408 Ontario St
Moss Park, Downtown Toronto, M5A 2W1
FOR SALE
$2,288,800
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3 + 2
BEDROOMS5
BATHROOMS2
KITCHENS9 + 4
ROOMSC10404602
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Property Description
The ultimate work from home property. 1/2 the house is a 3-bedroom 3-bathroom home. 1/2 is a Commercial bi-level workspace with a kitchenette, 2 offices/bedrooms and 2 bathrooms, with plenty of storage. The Residential side is impressive w/soaring ceilings, 2 gas fireplaces, stainless steel kitchen and a large deck. The principal bedroom has a spa-like ensuite with a rain shower head, heated towel rack & steam shower..... Nearly 4,000 sf in total.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-05 | 2024-11-02 | 58 | $2,288,800 | - | Terminated |
2024-05-31 | 2024-09-03 | 95 | $2,480,000 | - | Terminated |
2024-04-08 | 2024-05-31 | 53 | $2,580,000 | - | Terminated |
2023-11-29 | 2024-03-05 | 97 | $2,695,000 | - | Expired |
2023-10-11 | 2023-11-29 | 49 | $2,799,000 | - | Terminated |
2023-07-04 | 2023-10-11 | 99 | $2,885,000 | - | Terminated |
2023-07-04 | 2023-10-03 | 91 | $2,885,000 | - | Suspended |
Extras
Top of the line improvements with attention to details. Slate roof. Zoned Commercial / Residential. Steps to public transit, restaurants, shops and cafes. Mins to Yonge & Dundas & Financial District.
Property Features
Hospital, Library, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Sidesplit 4
Approximate Sq.Ft.
3000-3500
Lot Size
50' x 28'
Fronting
West
Taxes
$16,105 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Built-In
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 15.75' x 17.59' | Hardwood Floor, Cathedral Ceiling, Gas Fireplace |
Dining | Main | 12.07' x 12.83' | Hardwood Floor, W/O To Balcony, O/Looks Living |
Kitchen | Main | 8.17' x 11.32' | Stainless Steel Coun, Breakfast Bar, Stainless Steel Appl |
3rd Br | Main | 12.99' x 15.85' | Hardwood Floor, Gas Fireplace |
Prim Bdrm | Upper | 14.50' x 15.49' | Hardwood Floor, 3 Pc Ensuite, Double Closet |
2nd Br | Upper | 10.17' x 15.32' | Hardwood Floor, 4 Pc Ensuite, Double Closet |
Office | Main | 16.50' x 25.00' | Hardwood Floor, Open Concept |
Office | Main | 9.25' x 12.01' | Hardwood Floor, Combined W/Dining |
Kitchen | Main | 6.56' x 4.27' | Hardwood Floor, Galley Kitchen, Stainless Steel Appl |
Office | Lower | 9.06' x 11.68' | Parquet Floor, French Doors, Combined W/Laundry |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
408 Ontario St is a 3-bedroom 5-bathroom home listed for sale at $2,288,800, which is $1,096,088 (91.9%) higher than the average sold price of $1,192,712 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Downtown Toronto declined by $86,213 (6.7%) compared to the previous 30 day period (November 19 - December 18) and down $60,928 (4.9%) from the same time one year ago.Inventory Change
There were 319 3-bedroom homes listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 33.8% compared with the previous 30 day period (November 19 - December 18) and up 27.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Downtown Toronto typically sold ($7,431) (0.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,931 decrease compared to the previous 30 day period (November 19 - December 18) and ($28,262) more 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 (December 19 - January 17) stood at 61.8%, down from 100.8% over the previous 30 days (November 19 - December 18) and down from 83.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 5-bathroom home in Downtown Toronto stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Real Estate Ltd.
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