494 Summerhill Ave
Rosedale-Moore Park, Downtown Toronto, M4W 2E5
FOR SALE
$2,499,000
➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
6 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS12 + 3
ROOMSC9374085
MLSIDContact Us
Property Description
Exquisite legal duplex situated in one of Toronto's most prestigious neighborhoods, Rosedale. This exceptional property boasts three units two legal units currently tenanted on a month-to-month basis, and one non conforming unit, making it perfect for both investment opportunities and personal living. Nestled in the heart of Rosedale, this home offers unparalleled access to vibrant city life while providing a tranquil residential atmosphere. With separate entrances for each unit, this property ensures privacy and independence for all tenants and homeowners alike, accommodating a variety of living arrangements. Generate significant rental income from the two occupied units while enjoying the flexibility of utilizing the vacant unit for yourself or as an additional rental source. Recent renovations include new storm windows and substantial investments in property enhancements ensuring both comfort and efficiency. Entertain in style on the expansive 1300 sq ft rooftop patio.
Call
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-15 | 2024-09-30 | 46 | $2,700,000 | - | Terminated |
| 2024-08-12 | 2024-08-15 | 3 | $2,959,000 | - | Terminated |
Call
Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Lot Size
33' x 120'
Fronting
South
Taxes
$12,582 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Mutual
Garage Type
Detached
Call
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
494 Summerhill Ave is a 6-bedroom 3-bathroom home listed for sale at $2,499,000, which is $1,364,307 (35.3%) lower than the average sold price of $3,863,307 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 6 bedroom home in Downtown Toronto increased by $535,574 (16.1%) compared to the previous 30 day period (September 23 - October 22) and up $972,665 (33.6%) from the same time one year ago.Inventory Change
There were 23 6-bedroom homes listed in Downtown Toronto over the last 30 days (October 23 - November 21), which is down 37.8% compared with the previous 30 day period (September 23 - October 22) and up 21.1% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Downtown Toronto typically sold ($130,284) (3.4%) below asking price over the last 30 days (October 23 - November 21), which represents a $16,018 decrease compared to the previous 30 day period (September 23 - October 22) and ($121,192) 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 6-bedroom homes in Downtown Toronto over the last 30 days (October 23 - November 21) stood at 56.5%, up from 40.5% over the previous 30 days (September 23 - October 22) and down from 73.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in Downtown Toronto stood at 35 days when successfully sold over the last 30 days (October 23 - November 21), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realty Specialists Inc.
Similar Listings
Purpose built duplex 1926, two 3-bedroom suites both with private outdoor space, fireplace, bright & airy interiors, crown moulding, leaded glass, spacious principal rooms. Wood trim foyer, divided basement space for storage and shared laundry. Main floor unit recently painted - vacant, easy to show. 1 day notice for upper unit - tenanted (month to month). Great possibilities to convert to single family home, update or renovate.
Call
Spectacular Renovated Cabbagetown Victorian Duplex With High End Finishes. Featuring 10Ft Ceilings & Natural Bamboo Flooring Throughout & Beautiful Kitchens With Quartz Counters. 3 Luxurious Spa Baths, 7.5' Underpinned Basement With A Separate Front Walkout & Private Oasis Garden. Oversized Double Garage. Fantastic Investment Property Or Live In One Unit & Collect Rent From The Other.
Call
RARLEY AVAILABLE - This Two-And-A-Half Story Duplex Is A Rare Gem, Offering Endless Possibilities For Investors & Homeowners Looking To Craft Something Truly Special. With Soaring Ceilings, These 3 Separate Units Are Bathed In Natural Light, Creating Open And Airy Living Spaces That Feel Grand & Inviting. The Property's Flexible Layout Makes It Ideal For Either Maintaining Its Current Setup Or Converting It Into A More Personalized Family Residence. 103 Gloucester FeaturesTwo-2 Bedroom Units and One-1 Bedroom + Loft Style Unit. Distinct Features Include Exposed Brick, Tall Ceilings with Large Windows, 3 Fireplaces, Enclosed Private Backyard & Two Huge Upper Terraces. Ideally Located In The Vibrant Downtown Core, With Tons Of Potential. Property Is Being Sold Under Power Of Sale In" As-Is-Where-Is" Condition.
Call
Large victorian legal duplex w/3rd basement bonus space located in Cabbagetown. 2 story units main floor 3 bdrm, 2nd story 2 bedroom, separate entrances. Bright well maintained close to Parliament St, North of Gerrard. Parks, shopping, great income property great for family investor flexible space. 2 car parking
Call
Fantastic opportunity to Live and/or invest in one of Toronto's hottest West end neighbourhoods! This Meticulously maintained Legal duplex offers 2 1/2 Levels of large bright living space, 5+1 Bedrooms,3 Newly Renovated Kitchens, 3 Newly Renovated washrooms & Much More! This home features 2 large (above grade) units PLUS a Large 2 level in-law suite (Each offering a Separate kitchen & Washroom!). Property is fully tenanted! Close proximity to George Brown College -Steps away from TTC, Restaurants, Shops, Nightlife & more!
Call
Rarely Offered Character Filled Duplex In Highly Desirable Roncesvalles Neighborhood! 2 Spacious Units With Soaring Ceilings, Gleaming Hardwood Floors, Wood Trim & Stained Glass Windows. Intelligent Layout With Lots Of Windows For Natural Light. Main Floor Features: 2 Generous Bedrooms, Living Room With Gas Fireplace, Bay Stained Glass Window, Large Dining Room, Upgraded Kitchen With Granite Counter, Backsplash, Stainless Steel Appliances & Pot Lights And Separate Den With Walk-Out To Yard. Upstairs, The Second Unit Includes 3 Bedrooms, Living Room With Bay Window, Wood Fireplace & Walk-Out To Balcony, Large Dining Room & Generous Kitchen With Lots of Storage, Pot Lights & Backsplash. Sitting On A Nicely Sized Lot With 2 Car Parking & 2 Car Detached Garage. Serene Fenced Backyard Includes Huge New Deck (2024). Perfectly Located On Quiet Street In Family Friendly Neighborhood, Steps to Shops, Amenities, Highpark, Trails, Transit, Schools & More.
Call
Call