407 Melita Cres

FOR SALE
$1,050,000
407 Melita Cres, Downtown Toronto
407 Melita Cres
407 Melita Cres
407 Melita Cres
407 Melita Cres
407 Melita Cres
407 Melita Cres
407 Melita Cres
407 Melita Cres
407 Melita Cres
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407 Melita Cres
407 Melita Cres
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407 Melita Cres
407 Melita Cres
407 Melita Cres
407 Melita Cres
407 Melita Cres
407 Melita Cres
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407 Melita Cres
407 Melita Cres
407 Melita Cres
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407 Melita Cres
407 Melita Cres
407 Melita Cres
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407 Melita Cres
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
C9397672
MLSID
Contact Us
Property Description
*PERFECT LOCATION, MODERN DESIGN, ULTIMATE CONVENIENCE! MOVE-IN READY!* Situated In The Toronto Wychwood Community. Impeccably Maintained Freehold Townhome Featuring 2 Bed, 2 Bath, And 1 Parking. Stands Out As The Most Upgraded Townhome In The Area. Located On A Peaceful Family-Friendly Street, It Boasts Fresh Paint And Enhanced Illumination With Pot Lights Throughout. New Hardwood Floor Throughout Main And 2nd Floor. Spacious Living Room Combined With Kitchen. And Eat-In Kitchen Contains Upgraded New Quartz Countertop, Backsplash, New Sink, New Faucet And S.S Appliances. Master Bedroom And 2nd Bedroom On The Second Floor Contain Separate Closet And Shared 4PC Bathroom. The Finished Basement Includes A Spacious Open-Concept Recreation Room/Family Room And 3PC Bathroom. This Home Is Perfect For Families Seeking Comfort And Style. 5 Mins Drive To Shoppers And Food Basics, 10 Mins Drive To Walmart. Don't Miss Out On The Opportunity To Make This Your Dream HomeSchedule A Viewing Today!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-01 2024-10-16 15 $899,000 - Terminated
Extras
Fence (2023) Garden Shed (2023) Roof (2017)
Property Details
Community
Property Type
Att/Row/Townhouse, 2-Storey
Lot Size
16' x 55'
Fronting
East
Taxes
$4,356 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Other
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenGround12.80' x 9.84'Eat-In Kitchen, Hardwood Floor, Open Concept
LivingGround12.96' x 12.96'Combined W/Kitchen, Hardwood Floor, Pot Lights
Prim Bdrm2nd9.84' x 10.83'Closet, Hardwood Floor, Window
Br2nd9.51' x 10.17'Closet, Hardwood Floor, Window
FamilyBsmt12.80' x 12.96'Broadloom, Open Concept, Pot Lights
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
407 Melita Cres is a 2-bedroom 2-bathroom townhome listed for sale at $1,050,000, which is $140,264 (15.4%) higher than the average sold price of $909,736 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 2 bedroom townhome in Downtown Toronto increased by $84,726 (10.3%) compared to the previous 30 day period (August 18 - September 16) and down $109,332 (10.7%) from the same time one year ago.
Inventory Change
There were 182 2-bedroom townhomes listed in Downtown Toronto over the last 30 days (September 17 - October 16), which is up 40.0% compared with the previous 30 day period (August 18 - September 16) and up 18.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Downtown Toronto typically sold ($11,517) (1.3%) below asking price over the last 30 days (September 17 - October 16), which represents a $11,412 decrease compared to the previous 30 day period (August 18 - September 16) and $13,134 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 2-bedroom townhomes in Downtown Toronto over the last 30 days (September 17 - October 16) stood at 31.3%, down from 32.3% over the previous 30 days (August 18 - September 16) and down from 33.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Downtown Toronto stood at 23 days when successfully sold over the last 30 days (September 17 - October 16), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Anjia Realty
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