281 Montrose Ave
Palmerston-Little Italy, Downtown Toronto, M6G 3G6
FOR SALE
$1,695,000
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Property Description
Bright and Spacious 3-bedroom house, located on corner lot on Montrose Ave in Little Italy. Detached 2-storey, with private drive, single garage, and landscaped lawns with mature lilacs. Original wood wainscoting and leaded-glass art deco French doors and windows. Hardwood floors. Kitchen with top grade stainless steel appliances and ample cupboards. Walk-out to private fenced garden Spa bathroom with steam and Japanese soaking tub, custom-built closets. Gas fireplace and new high efficiency boiler installed Oct 2024. Just steps away from cafes, restaurants, shopping, and public transit. Easy walk to Christie Pits and Trinity Bellwoods Park. Close to schools and healthcare. Dont miss out on this fantastic location and turnkey home.
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Property Features
Library, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
58' x 40'
Fronting
East
Taxes
$7,704 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Main | 12.14' x 4.92' | Wainscoting, Hardwood Floor, Closet |
Living | Main | 12.14' x 19.36' | Gas Fireplace, Hardwood Floor, Stained Glass |
Dining | Main | 11.48' x 11.48' | Wainscoting, French Doors, Separate Rm |
Kitchen | Main | 11.48' x 15.75' | W/O To Yard, Stainless Steel Appl, Pot Lights |
Prim Bdrm | Upper | 11.81' x 12.80' | Hardwood Floor, W/W Closet, B/I Shelves |
2nd Br | Upper | 11.48' x 11.48' | Hardwood Floor, Window |
3rd Br | Upper | 11.81' x 11.48' | Hardwood Floor, Closet, Window |
Bathroom | Upper | 8.20' x 13.45' | Separate Shower, W/W Closet, Combined W/Laundry |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
281 Montrose Ave is a 3-bedroom 2-bathroom home listed for sale at $1,695,000, which is $400,734 (31.0%) higher than the average sold price of $1,294,266 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 3 bedroom home in Downtown Toronto increased by $111,403 (9.4%) compared to the previous 30 day period (December 20 - January 18) and down $5,944 (0.5%) from the same time one year ago.Inventory Change
There were 684 3-bedroom homes listed in Downtown Toronto over the last 30 days (January 19 - February 17), which is up 111.1% compared with the previous 30 day period (December 20 - January 18) and up 26.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Downtown Toronto typically sold $27,175 (2.1%) above asking price over the last 30 days (January 19 - February 17), which represents a $38,493 increase compared to the previous 30 day period (December 20 - January 18) and $31,158 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 (January 19 - February 17) stood at 54.4%, down from 56.5% over the previous 30 days (December 20 - January 18) and down from 77.4% 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 21 days when successfully sold over the last 30 days (January 19 - February 17), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Associates Realty Inc.
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