225 Rosemount Ave

Weston, North York, M9N 3C5
FOR SALE
$2,239,000
225 Rosemount Ave, North York
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6 + 2
BEDROOMS
4
BATHROOMS
1 + 3
KITCHENS
12 + 4
ROOMS
W11991264
MLSID
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Property Description
Wonderful Century Style Fourplex in Historic Weston Village! Four self contained apartments with high ceilings, three of them occupied by wonderful tenants, and one of them vacant! Sitting on a Premium 71 x 127 Ft Lot! Can be restored easily into a magnificent single family home, with antique wood trim & stained glass windows, as well as other beautiful features only found in a home of this age! Triple Car Garage at the rear, with a long driveway able to fit over 10 vehicles! 4 Separate Hydro Meters. Perfect for an investor who is also looking to owner occupy, or rent all four units at a respectable market rental rate. Main Floor Apartment (2 bed, 1 bath) $2500/month + hydro. Second Floor Apartment (2 Bed, 1 Bath) $2000/month + hydro. Third Floor Apartment (2 Bed, 1 bath): Vacant, estimated rent $1800/month + hydro. Basement Apartment (2 Bed, 1 Bath): $1400/month all inclusive. $75,600 Gross Annual Income, Potential $97,000 gross annual with 4th apartment rented!
Nearby Intersections
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
Property Details
Community
Property Type
Fourplex, 2 1/2 Storey
Approximate Sq.Ft.
3000-3500
Lot Size
71' x 127'
Fronting
East
Taxes
$7,646 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
10
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain13.25' x 12.70'Laminate, Window
KitchenMain12.80' x 9.02'Tile Floor, Window, Eat-In Kitchen
DiningMain14.73' x 10.63'Tile Floor, Combined W/Kitchen
BrMain14.99' x 19.36'Stained Glass, Laminate
2nd BrMain14.27' x 15.29'Window, Laminate
Kitchen2nd8.17' x 13.71'Tile Floor, Window, Pantry
Living2nd17.49' x 12.70'Bay Window, Laminate, Closet
Br2nd14.96' x 13.75'Laminate, Bay Window, Closet
2nd Br2nd9.28' x 11.22'Laminate, Window
Kitchen3rd8.33' x 16.57'Tile Floor, Eat-In Kitchen, Combined W/Living
Br3rd11.02' x 14.50'Tile Floor, Window, Closet
Br3rd9.68' x 20.01'Tile Floor, Window, Double Closet
North York Market Statistics
North York Price Trend
225 Rosemount Ave is a 6-bedroom 4-bathroom home listed for sale at $2,239,000, which is $589,628 (35.7%) higher than the average sold price of $1,649,372 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 6 bedroom home in North York declined by $630,628 (27.7%) compared to the previous 30 day period (December 22 - January 20) and down $683,628 (29.3%) from the same time one year ago.
Inventory Change
There were 24 6-bedroom homes listed in North York over the last 30 days (January 21 - February 19), which is up 41.2% compared with the previous 30 day period (December 22 - January 20) and up 14.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
6-bedroom homes in North York typically sold ($138,427) (8.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $81,573 increase compared to the previous 30 day period (December 22 - January 20) and ($82,500) 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 6-bedroom homes in North York over the last 30 days (January 21 - February 19) stood at 20.8%, up from 5.9% over the previous 30 days (December 22 - January 20) and down from 28.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 4-bathroom home in North York stood at 73 days when successfully sold over the last 30 days (January 21 - February 19), compared to 94 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Referred Urban Realty
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