47 Olive Ave

FOR SALE
$1,749,000
47 Olive Ave, Downtown Toronto
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
7 + 2
ROOMS
C9369537
MLSID
Contact Us
Property Description
Welcome to a Timeless Victorian Gem in One of Toronto's Most Sought-After Neighbourhoods. Step into this elegant Victorian home, and instantly feel at ease. Located in an unbeatable setting across from Vermont Square Park, and just steps from the Bill Bolton Hockey Arena, St. Alban's School, and the renowned Summerhill Market, you're also moments away from some of the city's best dining experiences. With four spacious bedrooms, three beautifully updated bathrooms, and an abundance of turnkey living space, this home is filled with natural light and offers everything your family needs. Enjoy the convenience of a dedicated parking spot off the laneway and a low-maintenance lifestyle.The third-floor primary retreat boasts a walk-in closet, a spa-like ensuite, and a private deck perfect for sipping your morning coffee while the finished basement offers a cozy escape with direct access to the backyard. All of this, located in the highly coveted Palmerston school district, makes this home an exceptional opportunity you don't want to miss.
Nearby Intersections
Property Features
Library, Park, Place Of Worship, Public Transit, School
Property Details
Street
Community
Property Type
Att/Row/Townhouse, 3-Storey
Lot Size
13' x 98'
Fronting
South
Taxes
$7,060 (2024)
Basement
Part Fin, W/O
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Lane
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain8.76' x 17.88'Stained Glass, Bay Window, Hardwood Floor
DiningMain11.19' x 11.94'Open Concept, Hardwood Floor, Pot Lights
KitchenMain9.71' x 14.21'Modern Kitchen, W/O To Deck, Stainless Steel Appl
2nd Br2nd12.99' x 13.25'Hardwood Floor, Picture Window, Double Closet
3rd Br2nd7.64' x 9.91'Hardwood Floor, Picture Window, O/Looks Backyard
4th Br2nd8.33' x 12.70'Hardwood Floor, Picture Window, Pot Lights
Prim Bdrm3rd12.76' x 13.19'5 Pc Ensuite, W/I Closet, W/O To Balcony
LaundryLower7.38' x 8.73'Walk-Out, Pot Lights
RecLower11.32' x 13.06'Open Concept, Pot Lights, B/I Shelves
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
47 Olive Ave is a 4-bedroom 3-bathroom townhome listed for sale at $1,749,000, which is $654,568 (59.8%) higher than the average sold price of $1,094,432 in the last 30 days (August 28 - September 26). During the last 30 days the average sold price for a 4 bedroom townhome in Downtown Toronto declined by $41,298 (3.6%) compared to the previous 30 day period (July 29 - August 27) and down $85,681 (7.3%) from the same time one year ago.
Inventory Change
There were 79 4-bedroom townhomes listed in Downtown Toronto over the last 30 days (August 28 - September 26), which is up 41.1% compared with the previous 30 day period (July 29 - August 27) and up 29.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom townhomes in Downtown Toronto typically sold $42,336 (3.9%) above asking price over the last 30 days (August 28 - September 26), which represents a $5,613 decrease compared to the previous 30 day period (July 29 - August 27) and $38,114 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 4-bedroom townhomes in Downtown Toronto over the last 30 days (August 28 - September 26) stood at 31.6%, up from 28.6% over the previous 30 days (July 29 - August 27) and down from 36.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom townhome in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (August 28 - September 26), compared to 63 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Batori Group Inc.
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