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8
BEDROOMS7
BATHROOMS4
KITCHENS13
ROOMSW9248557
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Property Description
Nestled in the heart of Toronto's vibrant Lakeshore Boulevard, this elegant four-apartment building offers a unique blend of classic charm and modern convenience. Perfectly situated to take advantage of the stunning lake views and the lively urban atmosphere, this property is a rare find in a sought-after location. This property is an excellent investment opportunity with its desirable location and well-maintained condition. It provides steady rental income potential and the possibility for future appreciation in one of Toronto's most sought-after neighborhoods. Each of the four apartments is generously sized, featuring open-concept living areas, large windows that flood the space with natural light, and contemporary finishes. The layouts are thoughtfully designed to provide comfort and privacy for each tenant.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-11 | 2024-10-27 | 16 | $2,650 | - | Suspended |
| 2024-06-07 | 2024-07-23 | 46 | $2,399,000 | - | Suspended |
| 2024-06-07 | 2024-06-07 | 0 | $2,499,000 | - | Suspended |
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Property Details
Street
Community
City
Property Type
Multiplex, 3-Storey
Lot Size
30' x 116'
Fronting
South
Taxes
$8,912 (2024)
Basement
Apartment
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Lane
Garage Type
None
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Etobicoke Market Statistics
Etobicoke Price Trend
2504 Lakeshore Blvd W is a 8-bedroom 7-bathroom home listed for sale at $2,350,000, which is $275,000 (13.3%) higher than the average sold price of $2,075,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 8 bedroom home in Etobicoke declined by $1,454,942 (41.2%) compared to the previous 30 day period (September 21 - October 20) and down $480,000 (18.8%) from the same time one year ago.Inventory Change
There were 8 8-bedroom homes listed in Etobicoke over the last 30 days (October 21 - November 19), which is down 20.0% compared with the previous 30 day period (September 21 - October 20) and up 60.0% compared with the same period last year.Sold Price Above/Below Asking ($)
8-bedroom homes in Etobicoke typically sold ($125,000) (6.0%) below asking price over the last 30 days (October 21 - November 19), which represents a $111,693 decrease compared to the previous 30 day period (September 21 - October 20) and $157,500 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 8-bedroom homes in Etobicoke over the last 30 days (October 21 - November 19) stood at 12.5%, down from 40.0% over the previous 30 days (September 21 - October 20) and down from 40.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 8-bedroom 7-bathroom home in Etobicoke stood at 11 days when successfully sold over the last 30 days (October 21 - November 19), compared to 120 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Regal Realty Inc.
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