1198 Avenue Rd
Lawrence Park South, North York, M5N 2G1
FOR SALE
$3,500,000
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BEDROOMS4
BATHROOMS2 + 2
KITCHENS12 + 8
ROOMSC11958016
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Property Description
Attention Builders and Investors! Lawrence Park South One Of Toronto's Best School Zone For Top Rank Public Primary/Secondary Schools, Top Rank Private Schools. Convenient Public Transportations. Attractive Community To New Immigrants/Families With Children. Ideal Investment Opportunity For Stable Rental Income. Great Potential For Future Development. Large 37 By 137 Foot Lot. Mutual Driveway To Backyard Parking. Property Is Well Maintained With Legal Permits. Ground Level 3Bed+1Bath+1 Kitchen + Laundry. Second Level 3 Bed + 1 Bath + 1 Kitchen + Laundry. Lower Front 1 Bed + 1 Bath + 1 Kitchen. Lower Rear 1 Bed+ 1 Bath + 1 Kitchen. Lower Level Share Laundry Room. 4 Surface Parking Spaces.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-04-08 | 2022-04-25 | 17 | $1,500 | $1,500 | Leased |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
37' x 137'
Fronting
West
Taxes
$10,851 (2024)
Basement
Apartment, Fin W/O
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Mutual
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 13.12' x 20.83' | Bay Window, Hardwood Floor |
Dining | Main | 11.48' x 13.12' | French Doors, Hardwood Floor |
Kitchen | Main | 9.19' x 10.99' | Modern Kitchen, Hardwood Floor |
Br | Main | 12.47' x 13.12' | Picture Window, Hardwood Floor |
2nd Br | Main | 11.48' x 15.26' | Picture Window, Hardwood Floor |
3rd Br | Main | 8.53' x 12.47' | Picture Window, Hardwood Floor |
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North York Market Statistics
North York Price Trend
1198 Avenue Rd is a 6-bedroom 4-bathroom home listed for sale at $3,500,000, which is $1,850,628 (112.2%) higher than the average sold price of $1,649,372 in the last 30 days (January 19 - February 17). 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 20 - January 18) and down $683,628 (29.3%) from the same time one year ago.Inventory Change
There were 24 6-bedroom homes listed in North York over the last 30 days (January 19 - February 17), which is up 33.3% compared with the previous 30 day period (December 20 - January 18) and up 14.3% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in North York typically sold ($138,427) (8.4%) below asking price over the last 30 days (January 19 - February 17), which represents a $81,573 increase compared to the previous 30 day period (December 20 - January 18) 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 19 - February 17) stood at 20.8%, up from 5.6% over the previous 30 days (December 20 - January 18) 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 19 - February 17), compared to 94 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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