340 Ontario St
Moss Park, Downtown Toronto, M5A 2V7
FOR SALE
$1,750,000
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3
BEDROOMS3
BATHROOMS1
KITCHENS7 + 4
ROOMSC8449884
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Property Description
Renovated, handsome red brick 3 bed, 3 bath extra wide semi-detached South Cabbagetown Victorian. Landscaped front gardens with wrought iron fence and gracious front porch. Large front foyer welcomes and leads into spacious front hallway with gracious original wood staircase. Tastefully renovated, this home retains period details including original hardwood floors, deep baseboards, lustrous crown mouldings and rich textured ceiling medallions. Large separate living and dining rooms have large windows, soaring ceilings, gas fireplace and exquisite glass French doors. Modern, renovated eat-in kitchen has sociable centre island with stone counters, breakfast bar, custom backsplash and large patio doors leading out to fully fenced gloriously sunny backyard, deck & landscaped gardens perfect for entertaining and BBQs on warm summer nights! Spacious 2nd floor has three generously sized bedrooms & two full baths. Large primary suite has double closet, large windows overlooking front garden and spa-like 3-pc ensuite w/large shower, heated floors & contemporary vanity. Large 2nd bedroom has closet and large window. Beautiful family bath has classic pedestal sink & sumptuous claw-foot soaker tub. Light filled 3rd bedroom has windows on two sides overlooking the backyard. Fully finished basement has a large media/entertainment room perfect for movie nights, above grade windows, workout space and 3rd full bath with shower and heated floors! Tastefully appointed laundry room has custom folding table, subway tiles and double farmhouse apron sink. Blending original details with modern comforts this elegant South Cabbagetown turnkey home is located close to the shops and restaurants of Parliament Street, just a short walk to downtown and with TTC at your doorstep youre sure to be delighted to call 340 Ontario Street home!
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Extras
Renovated kitchen & baths, new back deck & landscaped gardens. Located on charming & friendly South Cabbagetown block with new luxury mid-rise condo currently being built at top of street, close to new Ontario line subway. **Agent OH Wed**
Property Features
Fenced Yard, Hospital, Library, Park, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2-Storey
Lot Size
21' x 76'
Fronting
West
Taxes
$5,284 (2023)
Basement
Finished, Full
Exterior
Brick Front, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 4.17' x 5.74' | Hardwood Floor, Window, Glass Doors |
| Living | Main | 12.24' x 15.32' | Hardwood Floor, Fireplace, Large Window |
| Dining | Main | 12.17' x 12.24' | Hardwood Floor, French Doors, Large Window |
| Kitchen | Main | 11.32' x 16.08' | Eat-In Kitchen, Centre Island, W/O To Deck |
| Prim Bdrm | 2nd | 12.24' x 12.66' | 3 Pc Ensuite, Hardwood Floor, Large Closet |
| Bathroom | 2nd | 5.58' x 10.66' | 3 Pc Ensuite, Heated Floor, Window |
| 2nd Br | 2nd | 12.24' x 12.50' | Hardwood Floor, Closet, Large Window |
| Bathroom | 2nd | 5.25' x 8.33' | 3 Pc Bath, Soaker, Pedestal Sink |
| 3rd Br | 2nd | 9.58' x 11.42' | Hardwood Floor, Large Window, O/Looks Backyard |
| Media/Ent | Bsmt | 11.84' x 19.32' | Hardwood Floor, Above Grade Window, Pot Lights |
| Bathroom | Bsmt | 5.15' x 8.60' | 3 Pc Bath, Separate Shower, Heated Floor |
| Laundry | Bsmt | 8.83' x 9.91' | Laundry Sink, Hardwood Floor, Above Grade Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
340 Ontario St is a 3-bedroom 3-bathroom home listed for sale at $1,750,000, which is $413,519 (30.9%) higher than the average sold price of $1,336,481 in the last 30 days (June 4 - July 3). During the last 30 days the average sold price for a 3 bedroom home in Downtown Toronto declined by $71,128 (5.1%) compared to the previous 30 day period (May 5 - June 3) and down $57,689 (4.1%) from the same time one year ago.Inventory Change
There were 1,229 3-bedroom homes listed in Downtown Toronto over the last 30 days (June 4 - July 3), which is up 16.4% compared with the previous 30 day period (May 5 - June 3) and up 29.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Downtown Toronto typically sold $30,638 (2.3%) above asking price over the last 30 days (June 4 - July 3), which represents a $32,302 decrease compared to the previous 30 day period (May 5 - June 3) and $90,508 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 (June 4 - July 3) stood at 50.0%, down from 57.3% over the previous 30 days (May 5 - June 3) and down from 82.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Downtown Toronto stood at 13 days when successfully sold over the last 30 days (June 4 - July 3), compared to 35 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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