18 Homewood Ave

FOR SALE
$2,500,000
18 Homewood Ave, North York
18 Homewood Ave
18 Homewood Ave
18 Homewood Ave
18 Homewood Ave
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 2
ROOMS
C11938711
MLSID
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Property Description
Attention Investors, Builders, and Developers! Re-Development Opportunity at Prime Location Steps to Yonge St. in the Heart of North York to Assemble and Develop a Mixed-Use Project. Potential to add up to approx. 105,000 sq.ft* (currently 19,800 sq.ft) of land for a future Mid-rise Condo or a Multi-Block Townhouse or Purpose Built Rental Building. Prime Location First Block inside Yonge St. **EXTRAS** Land Assembly For a Mixed Use Re-Development Opportunity!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-20 2024-11-30 102 $2,650,000 - Expired
Nearby Intersections
Property Features
Library, Park, Public Transit, Rec Centre, School, School Bus Route
Property Details
Property Type
Detached, 1 1/2 Storey
Lot Size
50' x 132'
Lot Irregularities
Flat Land With No Irregularities
Fronting
North
Taxes
$5,500 (2024)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain14.01' x 10.99'Large Window, Open Concept
DiningMain10.01' x 12.01'Combined W/Living, Window
KitchenMain10.01' x 10.99'Large Window, Closet
Prim BdrmMain10.99' x 10.01'Side Door, Window
2nd Br2nd12.01' x 16.01'Large Window, Closet
3rd Br2nd10.01' x 16.01'Large Window, Closet
RecBsmt12.99' x 21.00'B/I Bar, Panelled
UtilityBsmt10.99' x 16.01'Combined W/Laundry, Closet
North York Market Statistics
North York Price Trend
18 Homewood Ave is a 3-bedroom 2-bathroom home listed for sale at $2,500,000, which is $1,207,402 (93.4%) higher than the average sold price of $1,292,598 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in North York increased by $71,412 (5.8%) compared to the previous 30 day period (December 22 - January 20) and down $8,210 (0.6%) from the same time one year ago.
Inventory Change
There were 676 3-bedroom homes listed in North York over the last 30 days (January 21 - February 19), which is up 105.5% compared with the previous 30 day period (December 22 - January 20) and up 23.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in North York typically sold $27,264 (2.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $35,980 increase compared to the previous 30 day period (December 22 - January 20) and $32,657 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 (January 21 - February 19) stood at 52.8%, down from 53.2% over the previous 30 days (December 22 - January 20) and down from 73.4% 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 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Lsg Realty Inc.
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