16 Sagewood Dr

FOR SALE
$4,800,000
16 Sagewood Dr, North York
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5
BEDROOMS
6
BATHROOMS
1
KITCHENS
11 + 2
ROOMS
C9410077
MLSID
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Property Description
Nestled in the coveted Banbury neighborhood, this beautifully designed 5-bedroom home sits on an impressive 84 x 125-foot lot. Boasting over 6,000 sqft of living space, the property features a 3-car garage, stunning millwork, and exceptional craftsmanship throughout. A wrought-iron entry opens into a striking two-story foyer with floor-to-ceiling wainscoting, leading to a well-appointed office. The main level offers an expansive living and dining area, seamlessly connected to an enlarged kitchen, breakfast room, and family room with access to a private backyard. The kitchen showcases a custom English framed inset design by Bloomsbury Fine Cabinetry, featuring a Subzero fridge and freezer, Wolf gas range, Miele dishwasher, and a chefs island with ample storage. Upstairs, find five spacious bedrooms and three bathrooms, enhanced by California shutters, hardwood floors, and a skylight. The fully finished basement includes a large rec room, games room, gas fireplace, and a renovated bathroom. Great access to the highways and TTC routes. Excellent public and private schools: Crescent, TFS, Bayview Glen, Crestwood, LaCitadelle, Denlow PS (7 min walk), Winfield MS (15 min Walk), York Mills CI (6 min walk), and Northern SS. Steps from Banbury Community Center, Banbury Tennis Club, Windfields Park, and Ravine. Minutes away from shops at Don Mills and Edwards Garden!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-02 2024-10-15 75 $4,999,988 - Expired
2024-07-11 2024-08-02 22 $5,200,000 - Terminated
Extras
Please see schedule C
Nearby Intersections
Property Features
Fenced Yard, Park, Public Transit, School
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
84' x 125'
Fronting
North
Taxes
$14,435 (2024)
Basement
Finished, Full
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain14.93' x 18.67'Formal Rm, Hardwood Floor, Pot Lights
DiningMain13.16' x 16.93'Formal Rm, O/Looks Garden, Hardwood Floor
KitchenMain11.91' x 13.16'O/Looks Garden, Family Size Kitchen, Hardwood Floor
BreakfastMain12.34' x 13.16'W/O To Patio, Hardwood Floor, Pot Lights
FamilyMain13.16' x 16.50'Electric Fireplace, W/O To Patio, Hardwood Floor
OfficeMain10.99' x 13.68'Hardwood Floor, Wainscoting, Pot Lights
Prim Bdrm2nd15.09' x 18.67'5 Pc Ensuite, W/I Closet, Hardwood Floor
2nd Br2nd12.93' x 13.32'O/Looks Garden, Hardwood Floor, Double Closet
3rd Br2nd9.84' x 13.32'O/Looks Garden, Hardwood Floor, Closet
4th Br2nd11.84' x 18.34'O/Looks Garden, 3 Pc Ensuite, W/I Closet
5th Br2nd13.75' x 17.75'Hardwood Floor, Double Closet
GamesLower14.93' x 31.99'Gas Fireplace, Hardwood Floor, Pot Lights
North York Market Statistics
North York Price Trend
16 Sagewood Dr is a 5-bedroom 6-bathroom home listed for sale at $4,800,000, which is $2,086,684 (76.9%) higher than the average sold price of $2,713,316 in the last 30 days (September 18 - October 17). During the last 30 days the average sold price for a 5 bedroom home in North York declined by $235,147 (8.0%) compared to the previous 30 day period (August 19 - September 17) and down $86,901 (3.1%) from the same time one year ago.
Inventory Change
There were 169 5-bedroom homes listed in North York over the last 30 days (September 18 - October 17), which is up 7.6% compared with the previous 30 day period (August 19 - September 17) and down 6.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in North York typically sold ($69,179) (2.5%) below asking price over the last 30 days (September 18 - October 17), which represents a $42,635 increase compared to the previous 30 day period (August 19 - September 17) and ($95,501) 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 5-bedroom homes in North York over the last 30 days (September 18 - October 17) stood at 37.3%, up from 26.1% over the previous 30 days (August 19 - September 17) and up from 31.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 6-bathroom home in North York stood at 28 days when successfully sold over the last 30 days (September 18 - October 17), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Chestnut Park Real Estate Limited
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