FOR SALE
$5,500,000
1 Country Lane, North York
1 Country Lane
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2 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
C5752376
MLSID
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Property Description
Attention Builders, Developers/Investors. Prime Lot In Prestigious Neighbourhood At The Corner Of Country Lane And Bayview Ave. Sought After Opportunity On This Huge Corner Lot Of 99.93 X 164.93. Buyer Must Verify All Development Potential. Must Be Sold Together With Property Next Door.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-09-22 2022-09-05 348 $7,000,000 - Terminated
Extras
Fridge, Stove, Microwave, Washer, Dryer, All Electric Light Fixtures And All Items Currently On The Premises Not Belonging To The Tenant.
Nearby Intersections
Property Details
Property Type
Detached, Bungaloft
Lot Size
100' x 165'
Acreage
.50-1.99
Fronting
East
Taxes
$11,100 (2022)
Basement
Finished
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Lane
Garage Type
Detached
North York Market Statistics
North York Price Trend
1 Country Lane is a 2-bedroom 3-bathroom home listed for sale at $5,500,000, which is $4,388,926 (395.0%) higher than the average sold price of $1,111,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in North York declined by $80,620 (6.8%) compared to the previous 30 day period (September 21 - October 20) and up $1,466 (0.1%) from the same time one year ago.
Inventory Change
There were 148 2-bedroom homes listed in North York over the last 30 days (October 21 - November 19), which is down 33.0% compared with the previous 30 day period (September 21 - October 20) and down 6.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in North York typically sold ($5,553) (0.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $12,321 decrease compared to the previous 30 day period (September 21 - October 20) and $7,439 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 2-bedroom homes in North York over the last 30 days (October 21 - November 19) stood at 83.8%, up from 46.2% over the previous 30 days (September 21 - October 20) and up from 66.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in North York stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with Harvey Kalles Real Estate Ltd., Brokerage
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