652 Markham St

FOR SALE
$1,799,000
652 Markham St, Downtown Toronto
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
652 Markham St
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4 + 2
BEDROOMS
4
BATHROOMS
2
KITCHENS
11 + 4
ROOMS
C8433266
MLSID
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Property Description
Stop your search! Welcome to 652 Markham St. Truly a one of a kind property in Seaton Village. Move right into this fully renovated, mechanically updated and meticulously cared for legal duplex with absolutely NO TENANTS TO ASSUME! Larger interior footprint than most properties in this coveted pocket, Seaton Village which neighbours Torontos historic Annex community! Purposely renovated into a legal duplex with extremely rare 3 storey rear addition offering 2 bi level units with a multitude of different uses! Perfect for Multigeneration Ownership, Live and Rent, Full Investment or easily convert back to Single Family! The choice is yours! *** Currently showcasing 2 amazing bi level suites each with separate gas, hydro, HVAC and hot water tanks! *** Single Car detached garage via laneway offers laneway home potential! Impressive 5.7% cap rate if intended as investment property or move in and benefit from income to offset mortgage your mortgage costs. Amazing location in the heart of Seaton Village/The Annex, a vibrant family community steps to Bloor St and Honest Ed's redevelopment. Prime access to Elite Schools, TTC, Delicious Restaurants, Boutique Shops, Grocery Stores, Beautiful Parks and all Toronto has to offer! No tenants to assume on closing - sold with vacant possession! Your Perfect Toronto Home Awaits!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-05-10 2023-07-15 67 $1,899,999 - Expired
2023-03-21 2023-05-10 50 $1,999,999 - Terminated
Extras
Amazing Investment Property - Over $103,000 Net Income Potential - 5.75% Cap Rate! Currently a Legal Duplex with 2 Gas Meters, 2 Hydro Meters. 2 100 Amp Panels, Split HVAC Systems, 2 Hot Water Tanks!
Nearby Intersections
Property Details
Community
Property Type
Att/Row/Townhouse, 2 1/2 Storey
Lot Size
16' x 125'
Fronting
West
Taxes
$8,977 (2024)
Basement
Fin W/O, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Lane
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
DiningMain10.24' x 15.91'Hardwood Floor, Combined W/Living, Renovated
KitchenMain11.68' x 11.75'Renovated, Open Concept, Breakfast Area
BrMain10.83' x 14.50'Hardwood Floor, W/O To Deck, Large Window
Living2nd14.83' x 15.68'Renovated, Open Concept, Bay Window
Dining2nd14.83' x 15.68'Open Concept, Laminate, Combined W/Living
Kitchen2nd11.84' x 13.32'Renovated, Breakfast Bar, O/Looks Dining
Br2nd11.09' x 24.02'Laminate, Large Window, Pot Lights
Br3rd12.50' x 13.16'Laminate, W/O To Sundeck, 3 Pc Ensuite
LivingLower7.15' x 19.16'Tile Floor, Open Concept, Renovated
BrLower10.33' x 10.99'Tile Floor, Window, Renovated
BrLower9.68' x 11.15'Tile Floor, W/O To Yard, Renovated
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
652 Markham St is a 4-bedroom 4-bathroom townhome listed for sale at $1,799,000, which is $847,074 (89.0%) higher than the average sold price of $951,926 in the last 30 days (May 31 - June 29). During the last 30 days the average sold price for a 4 bedroom townhome in Downtown Toronto declined by $152,736 (13.8%) compared to the previous 30 day period (May 1 - May 30) and down $298,319 (23.9%) from the same time one year ago.
Inventory Change
There were 96 4-bedroom townhomes listed in Downtown Toronto over the last 30 days (May 31 - June 29), which is up 21.5% compared with the previous 30 day period (May 1 - May 30) and up 77.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom townhomes in Downtown Toronto typically sold $25,747 (2.7%) above asking price over the last 30 days (May 31 - June 29), which represents a $52,891 decrease compared to the previous 30 day period (May 1 - May 30) and $37,306 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 4-bedroom townhomes in Downtown Toronto over the last 30 days (May 31 - June 29) stood at 39.6%, up from 31.6% over the previous 30 days (May 1 - May 30) and down from 74.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom townhome in Downtown Toronto stood at 28 days when successfully sold over the last 30 days (May 31 - June 29), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Freeman Real Estate Ltd.
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