226 Patricia Ave
Newtonbrook West, North York, M2M 1J5
FOR SALE
$1,399,900
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3 + 2
BEDROOMS2
BATHROOMS1 + 1
KITCHENS5 + 5
ROOMSC11960112
MLSIDContact Us
Property Description
Charming Updated Bungalow in Prime North York Location! Featuring a recently updated interior, this home is move-in ready and perfect for families, investors, or builders. Income Potential: Includes a 2 bedroom separate in-law suite in the basement with its own private entrance, ideal for rental income or extended family. Endless Opportunities: Enjoy it as a family home, generate impressive rental income (Currently rental income is $5000 monthly) or take advantage of the lot potential for a custom rebuild. or consider Newly introduced 4 plex + Garden suit at the back; Area is zoning Approved) Unbeatable Location: Close to top-rated schools, parks, transit, and all amenities North York has to offer. This property is a rare find that combines location, flexibility, and investment potential. Third bedroom just been added can be easily converted back to a bigger living room. Island in the kitchen has been removed Don't miss out this opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-02-22 | 2022-03-07 | 13 | $1,600 | $1,500 | Leased |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
40' x 131'
Fronting
North
Taxes
$5,680 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Front Yard
Garage Type
Detached
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North York Market Statistics
North York Price Trend
226 Patricia Ave is a 3-bedroom 2-bathroom home listed for sale at $1,399,900, which is $105,634 (8.2%) higher than the average sold price of $1,294,266 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 3 bedroom home in North York increased by $111,403 (9.4%) compared to the previous 30 day period (December 20 - January 18) and down $5,944 (0.5%) from the same time one year ago.Inventory Change
There were 684 3-bedroom homes listed in North York over the last 30 days (January 19 - February 17), which is up 111.1% compared with the previous 30 day period (December 20 - January 18) and up 26.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in North York typically sold $27,175 (2.1%) above asking price over the last 30 days (January 19 - February 17), which represents a $38,493 increase compared to the previous 30 day period (December 20 - January 18) and $31,158 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 (January 19 - February 17) stood at 54.4%, down from 56.5% over the previous 30 days (December 20 - January 18) and down from 77.4% 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 21 days when successfully sold over the last 30 days (January 19 - February 17), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Iqi Global Real Estate
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