50 George St

Mimico, Etobicoke, M8V 2S2
FOR SALE
$1,419,000
50 George St, Etobicoke
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5
BEDROOMS
3
BATHROOMS
3
KITCHENS
12
ROOMS
W8303078
MLSID
Contact Us
Property Description
Exceptional Investment Opportunity In Highly Sought-After Mimico! This Well Maintained, Detached Brick, Triplex House Features 3 Self-Contained Units; 2 Above Grade Units & 1 Unit In Basement. Both Upper & Main Floor Units Consist Of 2 Spacious Bedrooms, Full Kitchen, Living Room& 4-Pc Bathrooms. Upper Unit Has An In-Suite Washer & Dryer. Dishwashers In Both Upper Floor &Main Floor Units. Basement Unit Features A Walk-Up, Kitchen, Living Room & 4-Pc Bathroom. 1696 Sq Ft Above Grade And 627 Sq Ft Finished Living Space in Basement. Hydro Separately Metered, Rear Detached Garage Has 3 Parking Spots & Locked Storage. Many Upgrades- Full Rewiring Of Electrical System, 3New Panels & Meters (2022), High Efficiency Boiler (2020). All 3 Units Currently Leased. Steps from Mimico Memorial Park, Mimico Tennis Club (Red Clay Courts), Minutes To TTC & QEW.
Extras
Energy Star Double Glazed Windows, Video CameraSurveillance System (3 Cameras, PVR, Google Nest Door Camera (2022),Drain Water Heat Recovery,Solar Thermal Panels (Roof), New Front Door Installed May 2024.
Nearby Intersections
Property Features
Park, Public Transit, School
Property Details
Street
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
33' x 145'
Fronting
West
Taxes
$5,264 (2023)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
Rt-Of-Way
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingUpper12.14' x 20.83'Combined W/Dining, Hardwood Floor, Picture Window
DiningUpper12.14' x 20.83'
Prim BdrmUpper8.27' x 12.99'Hardwood Floor, Hardwood Floor
2nd BrUpper11.15' x 11.81'Hardwood Floor
KitchenUpper12.99' x 8.27'Ceramic Floor, Eat-In Kitchen
LivingMain13.91' x 14.40'Hardwood Floor, Picture Window
Prim BdrmMain11.48' x 12.07'Hardwood Floor, Closet
2nd BrMain9.91' x 12.07'Hardwood Floor
KitchenMain8.23' x 12.89'Ceramic Floor, Eat-In Kitchen, W/O To Yard
LivingBsmt11.32' x 13.75'Hardwood Floor
BrBsmt9.74' x 10.66'Hardwood Floor
KitchenBsmt8.23' x 12.89'
Etobicoke Market Statistics
Etobicoke Price Trend
50 George St is a 5-bedroom 3-bathroom home listed for sale at $1,419,000, which is $1,836,903 (56.4%) lower than the average sold price of $3,255,903 in the last 30 days (June 6 - July 5). During the last 30 days the average sold price for a 5 bedroom home in Etobicoke increased by $543,880 (20.1%) compared to the previous 30 day period (May 7 - June 5) and up $522,353 (19.1%) from the same time one year ago.
Inventory Change
There were 173 5-bedroom homes listed in Etobicoke over the last 30 days (June 6 - July 5), which is down 21.4% compared with the previous 30 day period (May 7 - June 5) and up 28.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Etobicoke typically sold ($76,330) (2.3%) below asking price over the last 30 days (June 6 - July 5), which represents a $88,017 decrease compared to the previous 30 day period (May 7 - June 5) and ($2,407) 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 5-bedroom homes in Etobicoke over the last 30 days (June 6 - July 5) stood at 34.1%, down from 35.9% over the previous 30 days (May 7 - June 5) and down from 65.9% 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 16 days when successfully sold over the last 30 days (June 6 - July 5), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Atria Realty Inc.
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