22 Homewood Ave

FOR SALE
$2,650,000
22 Homewood Ave, North York
22 Homewood Ave
22 Homewood Ave
22 Homewood Ave
22 Homewood Ave
22 Homewood Ave
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4 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
C9263067
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. 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.
Extras
Property Part of a Future Land Assembly. Tremendous Development Opportunity Steps to Yonge St. in North York!
Nearby Intersections
Property Features
Level, Park, Public Transit, Rec Centre, School
Property Details
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
Room Summary
RoomLevelSizeFeatures
LivingMain11.38' x 14.60'Hardwood Floor
DiningMain9.81' x 11.42'Hardwood Floor
KitchenMain8.89' x 11.25'W/O To Yard
Prim BdrmMain11.25' x 11.91'Hardwood Floor, Closet
2nd Br2nd10.47' x 11.25'Hardwood Floor, Closet
3rd Br2nd10.24' x 11.29'Hardwood Floor, Closet
North York Market Statistics
North York Price Trend
22 Homewood Ave is a 4-bedroom 1-bathroom home listed for sale at $2,650,000, which is $728,268 (37.9%) higher than the average sold price of $1,921,732 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in North York declined by $26,954 (1.4%) compared to the previous 30 day period (July 20 - August 18) and up $16,194 (0.8%) from the same time one year ago.
Inventory Change
There were 599 4-bedroom homes listed in North York over the last 30 days (August 19 - September 17), which is up 64.6% compared with the previous 30 day period (July 20 - August 18) and up 20.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold ($30,418) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $18,834 increase compared to the previous 30 day period (July 20 - August 18) and ($9,046) 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 19 - September 17) stood at 32.2%, down from 54.7% over the previous 30 days (July 20 - August 18) and down from 36.3% 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 26 days when successfully sold over the last 30 days (August 19 - September 17), compared to 63 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Eagle Realty Inc.
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