16 Lockerbie Ave

FOR SALE
$899,000
16 Lockerbie Ave, North York
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
16 Lockerbie Ave
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3
BEDROOMS
2
BATHROOMS
2
KITCHENS
6
ROOMS
W11912686
MLSID
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Property Description
Welcome to 16 Lockerbie Ave, a beautiful fully renovated bungalow in a highly sought-afterToronto neighborhood! This 3-bedroom, 2-bathroom home features a fully updated kitchen, vaulted ceilings, and a cozy fireplace on the main floor, creating a bright and welcoming atmosphere.The main floor also includes a fully renovated 4pc bathroom, adding to the homes modern appeal. The finished basement, with a separate entrance and a second eat-in kitchen, offers excellent potential for rental income or use as an in-law suite. Situated on an expansive 50' x125' lot, the property boasts a fully installed backyard irrigation system and a rough-inirrigation system in the front yard, ensuring low-maintenance landscaping. Outdoor lighting inthe backyard provides the perfect setting for evening relaxation. Additional highlights includea brand-new furnace (2023) and a detached garage for added convenience. This exceptional property combines versatility, style, and location. Dont miss out on this rare opportunity!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-22 2024-12-20 28 $1,098,000 - Terminated
2024-09-25 2024-10-09 14 $998,000 - Terminated
Extras
Existing 2 Fridges, 2 Stoves, 2 Built-in Dishwasher, Washer, Dryer, All electronic lightfixtures, window blinds and coverings.
Property Details
Property Type
Detached, Bungalow
Lot Size
50' x 125'
Fronting
West
Taxes
$3,743 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain12.17' x 14.01'Hardwood Floor, Vaulted Ceiling, Fireplace
DiningMain12.17' x 14.01'Hardwood Floor, Vaulted Ceiling, O/Looks Living
KitchenMain10.50' x 14.76'Hardwood Floor, Vaulted Ceiling, O/Looks Living
Prim BdrmMain9.15' x 12.07'Hardwood Floor, Closet, Large Window
2nd BrMain10.99' x 10.76'Hardwood Floor, Closet, Large Window
3rd BrMain9.42' x 8.01'Hardwood Floor, Closet, Large Window
RecBsmt22.41' x 14.67'Eat-In Kitchen, Open Concept, 3 Pc Bath
North York Market Statistics
North York Price Trend
16 Lockerbie Ave is a 3-bedroom 2-bathroom home listed for sale at $899,000, which is $300,217 (25.0%) lower than the average sold price of $1,199,217 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 3 bedroom home in North York declined by $84,503 (6.6%) compared to the previous 30 day period (November 18 - December 17) and down $50,805 (4.1%) from the same time one year ago.
Inventory Change
There were 300 3-bedroom homes listed in North York over the last 30 days (December 18 - January 16), which is down 37.5% compared with the previous 30 day period (November 18 - December 17) and up 39.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in North York typically sold ($12,463) (1.0%) below asking price over the last 30 days (December 18 - January 16), which represents a $7,759 decrease compared to the previous 30 day period (November 18 - December 17) and ($30,228) 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 3-bedroom homes in North York over the last 30 days (December 18 - January 16) stood at 68.3%, down from 104.2% over the previous 30 days (November 18 - December 17) and down from 100.9% 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 37 days when successfully sold over the last 30 days (December 18 - January 16), compared to 75 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Professionals Inc.
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