287 Gamma St

FOR SALE
$1,049,900
287 Gamma St, Etobicoke
287 Gamma St
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3 + 3
BEDROOMS
3
BATHROOMS
1 + 2
KITCHENS
7 + 3
ROOMS
W12010728
MLSID
Contact Us
Property Description
3 Self-Contained Units! Rare Opportunity To Secure An Income Generating Property Nestled On A 40' X 120' Lot Surrounded By Multi-Million Dollar Homes. This Rare Find Offers Limitless Potential, Live In One Unit While Renting Out The Other 2, Or Hold For Future Development. Fully Upgraded Main Level Features Sun-Filled Layout With A Modern Kitchen, Open Concept Living And Dining, 3 Spacious Bedrooms And A Versatile Office/Den. Newly Renovated Kitchen With Breakfast Bar, Stainless Steel Appliances, Stylish Backsplash And Quartz Counters. Pot Lights And New Flooring In Main Floor Living Areas And Absolutely No Carpet Throughout The Entire Home. Separate Entrance To Lower Level Leads To Two Additional Completely Private Units: A 1-Bedroom Apartment And A Studio Apartment. Shared Laundry Room Facilities With Updated Washer And Dryer. Large Fenced Yard, Detached Garage And Parking For Up To 5 Vehicles. Don't Miss This Unique Opportunity To Invest In A Property That Combines Versatility And Long-Term Potential!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-04-27 2022-05-30 33 $1,600 - Terminated
Property Features
Hospital, Park, Public Transit, School
Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
40' x 120'
Lot Irregularities
3 Self-Contained Units
Fronting
East
Taxes
$4,957 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain9.42' x 12.40'Breakfast Bar, Quartz Counter, Pot Lights
LivingMain14.24' x 11.52'Hardwood Floor, Combined W/Dining, Picture Window
DiningMain10.60' x 7.74'Hardwood Floor, Open Concept, Crown Moulding
DenMain8.01' x 11.15'Hardwood Floor, Large Window, Separate Rm
Prim BdrmMain9.84' x 11.15'Large Closet, Hardwood Floor, Large Window
2nd BrMain10.33' x 10.76'Double Closet, Hardwood Floor, O/Looks Backyard
3rd BrMain9.51' x 10.76'Double Closet, Hardwood Floor, O/Looks Backyard
KitchenLower11.52' x 9.42'Eat-In Kitchen, Breakfast Bar, Open Concept
LivingLower10.99' x 13.58'Tile Floor, Combined W/Kitchen, Large Window
BrLower8.99' x 13.58'Hardwood Floor, Large Window, Separate Rm
KitchenLower12.66' x 8.99'Tile Floor, Open Concept, 3 Pc Ensuite
Etobicoke Market Statistics
Etobicoke Price Trend
287 Gamma St is a 3-bedroom 3-bathroom home listed for sale at $1,049,900, which is $242,698 (18.8%) lower 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 Etobicoke increased by $71,412 (5.8%) compared to the previous 30 day period (December 22 - January 20) and down $8,210 (0.6%) from the same time one year ago.
Inventory Change
There were 676 3-bedroom homes listed in Etobicoke over the last 30 days (January 21 - February 19), which is up 105.5% compared with the previous 30 day period (December 22 - January 20) and up 23.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Etobicoke 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 Etobicoke 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 3-bathroom home in Etobicoke 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 Real Estate Centre Inc.
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