658 Dundas St W
Kensington-Chinatown, Downtown Toronto, M5T 1H9
FOR SALE
$1,368,000
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3 + 2
BEDROOMS4
BATHROOMS3
KITCHENS3 + 2
ROOMSC12000358
MLSIDContact Us
Property Description
This Legal Triplex Is Situated in one of Toronto's most vibrant and evolving neighbourhoods. The property features a versatile work-live unit on the main floor, plus 2 apts on the second floor with one furnished for short term rental, plus a basement apt. offering immediate cashflow. This downtown located across the new condo development revitalization steps to Kensington Market, Chinatown & Bathurst is ripe for future development. The building is also approved for its rear and third story addition to convert into a mixed use with 6 residential unit and main floor commercial. Already zoned commercial (CR). The architectural plan included is an approved proposal for a rear and 3rd story addition to convert the building into 6 residential units and main floor commercial. Only building permit is required.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-04 | 2025-01-01 | 89 | $1,388,800 | - | Expired |
| 2020-01-09 | 2020-03-17 | 67 | $1,299,000 | - | Suspended |
Property Features
Hospital, Library, Park, Public Transit
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
18' x 90'
Fronting
North
Taxes
$5,679 (2024)
Basement
Apartment, Fin W/O
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
Other
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 16.93' x 45.41' | |
| Prim Bdrm | Bsmt | 7.91' x 12.60' | |
| Br | Bsmt | 7.91' x 10.76' | |
| Living | Bsmt | 8.01' x 12.93' | |
| Dining | Bsmt | 8.01' x 12.34' | |
| Kitchen | Bsmt | 10.50' x 11.09' | |
| Br | 2nd | 14.17' x 8.07' | |
| Kitchen | 2nd | 6.33' x 6.82' | |
| Living | 2nd | 7.35' x 11.52' | |
| Br | 2nd | 11.25' x 8.60' | |
| Kitchen | 2nd | 13.09' x 9.84' | |
| Living | 2nd | 11.25' x 9.25' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
658 Dundas St W is a 3-bedroom 4-bathroom home listed for sale at $1,368,000, which is $75,402 (5.8%) higher than the average sold price of $1,292,598 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Downtown Toronto increased by $71,412 (5.8%) compared to the previous 30 day period (December 22 - January 20) and down $8,210 (0.6%) from the same time one year ago.Inventory Change
There were 676 3-bedroom homes listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 105.5% compared with the previous 30 day period (December 22 - January 20) and up 23.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Downtown Toronto typically sold $27,264 (2.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $35,980 increase compared to the previous 30 day period (December 22 - January 20) and $32,657 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 3-bedroom homes in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 52.8%, down from 53.2% over the previous 30 days (December 22 - January 20) and down from 73.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Downtown Toronto stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Ultimate Realty Inc.
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