50 George St

Mimico, Etobicoke, M8V 2S2
FOR SALE
$1,388,800
50 George St, Etobicoke
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5
BEDROOMS
3
BATHROOMS
3
KITCHENS
12
ROOMS
W9266269
MLSID
Contact Us
Property Description
Discover this well-maintained, detached brick house in picturesque Mimico Neighborhood. This Two Story Home with finished basement, offers a great opportunity for investors, first-time homebuyers and down-sizers seeking additional income and/or possible end use for extended family. Both upper & main floor units consist of 2 spacious bedrooms, full kitchen, living room & 4-Pcbathroom. Upper unit features 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. Coin Operated laundry for basement & main floor tenant use. Hydro separately metered, Rear Detached Triple Garage, Locked Storage, Many Upgrades; Full Rewiring Of Electrical System, 3 New Panels &Meters (2022). Steps from Mimico Memorial Park, Mimico Tennis Club, Minutes To TTC & QEW.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-05-03 2024-08-22 111 $1,419,000 - Terminated
Extras
New Front Door (May 2023),Energy Star Double Glazed Windows, Video Camera Surveillance System (3 Cameras, PVR, Google Nest Door Camera (2022),Drain Water Heat Recovery, Solar Thermal Panels (Roof),High Efficiency Boiler (2020).
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 $1,388,800, which is $1,326,317 (48.8%) lower than the average sold price of $2,715,117 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 5 bedroom home in Etobicoke increased by $148,190 (5.8%) compared to the previous 30 day period (November 18 - December 17) and up $187,217 (7.4%) from the same time one year ago.
Inventory Change
There were 66 5-bedroom homes listed in Etobicoke over the last 30 days (December 18 - January 16), which is up 11.9% compared with the previous 30 day period (November 18 - December 17) and up 106.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Etobicoke typically sold ($293,040) (10.8%) below asking price over the last 30 days (December 18 - January 16), which represents a $183,750 decrease compared to the previous 30 day period (November 18 - December 17) and ($98,200) 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 (December 18 - January 16) stood at 25.8%, down from 72.9% over the previous 30 days (November 18 - December 17) and down from 78.1% 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 44 days when successfully sold over the last 30 days (December 18 - January 16), compared to 95 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Atria Realty Inc.
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