243 Johnston Ave
Lansing-Westgate, North York, M2N 1H5
FOR SALE
$1,599,000
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2 + 1
BEDROOMS2
BATHROOMS1 + 1
KITCHENS5 + 2
ROOMSC10929742
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Property Description
"Live, Build, or Renovate! Discover the potential of this prime 40 x 130 ft with clear backyard south lot in the prestigious Yonge & Sheppard neighbourhood! This property boasts a finished basement with a separate entrance. Property surrounded by multi-million dollar homes.Whether you're planning to build your dream home while earning rental income from tenants, or seeking a prime investment opportunity in the heart of the city, this property offers it all!"Enjoy the convenience of being within walking distance to ravines, tennis courts, great schools, shopping, restaurants, Yonge Street, TTC, and easy access to Highway 401.
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Extras
Tenants are willing to stay with income opportunity of $3,364 per month
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
40' x 130'
Fronting
South
Taxes
$7,675 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.99' x 15.58' | Hardwood Floor, Picture Window |
| Dining | Main | 9.38' x 9.88' | Hardwood Floor, Closet |
| Kitchen | Main | 8.76' x 15.75' | Eat-In Kitchen |
| Prim Bdrm | Main | 10.79' x 13.19' | Hardwood Floor, Double Closet |
| 2nd Br | Main | 9.42' x 10.99' | Hardwood Floor, Closet |
| Family | Bsmt | 10.99' x 26.77' | |
| Br | Bsmt | 8.83' x 10.79' |
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North York Market Statistics
North York Price Trend
243 Johnston Ave is a 2-bedroom 2-bathroom home listed for sale at $1,599,000, which is $556,861 (53.4%) higher than the average sold price of $1,042,139 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 2 bedroom home in North York declined by $111,757 (9.7%) compared to the previous 30 day period (November 18 - December 17) and up $77,074 (8.0%) from the same time one year ago.Inventory Change
There were 72 2-bedroom homes listed in North York over the last 30 days (December 18 - January 16), which is down 20.9% compared with the previous 30 day period (November 18 - December 17) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in North York typically sold ($16,217) (1.6%) below asking price over the last 30 days (December 18 - January 16), which represents a $14,365 decrease compared to the previous 30 day period (November 18 - December 17) and ($22,953) more 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 2-bedroom homes in North York over the last 30 days (December 18 - January 16) stood at 66.7%, down from 87.9% over the previous 30 days (November 18 - December 17) and down from 119.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in North York stood at 34 days when successfully sold over the last 30 days (December 18 - January 16), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Real Estate Ltd.
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