16 Lockerbie Ave

FOR SALE
$998,000
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
W9366721
MLSID
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Property Description
Welcome to 16 Lockerbie Ave, a beautifully renovated bungalow in a sought-after Toronto neighborhood! This 3-bedroom, 2-bath home features vaulted high ceilings on the main floor, creating a bright and spacious atmosphere. The finished basement, with a separate entrance and second kitchen, offers excellent potential for rental income or in-law suite. The expansive 50' x 125' lot includes a fully installed irrigation system in the backyard and roughed-in irrigation in the front yard, perfect for maintaining lush landscaping. Enjoy the backyard's outdoor lighting for evening relaxation. Additional highlights include a new furnace installed in 2023 and a detached garage for added convenience. A rare find with incredible versatility and charm!
Extras
Existing 2 Fridges, 2 Stoves, 2 Built-in Dishwasher, Washer, Dryer, all electric light fixtures, window blinds and coverings, Central Vacuum.
Property Details
Property Type
Detached, Bungalow
Lot Size
50' x 125'
Fronting
West
Taxes
$3,734 (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 $998,000, which is $334,568 (25.1%) lower than the average sold price of $1,332,568 in the last 30 days (August 28 - September 26). During the last 30 days the average sold price for a 3 bedroom home in North York increased by $47,387 (3.7%) compared to the previous 30 day period (July 29 - August 27) and up $4,183 (0.3%) from the same time one year ago.
Inventory Change
There were 1,163 3-bedroom homes listed in North York over the last 30 days (August 28 - September 26), which is up 96.8% compared with the previous 30 day period (July 29 - August 27) and up 8.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in North York typically sold $12,021 (0.9%) above asking price over the last 30 days (August 28 - September 26), which represents a $17,523 increase compared to the previous 30 day period (July 29 - August 27) and $36,209 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 (August 28 - September 26) stood at 39.1%, down from 67.7% over the previous 30 days (July 29 - August 27) and up from 36.9% 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 18 days when successfully sold over the last 30 days (August 28 - September 26), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Professionals Inc.
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