240 Florence Ave

FOR SALE
$3,499,000
240 Florence Ave, North York
240 Florence Ave
240 Florence Ave
240 Florence Ave
240 Florence Ave
240 Florence Ave
240 Florence Ave
240 Florence Ave
240 Florence Ave
240 Florence Ave
240 Florence Ave
240 Florence Ave
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240 Florence Ave
240 Florence Ave
240 Florence Ave
240 Florence Ave
240 Florence Ave
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240 Florence Ave
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240 Florence Ave
240 Florence Ave
240 Florence Ave
240 Florence Ave
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240 Florence Ave
240 Florence Ave
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240 Florence Ave
240 Florence Ave
240 Florence Ave
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4 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
10 + 4
ROOMS
C9307201
MLSID
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Property Description
Luxurious and sophisticated custom-built home in beautiful, family-friendly Lansing-Westgate. Approx 3500 sqft of above-grade living space on a full 40' lot. Impeccable design, finest finishes, unparalled quality and construction. Soaring ceilings, well-appointed rooms and abundant natural light. Designer chef's kitchen w/ huge gleaming marble island, servery w/ bar fridge and top-end Sub-zero/ Wolf appliance package. Incredible primary bdrm oasis. Heated floor. 4 Fireplaces. 5th bdrm/ Nanny/ in-law suite. Wet bar and w/o to massive backyard. Prof Landscp. B/Is throughout. Tons of Storage and more! Excellent schools, beautiful parks, walk to nearby central Yonge/Shep and Mel Lastman Sq. 2mins to TTC and 401. An opportunity not to be missed!
Extras
Sub-zero Fridge, Wolf Range and double ovens, Asco D/W, B/I micro, 2 Bar Fridges, Electrolux central vac, ELFs, Cust Window Covers, B/I Speakers, Sprinkler Sys, EGDO, Video Doorbell, Smart Thermostat, Outdoor Camera
Nearby Intersections
Property Details
Property Type
Detached, 2-Storey
Lot Size
40' x 130'
Fronting
North
Taxes
$14,041 (2024)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingGround13.48' x 18.50'Hardwood Floor, Gas Fireplace, Combined W/Dining
DiningGround12.99' x 18.50'Hardwood Floor, Built-In Speakers, Combined W/Living
KitchenGround14.99' x 24.02'Centre Island, B/I Appliances, Breakfast Area
FamilyGround15.49' x 16.01'Hardwood Floor, Gas Fireplace, W/O To Deck
OfficeGround10.99' x 10.99'Hardwood Floor, B/I Bookcase, Glass Doors
Prim Bdrm2nd16.01' x 16.50'Gas Fireplace, Ensuite Bath, Closet Organizers
2nd Br2nd12.50' x 12.50'Hardwood Floor, Ensuite Bath, Closet Organizers
3rd Br2nd12.50' x 14.01'Hardwood Floor, Ensuite Bath, Closet Organizers
4th Br2nd12.99' x 12.99'Hardwood Floor, Ensuite Bath, Closet Organizers
5th BrLower10.01' x 14.01'Hardwood Floor, Above Grade Window, Closet
RecLower17.22' x 29.49'B/I Bar, Fireplace, W/O To Yard
MudroomLower5.51' x 10.50'B/I Closet, Closet Organizers, Access To Garage
North York Market Statistics
North York Price Trend
240 Florence Ave is a 4-bedroom 5-bathroom home listed for sale at $3,499,000, which is $1,578,957 (82.2%) higher than the average sold price of $1,920,043 in the last 30 days (August 18 - September 16). During the last 30 days the average sold price for a 4 bedroom home in North York declined by $19,354 (1.0%) compared to the previous 30 day period (July 19 - August 17) and up $33,865 (1.8%) from the same time one year ago.
Inventory Change
There were 572 4-bedroom homes listed in North York over the last 30 days (August 18 - September 16), which is up 55.4% compared with the previous 30 day period (July 19 - August 17) and up 11.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold ($35,485) (1.8%) below asking price over the last 30 days (August 18 - September 16), which represents a $13,295 increase compared to the previous 30 day period (July 19 - August 17) and ($5,141) 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 18 - September 16) stood at 32.0%, down from 56.2% over the previous 30 days (July 19 - August 17) and down from 36.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in North York stood at 28 days when successfully sold over the last 30 days (August 18 - September 16), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group-Admiral Realty Inc.
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