than the average sold price of $2,612,902 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 5 bedroom home in Downtown Toronto declined by $472,466 (15.3%) compared to the previous 30 day period (August 6 - September 4) and up $111,837 (4.5%) from the same time one year ago.
Inventory Change
There were 207 5-bedroom homes listed in Downtown Toronto over the last 30 days (September 5 - October 4), which is up 111.2% compared with the previous 30 day period (August 6 - September 4) and down 1.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Downtown Toronto typically sold ($26,354) (1.0%) below asking price over the last 30 days (September 5 - October 4), which represents a $171,943 increase compared to the previous 30 day period (August 6 - September 4) and ($19,488) 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 5-bedroom homes in Downtown Toronto over the last 30 days (September 5 - October 4) stood at 25.1%, down from 35.7% over the previous 30 days (August 6 - September 4) and up from 22.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (September 5 - October 4), compared to 70 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Regional Realty Ltd.
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Solid Brick 2 Storey Building! 4 Seperate Hydro Meters! Huge Irregular Lot that the Rear! There are 3 Units Consisting of 2X2 Br Units, and 1x1Br.+Den in the Basement. The Basement Furnqace Room/Laundry Room Has a Seperate Rear Entrance for Access. Main and 2nd Floor Units Have Been Updated, and the Bright Lower Unit Is Set Well Above Grade, Providing Exceptional Natural Light. Lower Unit was in the Process of Being Renovated with Partial Kitchen and Washroom. The Property Also Includes a Massive 1,200 Sq Ft Detached Garage With 12' Ceilings suitable for a Possible Workshop. It would Perfect for Multiple Vehicles or Additional Storage. Plenty of Parking Is Available in the Driveway. All Units Are Currently Vacant, Allowing You to Set Your Own Rental Rates. Located With TTC at Your Doorstep, This Property Is a Prime Opportunity for Investors or Homeowners Alike.
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