185 Steeles Ave E
Newtonbrook East, North York, M2M 3Y6
FOR SALE
$1,788,000
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4 + 2
BEDROOMS5
BATHROOMS3 + 2
KITCHENS12
ROOMSC9295395
MLSIDContact Us
Property Description
Prime Investment Property on a Spacious 67 x 120.75 Lot with Steeles Avenue Exposure.** This versatile property offers flexible usage options, having been recently renovated in 2019 with numerous upgrades. Utilize the main floor as your professional office and rent out the additional units for extra income. The property features an extra-large driveway accommodating up to 7 cars, along with a detached garage. Positioned on the south side of Steeles Avenue in Toronto's Newtonbrook East area, this is an ideal opportunity for investors seeking significant returns. Potential for future development makes this a standout investment.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-02-09 | 2022-04-04 | 53 | $1,788,000 | - | Suspended |
| 2021-12-11 | 2022-02-14 | 65 | $1,688,000 | - | Terminated |
| 2021-12-11 | 2022-02-07 | 58 | $1,688,000 | - | Suspended |
Extras
5 Xfridge,1X Stove,5X Microwave,4Xcooktop Stove.1 X1 Bedroom Main,1X1 Bedroom Main,1X2 Bedroom 2th Fl,2 X1 Bedroom Basmt
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
67' x 121'
Fronting
South
Taxes
$7,089 (2024)
Basement
Finished, Sep Entrance
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
7
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.98' x 14.24' | Laminate |
| Dining | Main | 11.98' x 14.24' | Laminate |
| Kitchen | Main | 11.15' x 11.65' | Laminate |
| Prim Bdrm | Main | 11.98' x 13.19' | Laminate |
| 2nd Br | 2nd | 11.25' x 19.98' | Laminate |
| 2nd Br | 2nd | 9.84' x 14.73' | Laminate |
| Den | 2nd | 6.99' x 7.64' | Laminate |
| Br | Bsmt | 12.50' x 15.81' | Laminate |
| Br | Bsmt | 9.48' x 10.86' | Laminate |
| Kitchen | Upper | 9.84' x 8.86' | Laminate |
| Kitchen | Bsmt | 6.56' x 6.56' | Laminate |
| Kitchen | Bsmt | 6.56' x 6.56' | Laminate |
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North York Market Statistics
North York Price Trend
185 Steeles Ave E is a 4-bedroom 5-bathroom home listed for sale at $1,788,000, which is $138,569 (7.2%) lower than the average sold price of $1,926,569 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 4 bedroom home in North York increased by $4,540 (0.2%) compared to the previous 30 day period (July 17 - August 15) and up $24,529 (1.3%) from the same time one year ago.Inventory Change
There were 600 4-bedroom homes listed in North York over the last 30 days (August 16 - September 14), which is up 60.9% compared with the previous 30 day period (July 17 - August 15) and up 11.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold ($44,922) (2.3%) below asking price over the last 30 days (August 16 - September 14), which represents a $3,038 increase compared to the previous 30 day period (July 17 - August 15) and $6,036 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 4-bedroom homes in North York over the last 30 days (August 16 - September 14) stood at 29.5%, down from 58.7% over the previous 30 days (July 17 - August 15) and down from 34.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in North York stood at 29 days when successfully sold over the last 30 days (August 16 - September 14), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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