FOR SALE
$2,900,000
72 Henry St, Downtown Toronto
72 Henry St
72 Henry St
72 Henry St
72 Henry St
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7 + 2
BEDROOMS
4
BATHROOMS
2
KITCHENS
10 + 3
ROOMS
C11970291
MLSID
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Property Description
AAA Downtown Location. Detached 3-Storey Home With Laneway Parking. Currently Operating As Bed & Breakfast. Long Term Business With Great List Of Existing Clientele. Sellers Retiring. Opportunity To Takeover Business, Live In As Single Family Or Assemble With Neighbouring Properties For Future Development. Located IN MTSA With High Density Development Potential. Buy Now And Hold Until You Sell For Profit In Future. Incredible Value For Large 25' Lot Right Next To University Of Toronto. Walk To Subway, Shops, Hospital & Restaurants. Located In Major Transit Station Area. Prime Downtown Real Estate Development Land.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-12-18 2025-02-12 56 $2,500,000 - Terminated
Property Details
Street
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
2500-3000
Lot Size
25' x 123'
Fronting
West
Taxes
$10,636 (2024)
Basement
Walk-Up
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Lane
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingGround12.50' x 13.55'Bay Window, Hardwood Floor, Moulded Ceiling
DiningGround14.99' x 13.62'Combined W/Living, Hardwood Floor, Closed Fireplace
KitchenGround12.86' x 14.01'Eat-In Kitchen, Tile Floor, W/O To Porch
BrGround10.79' x 15.45'Hardwood Floor, Window
Living2nd12.50' x 17.75'Bay Window, Hardwood Floor
Kitchen2nd8.69' x 13.94'Eat-In Kitchen, Tile Floor, Window
Br2nd9.35' x 12.50'Closet, Hardwood Floor, Window
Br2nd13.16' x 11.19'Closet, Hardwood Floor, Window
Br3rd12.83' x 22.34'Tile Floor, W/I Closet, Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
72 Henry St is a 7-bedroom 4-bathroom home listed for sale at $2,900,000, which is $316,667 (12.3%) higher than the average sold price of $2,583,333 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 7 bedroom home in Downtown Toronto increased by $633,333 (32.5%) compared to the previous 30 day period (December 22 - January 20) and down $1,288,083 (33.3%) from the same time one year ago.
Inventory Change
There were 11 7-bedroom homes listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 175.0% compared with the previous 30 day period (December 22 - January 20) and up 22.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
7-bedroom homes in Downtown Toronto typically sold ($115,000) (4.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $123,888 increase compared to the previous 30 day period (December 22 - January 20) and ($226,583) 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 7-bedroom homes in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 27.3%, up from 25.0% over the previous 30 days (December 22 - January 20) and down from 33.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 7-bedroom 4-bathroom home in Downtown Toronto stood at 43 days when successfully sold over the last 30 days (January 21 - February 19), compared to 74 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max West Realty Inc.
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