557 Markham St
Palmerston-Little Italy, Downtown Toronto, M6G 2L6
FOR SALE
$2,595,000
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5 + 2
BEDROOMS6
BATHROOMS5 + 1
KITCHENS14 + 3
ROOMSC11998881
MLSIDContact Us
Property Description
Great investment property in Little Italy. Multiplex consisting of 6 self-contained rental apartments: 5 x 1 bedroom units & 1 x 2 bedroom/2 level suite; over 4300 sq ft of total living space. Double garage off laneway - possible to add a garden suite (letter attached). Steps to Bathurst subway, Mirvish Village, U of T, Harbord Village, schools, parks, Bloor St. shops & restaurants.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-12 | 2024-10-12 | 61 | $2,295 | - | Expired |
| 2024-04-20 | 2024-06-26 | 67 | $2,295 | - | Terminated |
| 2024-01-15 | 2024-03-31 | 76 | $2,395 | - | Expired |
Nearby Intersections
Bloor & Bathurst (27)
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2 1/2 Storey
Lot Size
22' x 125'
Fronting
East
Taxes
$9,771 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
Lane
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.16' x 14.99' | Hardwood Floor, Bay Window, Combined W/Kitchen |
| Kitchen | Main | 6.99' x 8.17' | Tile Floor, Open Concept |
| Br | Main | 13.48' x 17.09' | Hardwood Floor, French Doors, Fireplace |
| Living | Main | 10.01' x 17.85' | Laminate, Combined W/Dining |
| Kitchen | Main | 6.99' x 12.17' | Laminate, Open Concept |
| Br | Main | 11.15' x 16.34' | Laminate, Closet, W/O To Yard |
| Living | 2nd | 13.09' x 14.34' | Hardwood Floor, W/O To Balcony, Combined W/Dining |
| Kitchen | 2nd | 7.68' x 9.51' | Closet |
| Br | 2nd | 13.85' x 15.85' | Hardwood Floor, Closet |
| Living | 3rd | 10.99' x 13.32' | Hardwood Floor, W/O To Balcony, Combined W/Dining |
| Kitchen | 3rd | 6.92' x 8.99' | 4 Pc Ensuite |
| Br | 3rd | 13.68' x 17.85' | Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
557 Markham St is a 5-bedroom 6-bathroom home listed for sale at $2,595,000, which is $337,260 (14.9%) higher than the average sold price of $2,257,740 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Downtown Toronto declined by $417,786 (15.6%) compared to the previous 30 day period (December 22 - January 20) and down $43,645 (1.9%) from the same time one year ago.Inventory Change
There were 122 5-bedroom homes listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 71.8% compared with the previous 30 day period (December 22 - January 20) and up 60.5% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Downtown Toronto typically sold ($33,435) (1.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $266,747 increase compared to the previous 30 day period (December 22 - January 20) and ($36,659) 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 5-bedroom homes in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 31.1%, up from 26.8% over the previous 30 days (December 22 - January 20) and down from 48.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 6-bathroom home in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Slavens & Associates Real Estate Inc.
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