$1,299,000 - 62 Hallam Street, Bloor West Village
Semi-Detached for Sale in Bloor West Village
- MLS Number
- W13148728
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 29
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Bloor West Village / Swansea
- Listing Brokerage
- BOSLEY - TORONTO REALTY GROUP INC.
Welcome To Dovercourt Village! Rare Opportunity To Own A Turnkey Two-Unit Property. Perfect For Investors & End-Users Living In One Suite While Renting The Other. Fully Vacant, Move-In Ready, With Vacant Possession Upon Closing. Main & Lower Suite (2-Bed, 2-Bath, 1,567 Sqft): Spacious Kitchen With Stainless Steel Appliances, Pantry, & Pot Lights. Large Rec Room & Bright Living Room With Walkout To Rear Porch & Backyard. Upper Suite (3-Bed, 1-Bath, 1,067 Sqft): Private Deck Off Kitchen, Separate Third Floor Bedroom, Ensuite Washer & Dryer. Individual Heating Per Unit. Estimated Potential Income $79,200 Per Year. Upgrades Include New Furnace, Roofing, Basement Waterproofing, Tuckpointing, Electrical, & Plumbing. Full Pro-Forma & Carson Dunlop Inspection Available Via Listing Agent. Quick Walk To Bloor Street TTC Subway, Christie Pits, Koreatown, & Incredible Shops & Restaurants All Along Bloor Street! Fantastic Investment Opportunity - Come Take A Look!
Estimate your monthly payments for this property
Estimated Payment
$5,745.92/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Bloor West Village / Swansea
Bloor West Village / Swansea is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Bloor West Village / Swansea
- •Convenient location in Bloor West Village / Swansea
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Bloor West Village / Swansea offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
62 Hallam Street, Bloor West Village / Swansea
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $866/sqft, this property is priced in line with current Bloor West Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Bloor West Village are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Bloor West Village.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Bloor West Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.