641 Bathurst St
University, Downtown Toronto, M5S 2R2
FOR SALE
$1,880,000
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5 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS10 + 3
ROOMSC9514418
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Property Description
Prime investment opportunity ideally located in the heart of Toronto between Bloor St and College St, truly the perfect Toronto location! 3 fully renovated, and self-contained, suites with significant mechanical upgrades throughout including updated wiring, HVAC, roof, windows and plumbing! Benefit from vacant units allowing you to hand select new tenants and immediately capitalize on current market rents! Ideal multi-generational home or live/rent opportunity. Parking via laneway offers possible laneway home resulting in even more property value! No tenants to assume! Potential Gross Income over $110,000 - 5% Cap Rate!!! Low property expenses due to significant property upgrades. Perfect time to take advantage of the recent interest rates cuts and secure an excellent investment property. Located in the best part of Toronto steps to Bloor St, Harbord Village, College Street, Little Italy, Ttc, U of T, Elite Schools, beautiful parks, delicious dining and all the best amenities Toronto offers! 100 Bike score, 98 Transit Score, 95 Walk Score.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-05-06 | 2024-05-17 | 11 | $1,699,000 | - | Terminated |
2024-01-30 | 2024-03-20 | 50 | $2,095,000 | - | Terminated |
2024-03-20 | 2024-05-06 | 47 | $2,049,000 | - | Terminated |
Extras
Dont miss out on this fantastic property! Truly a rare find in the heart of Toronto!
Nearby Intersections
Bloor & Bathurst (44)
Property Features
Fenced Yard, Hospital, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2 1/2 Storey
Lot Size
20' x 125'
Lot Irregularities
*CA563346; EXCEPT THE EASEMENT THERE IN
Fronting
East
Taxes
$7,196 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
Other
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Family | Main | 10.99' x 14.99' | Fireplace, Large Window, Renovated |
Kitchen | Main | 12.66' x 12.99' | Renovated, Tile Floor, W/O To Yard |
Dining | Main | 12.66' x 12.99' | Tile Floor, O/Looks Backyard, Combined W/Kitchen |
Br | Main | 12.01' x 13.85' | Bay Window, Renovated, Wainscoting |
Living | 2nd | 15.16' x 14.99' | Renovated, Picture Window, Fireplace |
Kitchen | 2nd | 10.76' x 12.24' | Vinyl Floor, Renovated, Large Window |
Dining | 2nd | 10.76' x 12.24' | Renovated, Vinyl Floor, Combined W/Kitchen |
Br | 2nd | 11.68' x 12.07' | Large Window, Large Closet, Renovated |
Br | 3rd | 14.99' x 15.16' | Renovated, Large Closet |
Br | 3rd | 10.60' x 15.16' | W/O To Deck, Large Closet |
Kitchen | Lower | 8.83' x 11.42' | Open Concept, Renovated, Large Window |
Living | Lower | 11.52' x 16.77' | Renovated, Open Concept, Combined W/Br |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
641 Bathurst St is a 5-bedroom 3-bathroom home listed for sale at $1,880,000, which is $1,155,135 (38.1%) lower than the average sold price of $3,035,135 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 5 bedroom home in Downtown Toronto increased by $391,130 (14.8%) compared to the previous 30 day period (September 1 - September 30) and up $347,518 (12.9%) from the same time one year ago.Inventory Change
There were 150 5-bedroom homes listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 18.9% compared with the previous 30 day period (September 1 - September 30) and up 13.6% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Downtown Toronto typically sold ($92,898) (3.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $51,959 decrease compared to the previous 30 day period (September 1 - September 30) and ($122,891) 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 (October 1 - October 30) stood at 41.3%, up from 27.6% over the previous 30 days (September 1 - September 30) and up from 35.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (October 1 - October 30), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Freeman Real Estate Ltd.
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