61 Cameron St
Kensington-Chinatown, Downtown Toronto, M5T 2H1
FOR SALE
$2,088,000
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6
BEDROOMS3
BATHROOMS3
KITCHENS8 + 4
ROOMSC11919272
MLSIDContact Us
Property Description
Attention Investors! This triplex is located in a great location currently undergoing rapid gentrification in the heart of Kensington-Chinatown! Get in while you still can! 3 separate units with 2 spacious bedrooms in each. Zoned for commercial use as well which makes it suitable for live/work model. Live in one unit and rent out others for steady monthly cash flows! Upgraded kitchen in each unit with quartz counters. Steps to trendy Queen West & Spadina. Only a short walking distance to the future Ontario Line subway station construction underway at Queen & Spadina (completion 2031). Shared parking at rear of building.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-29 | 2024-04-13 | 15 | $3,000 | $3,050 | Leased |
| 2023-05-08 | 2023-05-27 | 20 | $3,000 | $3,000 | Leased |
Extras
All furniture, appliances and ELFs included.
Nearby Intersections
King & Bathurst (311)
Queen & Spadina (148)
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
17' x 80'
Fronting
East
Taxes
$6,996 (2024)
Basement
Sep Entrance, Walk-Up
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
2
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.84' x 9.02' | Ceramic Floor |
| Kitchen | Main | 6.56' x 8.20' | Ceramic Floor, Quartz Counter, Ceramic Back Splash |
| Br | Main | 10.17' x 7.05' | Laminate |
| Br | Main | 9.84' x 7.55' | Laminate, Closet |
| Living | 2nd | 10.01' x 11.48' | Ceramic Floor |
| Kitchen | 2nd | 6.56' x 8.20' | Ceramic Floor, Quartz Counter, Ceramic Back Splash |
| Br | 2nd | 10.66' x 7.55' | Laminate, Closet |
| Br | 2nd | 9.51' x 6.89' | Laminate |
| Living | Bsmt | 13.12' x 12.14' | Ceramic Floor |
| Br | Bsmt | 13.12' x 12.14' | Ceramic Floor |
| Br | Bsmt | 13.12' x 12.14' | Ceramic Floor |
| Kitchen | Bsmt | 12.30' x 9.84' | Ceramic Floor, Quartz Counter, Ceramic Back Splash |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
61 Cameron St is a 6-bedroom 3-bathroom home listed for sale at $2,088,000, which is $45,500 (2.2%) higher than the average sold price of $2,042,500 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 6 bedroom home in Downtown Toronto declined by $923,500 (31.1%) compared to the previous 30 day period (November 18 - December 17) and up $58,100 (2.9%) from the same time one year ago.Inventory Change
There were 18 6-bedroom homes listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is up 38.5% compared with the previous 30 day period (November 18 - December 17) and up 350.0% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Downtown Toronto typically sold ($182,500) (8.9%) below asking price over the last 30 days (December 18 - January 16), which represents a $172,358 decrease compared to the previous 30 day period (November 18 - December 17) and ($79,180) 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 (December 18 - January 16) stood at 11.1%, down from 53.8% over the previous 30 days (November 18 - December 17) and down from 125.0% 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 63 days when successfully sold over the last 30 days (December 18 - January 16), compared to 126 days before being removed from the market upon being suspended or terminated.Listing contracted with Dream Home Realty Inc.
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