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Property Description
Welcome to 50 George Street, located in picturesque Mimico. This detached two-storey triplex offers a great opportunity for investors, first-time home buyers and down-sizers seeking additional income and/or possible end use for extended family. Both upper & main floor units boasts 2 spacious bedrooms, full kitchen, living room & 4-piece bathroom. Upper unit features an in-suite washer & dryer. Dishwashers in both upper floor & main floor units. Basement unit complete with separate entrance with walk-up, a full kitchen, cozy living room & 4-piece bathroom. Coin-Operated laundry is available for both basement & main floor tenants. Hydro separately metered (main and upper level units). Rear yard, detached triple garage with locked storage, Many Upgrades; Full Rewiring Of Electrical System, 3 New Panels & Meters (2022). Steps from the scenic Mimico Memorial Park and Mimico Tennis Club and the famous San Remo Bakery, shopping and restaurants. Convenient access to TTC transit and QEW.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-05-03 | 2024-08-22 | 111 | $1,419,000 | - | Terminated |
Nearby Intersections
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
33' x 145'
Fronting
West
Taxes
$5,651 (2024)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
Rt-Of-Way
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Upper | 12.14' x 20.83' | Combined W/Dining, Hardwood Floor, Picture Window |
Dining | Upper | 12.14' x 20.83' | |
Prim Bdrm | Upper | 8.27' x 12.99' | Hardwood Floor, Hardwood Floor |
2nd Br | Upper | 11.15' x 11.81' | Hardwood Floor |
Kitchen | Upper | 12.99' x 8.27' | Ceramic Floor, Eat-In Kitchen |
Living | Main | 13.91' x 14.40' | Hardwood Floor, Picture Window |
Prim Bdrm | Main | 11.48' x 12.07' | Hardwood Floor, Closet |
2nd Br | Main | 9.91' x 12.07' | Hardwood Floor |
Kitchen | Main | 8.23' x 12.89' | Ceramic Floor, Eat-In Kitchen, W/O To Yard |
Living | Bsmt | 11.32' x 13.75' | Hardwood Floor |
Br | Bsmt | 9.74' x 10.66' | Hardwood Floor |
Kitchen | Bsmt | 8.23' x 12.89' |
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Etobicoke Market Statistics
Etobicoke Price Trend
50 George St is a 5-bedroom 3-bathroom home listed for sale at $1,388,800, which is $868,940 (38.5%) lower than the average sold price of $2,257,740 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in Etobicoke declined by $417,786 (15.6%) compared to the previous 30 day period (December 22 - January 20) and down $43,645 (1.9%) from the same time one year ago.Inventory Change
There were 122 5-bedroom homes listed in Etobicoke over the last 30 days (January 21 - February 19), which is up 71.8% compared with the previous 30 day period (December 22 - January 20) and up 60.5% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Etobicoke typically sold ($33,435) (1.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $266,747 increase compared to the previous 30 day period (December 22 - January 20) and ($36,659) 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 5-bedroom homes in Etobicoke over the last 30 days (January 21 - February 19) stood at 31.1%, up from 26.8% over the previous 30 days (December 22 - January 20) and down from 48.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Etobicoke stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Atria Realty Inc.
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