16 Glenelia Ave

FOR SALE
$1,965,000
16 Glenelia Ave, North York
16 Glenelia Ave
16 Glenelia Ave
16 Glenelia Ave
16 Glenelia Ave
16 Glenelia Ave
16 Glenelia Ave
16 Glenelia Ave
16 Glenelia Ave
16 Glenelia Ave
16 Glenelia Ave
16 Glenelia Ave
16 Glenelia Ave
16 Glenelia Ave
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4 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
6 + 2
ROOMS
C9387691
MLSID
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Property Description
Located in the prestigious Willowdale neighbourhood, this spacious two-story home sits on a large 60 x 125 ft lot and offers a prime opportunity for home buyers, investors, or builders. The property includes 4 bedrooms on the second floor and a walk-out basement unit, both currently tenanted, making it perfect for those looking to supplement their mortgage with rental income or for investors seeking a stable revenue stream.The family room on the main floor includes a fireplace, and the layout is designed to maximize natural light throughout.With easy access to TTC, shopping, parks, and highly-ranked schools, this property offers both convenience and flexibility. Builders will also appreciate the large lot for future development opportunities. This is a rare find in a sought-after neighbourhood.
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Nearby Intersections
Property Details
Property Type
Detached, 2-Storey
Lot Size
60' x 125'
Fronting
North
Taxes
$8,476 (2024)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
OtherMain5.74' x 7.09'
DiningMain9.58' x 10.60'
LivingMain12.01' x 17.91'
KitchenMain8.50' x 10.60'
Prim Bdrm2nd9.51' x 25.66'
2nd Br2nd12.50' x 14.93'
3rd Br2nd10.93' x 11.91'
4th Br2nd9.15' x 14.34'
North York Market Statistics
North York Price Trend
16 Glenelia Ave is a 4-bedroom 3-bathroom home listed for sale at $1,965,000, which is $60,943 (3.2%) higher than the average sold price of $1,904,057 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in North York declined by $84,958 (4.3%) compared to the previous 30 day period (September 21 - October 20) and down $159,815 (7.7%) from the same time one year ago.
Inventory Change
There were 546 4-bedroom homes listed in North York over the last 30 days (October 21 - November 19), which is down 22.7% compared with the previous 30 day period (September 21 - October 20) and up 20.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold ($35,760) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $7,729 decrease compared to the previous 30 day period (September 21 - October 20) and ($76,652) more 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 4-bedroom homes in North York over the last 30 days (October 21 - November 19) stood at 54.6%, up from 40.1% over the previous 30 days (September 21 - October 20) and up from 47.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in North York stood at 22 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 Gate Real Estate Inc.
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