218 Montrose Ave

FOR SALE
$1,800,000
218 Montrose Ave, Downtown Toronto
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
218 Montrose Ave
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3
BEDROOMS
2
BATHROOMS
2 + 1
KITCHENS
7 + 1
ROOMS
C9351973
MLSID
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Property Description
Seven words that are rarely spoken together: Large, detached with parking in Little Italy. 218 Montrose is an absolute gem! Much loved by the same family for the last 55 years and now ready for its next chapter. There is so much potential to design the home of your dreams. Large principal rooms, oversized windows (including 3 bays!), character details, hardwood floors, curved crown mouldings and high ceilings. Situated in the heart of Little Italy, with a wide and deep lot. Complete with a single car detached garage. This property is truly stellar. Renovate to your specs in the existing generous footprint, or explore the option to expand further and create a truly grand family home or investment property.
Extras
Excellent dining, shopping and public transit options. A prime Toronto neighbourhood with a rich history. Potential for 2 storey garden suite (as per Laneway Housing Advisors' report).
Nearby Intersections
Property Features
Arts Centre, Hospital, Park, Place Of Worship, Public Transit, School
Property Details
Property Type
Detached, 2-Storey
Lot Size
24' x 110'
Lot Irregularities
irregular
Fronting
West
Taxes
$6,729 (2023)
Basement
Part Fin, Walk-Up
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Mutual
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain10.79' x 14.47'Double Doors, Leaded Glass, Hardwood Floor
DiningMain11.45' x 13.16'Double Doors, Bay Window, Hardwood Floor
KitchenMain16.44' x 9.32'Family Size Kitchen, W/O To Sundeck, Eat-In Kitchen
OfficeMain9.12' x 11.22'O/Looks Garden, Large Window, Hardwood Floor
Prim Bdrm2nd18.01' x 12.93'Bay Window, B/I Closet, Hardwood Floor
2nd Br2nd12.53' x 12.53'Bay Window, B/I Closet, Hardwood Floor
3rd Br2nd9.38' x 10.60'W/O To Sundeck, O/Looks Garden, Galley Kitchen
KitchenLower17.22' x 17.45'Concrete Floor
RecBsmt11.65' x 16.83'Concrete Floor
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
218 Montrose Ave is a 3-bedroom 2-bathroom home listed for sale at $1,800,000, which is $522,941 (40.9%) higher than the average sold price of $1,277,059 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in Downtown Toronto declined by $11,079 (0.9%) compared to the previous 30 day period (July 20 - August 18) and down $55,861 (4.2%) from the same time one year ago.
Inventory Change
There were 935 3-bedroom homes listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 44.5% compared with the previous 30 day period (July 20 - August 18) and up 15.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Downtown Toronto typically sold $6,433 (0.5%) above asking price over the last 30 days (August 19 - September 17), which represents a $6,730 decrease compared to the previous 30 day period (July 20 - August 18) and $37,194 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 homes in Downtown Toronto over the last 30 days (August 19 - September 17) stood at 42.2%, down from 58.4% over the previous 30 days (July 20 - August 18) and down from 42.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Downtown Toronto stood at 20 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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