47 Olive Ave

FOR SALE
$1,748,999
47 Olive Ave, Downtown Toronto
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
7 + 2
ROOMS
C9380291
MLSID
Contact Us
Property Description
Discover a Timeless Victorian Masterpiece in One of Torontos Most Coveted Neighbourhoods. This elegant home welcomes you with a sense of comfort and sophistication the moment you step inside. Perfectly situated across from Vermont Square Park and just steps from Bill Bolton Hockey Arena, St. Albans School, and the iconic Summerhill Market, you're also minutes away from the city's finest dining and amenities. Featuring four generously sized bedrooms, three beautifully updated bathrooms, and light-filled living spaces, this home offers a perfect blend of charm and modern convenience. Enjoy the added perks of a dedicated laneway parking spot and a low-maintenance lifestyle. The third-floor primary suite is a true retreat, complete with a walk-in closet, spa-like ensuite, and a private deck ideal for a quiet morning coffee. The finished basement offers a cozy hideaway with direct access to the backyard. Situated within the highly sought-after Palmerston school district, this exceptional home presents a rare opportunity for your family to thrive.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-26 2024-10-02 6 $1,749,000 - Terminated
Extras
Remove shed to create 2nd parking spot.
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
DiningMain8.76' x 17.88'Stained Glass, Bay Window, Hardwood Floor
LivingMain11.19' 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 $1,748,999, which is $640,507 (57.8%) higher than the average sold price of $1,108,492 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 4 bedroom townhome in Downtown Toronto increased by $15,020 (1.4%) compared to the previous 30 day period (August 6 - September 4) and down $70,522 (6.0%) from the same time one year ago.
Inventory Change
There were 89 4-bedroom townhomes listed in Downtown Toronto over the last 30 days (September 5 - October 4), which is up 53.4% compared with the previous 30 day period (August 6 - September 4) and up 41.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom townhomes in Downtown Toronto typically sold $40,400 (3.6%) above asking price over the last 30 days (September 5 - October 4), which represents a $9,455 increase compared to the previous 30 day period (August 6 - September 4) and $35,607 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 (September 5 - October 4) stood at 28.1%, down from 31.0% over the previous 30 days (August 6 - September 4) and down from 41.3% 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 18 days when successfully sold over the last 30 days (September 5 - October 4), compared to 59 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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