22 Homewood Ave
Newtonbrook West, North York, M2M 1J9
FOR SALE
$2,500,000
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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!
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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
Yonge & Finch (296)
Yonge & Steeles (200)
Property Features
Level, 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'
Fronting
North
Taxes
$6,330 (2024)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.38' x 14.60' | Hardwood Floor |
| Dining | Main | 9.81' x 11.42' | Hardwood Floor |
| Kitchen | Main | 8.89' x 11.25' | W/O To Yard |
| Prim Bdrm | Main | 11.25' x 11.91' | Hardwood Floor, Closet |
| 2nd Br | 2nd | 10.47' x 11.25' | Hardwood Floor, Closet |
| 3rd Br | 2nd | 10.24' x 11.29' | Hardwood Floor, Closet |
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North York Market Statistics
North York Price Trend
22 Homewood Ave is a 4-bedroom 1-bathroom home listed for sale at $2,500,000, which is $624,289 (33.3%) higher than the average sold price of $1,875,711 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in North York increased by $183,887 (10.9%) compared to the previous 30 day period (December 22 - January 20) and down $46,763 (2.4%) from the same time one year ago.Inventory Change
There were 466 4-bedroom homes listed in North York over the last 30 days (January 21 - February 19), which is up 87.9% compared with the previous 30 day period (December 22 - January 20) and up 30.9% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold $7,351 (0.4%) above asking price over the last 30 days (January 21 - February 19), which represents a $37,018 increase compared to the previous 30 day period (December 22 - January 20) and ($17,969) 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 4-bedroom homes in North York over the last 30 days (January 21 - February 19) stood at 38.0%, down from 43.5% over the previous 30 days (December 22 - January 20) and down from 52.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 1-bathroom home in North York stood at 24 days when successfully sold over the last 30 days (January 21 - February 19), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Lsg Realty Inc.
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