FOR SALE
$1,198,000
454 Gerrard St E, Downtown Toronto
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
454 Gerrard St E
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5 + 1
BEDROOMS
4
BATHROOMS
2 + 1
KITCHENS
9 + 3
ROOMS
C9036658
MLSID
Contact Us
Property Description
BEAUTIFUL UPGRADED INCOME PROPERTY, Nestled in the heart of Toronto's Cabbage Town neighborhood, Exceptionally rare 3-story, Semi-Detached Totally Turnkey w/3-Self Contained Units Has Been Lovingly & Meticulously Updated Throughout this well-maintained home offers a perfect blend of historic charm & modern convenience: Vaulted Ceilings, Crown Moldings, Bright Windows Providing Loads Of Natural Light. An Amazing Opportunity For Both Investors & End Users - Comfortably Live-In One Suite & Earn Income From The Rest! Short Stroll To Cabbage tow Restaurants, Grocery, Butchers, Gourmet Shops. The Upper Unit has a large open concept living, dining & sociable eat-in kitchen, 2nd floor and entire 3rd floor Primary Suite w/3-pc ensuite & spectacular roof-top terrace plus large bdr; making it an exceptional opportunity for owner-occupied. Ideal for living/renting or investing w/premium rental units in the heart of Cabbage town, steps to the Riverdale Farm.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-15 2024-07-12 88 $1,248,800 - Terminated
Extras
Each Unit Has It's Own Laundry! INCOME PROPERTY.
Property Details
Property Type
Semi-Detached, 3-Storey
Lot Size
16' x 45'
Fronting
East
Taxes
$4,824 (2023)
Basement
Apartment, Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
Great RmMain5.25' x 7.87'Laminate, Combined W/Kitchen, Pot Lights
KitchenMain5.25' x 7.87'Ceramic Floor, Custom Counter, Modern Kitchen
Prim BdrmMain7.87' x 8.20'Laminate, Pot Lights, Window
Great Rm2nd10.83' x 14.11'Laminate, Open Concept, Window
Kitchen2nd4.92' x 14.11'Laminate, W/O To Greenbelt, Window
2nd Br2nd10.14' x 12.83'Laminate, W/O To Sundeck, Pot Lights
Prim Bdrm3rd11.58' x 13.81'Laminate, 3 Pc Ensuite, Window
3rd Br3rd11.58' x 13.81'Laminate, Pot Lights, Window
Great RmBsmt11.52' x 12.63'Ceramic Floor, Combined W/Kitchen, Window
KitchenBsmt11.52' x 12.63'Ceramic Floor, Combined W/Great Rm, Family Size Kitchen
Prim BdrmBsmt11.58' x 13.81'Laminate, Pot Lights, Window
2nd BrBsmt9.51' x 9.61'Laminate, Pot Lights, Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
454 Gerrard St E is a 5-bedroom 4-bathroom home listed for sale at $1,198,000, which is $1,750,463 (59.4%) lower than the average sold price of $2,948,463 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 5 bedroom home in Downtown Toronto declined by $434,424 (12.8%) compared to the previous 30 day period (July 20 - August 18) and down $10,581 (0.4%) from the same time one year ago.
Inventory Change
There were 156 5-bedroom homes listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 64.2% compared with the previous 30 day period (July 20 - August 18) and up 10.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Downtown Toronto typically sold ($111,814) (3.8%) below asking price over the last 30 days (August 19 - September 17), which represents a $80,252 increase compared to the previous 30 day period (July 20 - August 18) and $5,793 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 5-bedroom homes in Downtown Toronto over the last 30 days (August 19 - September 17) stood at 26.3%, down from 29.5% over the previous 30 days (July 20 - August 18) and up from 26.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (August 19 - September 17), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Premier Inc.
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