2 Dewson St
Palmerston-Little Italy, Downtown Toronto, M6G 1E1
FOR SALE
$1,450,000
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Property Description
This 3 storey semi-detached home in desirable Little Italy presents a unique opportunity for renovation and customization. Nestled in a sought-after neighborhood known for its vibrant culture and rich history, this property is primed for a transformation. The interior of the home offers a blank canvas for a discerning buyer with a vision for modernization. With its characteristic charm and proximity to lively cafes, quaint shops, and eclectic eateries, this property is an ideal blank slate for creating an incredible living space in the heart of Little Italy.
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Extras
Walking distance to restaurants, public transit and parks and everything this vibrant community has to offer.
Nearby Intersections
College & Ossington (12)
Property Features
Public Transit, School
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Property Details
Street
Community
City
Property Type
Semi-Detached, 3-Storey
Lot Size
21' x 80'
Fronting
North
Taxes
$3,171 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.75' x 3.25' | |
| Dining | Main | 15.68' x 12.01' | |
| Kitchen | Main | 15.68' x 10.76' | |
| Prim Bdrm | 2nd | 15.68' x 13.58' | |
| 2nd Br | 2nd | 15.68' x 9.68' | |
| 3rd Br | 2nd | 9.68' x 10.99' | |
| 4th Br | 3rd | 15.32' x 15.68' | |
| 5th Br | 3rd | 9.74' x 13.58' | |
| Rec | Lower | 15.42' x 31.33' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
2 Dewson St is a 5-bedroom 1-bathroom home listed for sale at $1,450,000, which is $1,331,008 (47.9%) lower than the average sold price of $2,781,008 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 5 bedroom home in Downtown Toronto increased by $198,249 (7.7%) compared to the previous 30 day period (March 15 - April 13) and down $154,254 (5.3%) from the same time one year ago.Inventory Change
There were 222 5-bedroom homes listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 113.5% compared with the previous 30 day period (March 15 - April 13) and up 52.1% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Downtown Toronto typically sold $39,350 (1.4%) above asking price over the last 30 days (April 14 - May 13), which represents a $41,775 increase compared to the previous 30 day period (March 15 - April 13) and $49,535 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 (April 14 - May 13) stood at 28.4%, down from 51.9% over the previous 30 days (March 15 - April 13) and down from 51.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 1-bathroom home in Downtown Toronto stood at 15 days when successfully sold over the last 30 days (April 14 - May 13), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Slavens & Associates Real Estate Inc.
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