220 Gracefield Ave
Rustic, North York, M6L 1L8
FOR SALE
$2,199,999
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6 + 3
BEDROOMS4
BATHROOMS1 + 1
KITCHENS17
ROOMSW9237804
MLSIDContact Us
Property Description
A Must See! This stunning move-in-ready back-split is located in a highly desirable neighborhood. This beautiful 5-level bungalow boasts approximately 4,700 sq ft of living space with spacious bedrooms, 2 kitchens, 2 laundry rooms, 4 bathrooms, and a generously sized family room. The large garage includes 2 parking spaces and 2 side doors. It also features a separate in-law apartment with 3 bedrooms, offering significant rental potential (Basement is currently being rented out for $3100). Recently renovated with many upgrades, this home is ready for you to move in and enjoy. Welcome to your new home!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-04-26 | 2022-05-12 | 16 | $2,250 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, Backsplit 5
Lot Size
52' x 117'
Fronting
North
Taxes
$9,497 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Built-In
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North York Market Statistics
North York Price Trend
220 Gracefield Ave is a 6-bedroom 4-bathroom home listed for sale at $2,199,999, which is $2,505,501 (53.2%) lower than the average sold price of $4,705,500 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 6 bedroom home in North York increased by $3,172,500 (206.9%) compared to the previous 30 day period (July 17 - August 15) and up $2,714,786 (136.4%) from the same time one year ago.Inventory Change
There were 24 6-bedroom homes listed in North York over the last 30 days (August 16 - September 14), which is up 50.0% compared with the previous 30 day period (July 17 - August 15) and down 42.9% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in North York typically sold ($471,375) (10.0%) below asking price over the last 30 days (August 16 - September 14), which represents a $336,395 decrease compared to the previous 30 day period (July 17 - August 15) and $21,000 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 6-bedroom homes in North York over the last 30 days (August 16 - September 14) stood at 33.3%, up from 31.2% over the previous 30 days (July 17 - August 15) and up from 16.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 4-bathroom home in North York stood at 54 days when successfully sold over the last 30 days (August 16 - September 14), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Excel Realty Ltd.
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