229 Florence Ave

FOR SALE
$1,788,000
229 Florence Ave, North York
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
229 Florence Ave
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3 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 4
ROOMS
C8221756
MLSID
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Property Description
Permit Ready Over 4800 sf Living Space! Over 3500sf. Main & 2nd Fl + 1268sf Basement! First-Time Home Buyers & Savvy Investors! Enjoy the Muskoka Cottage Lifestyle Today & Envision Building Your Dream Home on Prestige Florence Ave, One Of The Most Sought After Streets at Yonge & Sheppard Area! An ideal choice for those looking to invest or start a new chapter in homeownership. Solid Bungalow W/ Finished Basement W/ Separate Entrance & Kitchen Opens The Potential Door to Additional Income Streams! Total of 5 Br, plenty of room for a family or tenants! Never run out of space with 4 car spots! Boat/RV size driveway! This property is nestled among 4-5 Million Dollar Custom-built homes & mature trees & ample gardening space. Close to Yonge & Sheppard, Subway, TTC Public Transportation, Great School, Hospital, HWy 401, Airport, Downtown, Grocery stores,Malls, Park, Trail, Ski Centre! Benefit from the neighborhood's promising growth as it undergoes transformation.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-11-24 2024-03-14 111 $1,968,000 - Suspended
2022-06-15 2022-07-16 31 $1,399,000 $1,500,000 Sold
Extras
2 Fridges,2 Stoves, Washer, Dryer, Existing E.L.F., Existing, Cac.,200 Amp Elect., High Eff Furnace, A.C., H.W.T,(Rental), Newer Roof, Too Many To Mention!
Nearby Intersections
Property Details
Property Type
Detached, Bungalow
Lot Size
42' x 129'
Fronting
South
Taxes
$7,069 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain19.59' x 16.08'Laminate, Fireplace, W/O To Deck
DiningMain19.59' x 16.08'Laminate, Combined W/Living, O/Looks Backyard
KitchenMain10.07' x 14.47'Laminate, Granite Counter, Large Window
Prim BdrmMain10.07' x 14.47'Laminate, Closet, 4 Pc Ensuite
2nd BrMain10.89' x 10.07'Laminate, Closet, Window
3rd BrMain11.98' x 10.79'Laminate, Closet, Window
LivingBsmt19.78' x 15.68'Laminate, Open Concept, Window
BrBsmt16.90' x 15.58'Laminate, Closet, Window
BrBsmt11.68' x 11.09'Laminate, Closet, Window
KitchenBsmt10.79' x 23.72'Laminate, Eat-In Kitchen, Window
North York Market Statistics
North York Price Trend
229 Florence Ave is a 3-bedroom 3-bathroom home listed for sale at $1,788,000, which is $403,957 (29.2%) higher than the average sold price of $1,384,043 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 3 bedroom home in North York increased by $29,673 (2.2%) compared to the previous 30 day period (February 29 - March 29) and down $14,738 (1.1%) from the same time one year ago.
Inventory Change
There were 971 3-bedroom homes listed in North York over the last 30 days (March 30 - April 28), which is up 18.1% compared with the previous 30 day period (February 29 - March 29) and up 24.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in North York typically sold $72,466 (5.2%) above asking price over the last 30 days (March 30 - April 28), which represents a $12,064 decrease compared to the previous 30 day period (February 29 - March 29) and $78,895 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 (March 30 - April 28) stood at 62.9%, down from 70.1% over the previous 30 days (February 29 - March 29) and down from 73.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in North York stood at 12 days when successfully sold over the last 30 days (March 30 - April 28), compared to 34 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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