263 Dunforest Ave
Willowdale East, North York, M2N 4J8
FOR SALE
$1,998,000
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Property Description
Discover the potential on this exceptional street: whether crafting your dream home or embracing immediate occupancy, this fully renovated residence, complete with a finished basement primed for an in-law suite, awaits. A savvy investment awaits, as short-term leasing promises lucrative returns, with projected revenues exceeding $100,000+. Boasting proximity to top-rated schools, public transit, and a plethora of amenities, this opportunity epitomizes convenience and promise.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-23 | 2024-05-02 | 9 | $1,100,000 | - | Terminated |
| 2020-01-30 | 2020-02-03 | 4 | $1,788,800 | $1,700,000 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
50' x 136'
Fronting
North
Taxes
$8,928 (2024)
Basement
Apartment, Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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North York Market Statistics
North York Price Trend
263 Dunforest Ave is a 5-bedroom 3-bathroom home listed for sale at $1,998,000, which is $783,008 (28.2%) lower than the average sold price of $2,781,008 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 5 bedroom home in North York increased by $198,249 (7.7%) compared to the previous 30 day period (March 15 - April 13) and down $154,254 (5.3%) from the same time one year ago.Inventory Change
There were 222 5-bedroom homes listed in North York over the last 30 days (April 14 - May 13), which is up 113.5% compared with the previous 30 day period (March 15 - April 13) and up 52.1% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in North York typically sold $39,350 (1.4%) above asking price over the last 30 days (April 14 - May 13), which represents a $41,775 increase compared to the previous 30 day period (March 15 - April 13) and $49,535 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 5-bedroom homes in North York over the last 30 days (April 14 - May 13) stood at 28.4%, down from 51.9% over the previous 30 days (March 15 - April 13) and down from 51.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in North York stood at 15 days when successfully sold over the last 30 days (April 14 - May 13), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Millennium Real Estate
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