110 Franklin Ave
Lansing-Westgate, North York, M2N 1B9
FOR SALE
$1,499,000

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Property Description
Attention Builders & Investors! Prime Willowdale Opportunity**Permit Ready **Nestled in the heart of prestigious Willowdale , this exceptional property offers an incredible opportunity to build your dream home immediately! The approved permit allows for a stunning residence with 3,090 sq. ft. GFA, featuring soaring ceilings: an impressive 13'6" in the basement. 10'6" on the main floor, 9'6" on the second floor. Designed to accommodate 4+1 bedrooms, a main floor home office, bi-level layout, E-L-E-V-A-T-O-R and a two-car garage, this home is tailored for luxury living. The entertainers kitchen is thoughtfully planned for seamless functionality and style. Located in a highly sought-after neighborhood, this property is surrounded by top-ranked schools, upscale restaurants, parks, and transit, offering convenience and an unparalleled lifestyle. Steps to ravine trails. Whether you choose to build, rent, move in, or renovate, this is an exceptional investment in one of Torontos most desirable communities. For detailed information on lot coverage, height allowances, please contact the Committee of Adjustments. Dont miss this rare opportunity to build your dream home today! *property sold as is*
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
37' x 130'
Fronting
South
Taxes
$7,310 (2024)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Detached
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North York Market Statistics
North York Price Trend
110 Franklin Ave is a 3-bedroom 2-bathroom home listed for sale at $1,499,000, which is $206,402 (16.0%) higher than the average sold price of $1,292,598 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in North York increased by $71,412 (5.8%) compared to the previous 30 day period (December 22 - January 20) and down $8,210 (0.6%) from the same time one year ago.Inventory Change
There were 676 3-bedroom homes listed in North York over the last 30 days (January 21 - February 19), which is up 105.5% compared with the previous 30 day period (December 22 - January 20) and up 23.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in North York typically sold $27,264 (2.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $35,980 increase compared to the previous 30 day period (December 22 - January 20) and $32,657 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 3-bedroom homes in North York over the last 30 days (January 21 - February 19) stood at 52.8%, down from 53.2% over the previous 30 days (December 22 - January 20) and down from 73.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in North York stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Soltanian Real Estate Inc.
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