20 Homewood Ave
Newtonbrook West, North York, M2M 1J9
FOR SALE
$2,650,000
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3
BEDROOMS2
BATHROOMS1
KITCHENS6 + 3
ROOMSC9263062
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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. Multiple Adjacent lots are available for land assembly. Potential to add up to approx. 105,000 sq.ft* (currently 26,400 sq.ft) of land for a future Mid-rise Condo or Townhouses or a Premium Rental Building. Prime Location First Block inside Yonge St. Do Not Go Direct! Please book an appointment to walk the property only.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-17 | 2024-04-17 | 60 | $1,998,800 | - | Expired |
| 2021-01-24 | 2021-01-27 | 5 | $1,050,000 | $1,401,000 | Sold |
Extras
Property Part of a Future Land Assembly. Tremendous Development Opportunity Near Yonge St. in North York!
Nearby Intersections
Yonge & Finch (335)
Yonge & Steeles (226)
Property Features
Fenced Yard, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
50' x 132'
Lot Irregularities
Building Permit is ready!
Fronting
North
Taxes
$5,676 (2023)
Basement
Unfinished
Exterior
Alum Siding, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.29' x 14.37' | Hardwood Floor, Large Window, O/Looks Dining |
| Dining | Main | 9.74' x 11.48' | Hardwood Floor, Large Window, O/Looks Backyard |
| Kitchen | Main | 7.87' x 11.15' | Eat-In Kitchen, O/Looks Backyard, W/O To Yard |
| Br | Main | 10.17' x 11.29' | Hardwood Floor, Closet, Window |
| Prim Bdrm | 2nd | 10.17' x 17.39' | Broadloom, Large Closet, O/Looks Backyard |
| Br | 2nd | 11.48' x 17.39' | Broadloom, Closet, O/Looks Backyard |
| Br | Bsmt | 10.17' x 10.83' | Broadloom, Above Grade Window |
| Laundry | Bsmt | 12.14' x 14.11' | Above Grade Window, Laundry Sink |
| Workshop | Bsmt | 11.15' x 28.54' | Above Grade Window |
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North York Market Statistics
North York Price Trend
20 Homewood Ave is a 3-bedroom 2-bathroom home listed for sale at $2,650,000, which is $1,316,254 (98.7%) higher than the average sold price of $1,333,746 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in North York declined by $4,461 (0.3%) compared to the previous 30 day period (September 21 - October 20) and up $49,509 (3.9%) from the same time one year ago.Inventory Change
There were 888 3-bedroom homes listed in North York over the last 30 days (October 21 - November 19), which is down 13.8% compared with the previous 30 day period (September 21 - October 20) and up 17.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in North York typically sold ($5,371) (0.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $14,114 decrease compared to the previous 30 day period (September 21 - October 20) and $172 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 (October 21 - November 19) stood at 69.0%, up from 54.8% over the previous 30 days (September 21 - October 20) and up from 52.6% 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 20 days when successfully sold over the last 30 days (October 21 - November 19), compared to 48 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Eagle Realty Inc.
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