16 Preakness Dr

FOR SALE
$1,679,000
16 Preakness Dr, North York
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3
BEDROOMS
4
BATHROOMS
1
KITCHENS
6
ROOMS
C9246356
MLSID
Contact Us
Property Description
Welcome to this exquisite executive home in the prestigious Banbury-Don Mills neighborhood. Offering over 2,650 sq. ft. of living space, this beautifully upgraded residence features Spacious Bedrooms & 4 Modern Bathrooms: Comfort and privacy for the whole family. The double-car garage has Direct Access to the home, super convenient. A Beautifully Finished Family Room is Located on the lower level, perfect for gatherings and relaxation. The modern 3 pc means your lovely lower level can be converted easily into a guest suite. A rare feature is The ample storage space found throughout, keeping your home wonderfully organized. This tastefully upgraded home combines luxury and practicality, providing an ideal setting for modern family living. Don't miss the opportunity to make this exclusive property your new home.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-04 2024-07-16 12 $1,798,800 - Suspended
2024-06-14 2024-07-04 20 $1,499,000 - Terminated
2024-06-14 2024-06-27 13 $1,499,000 - Suspended
2024-05-17 2024-06-15 29 $1,988,000 - Terminated
Extras
Location is a 10+ with Shops, parks & transportation just steps away. Schools: In the York Mills school catchment: Rippleton, St Andrews/Windfields & York Mills H.S. Private: Hawthorn, WillowWood, The Giles School, Bayview Glen, +++
Nearby Intersections
Property Features
Fenced Yard, Hospital, Park, Place Of Worship, Rec Centre, School
Property Details
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
29' x 86'
Fronting
West
Taxes
$6,996 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround12.99' x 9.78'Open Concept, Gas Fireplace, O/Looks Backyard
DiningGround12.99' x 9.38'Open Concept, Combined W/Living, 2 Pc Bath
BreakfastGround10.37' x 9.09'W/O To Garden, Pot Lights, O/Looks Backyard
KitchenGround9.09' x 9.09'Granite Counter, Breakfast Bar, Stainless Steel Appl
Prim Bdrm2nd14.07' x 13.48'W/I Closet, O/Looks Backyard, 5 Pc Ensuite
2nd Br2nd9.97' x 12.60'Large Closet, Broadloom, B/I Shelves
3rd Br2nd15.78' x 10.60'Double Closet, O/Looks Frontyard, Broadloom
RecBsmt15.19' x 14.99'W/I Closet, Above Grade Window, B/I Shelves
LaundryBsmt4.49' x 6.89'B/I Shelves, 3 Pc Bath
UtilityBsmt9.09' x 5.97'
North York Market Statistics
North York Price Trend
16 Preakness Dr is a 3-bedroom 4-bathroom home listed for sale at $1,679,000, which is $400,539 (31.3%) higher than the average sold price of $1,278,461 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 3 bedroom home in North York increased by $3,052 (0.2%) compared to the previous 30 day period (July 17 - August 15) and down $50,843 (3.8%) from the same time one year ago.
Inventory Change
There were 929 3-bedroom homes listed in North York over the last 30 days (August 16 - September 14), which is up 34.8% compared with the previous 30 day period (July 17 - August 15) and up 5.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in North York typically sold ($2,281) (0.2%) below asking price over the last 30 days (August 16 - September 14), which represents a $20,078 decrease compared to the previous 30 day period (July 17 - August 15) and $34,973 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 16 - September 14) stood at 40.7%, down from 57.9% over the previous 30 days (July 17 - August 15) and down from 44.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in North York stood at 21 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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