27 Westgate Blvd
Lansing-Westgate, North York, M3H 1N8
FOR SALE
$1,800,000
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Property Description
Outstanding Investment Opportunity in Bathurst & Wilson neighborhood where you can have a turnkey income-producing property now with excellent tenants and lucrative development potential in the future. This huge corner lot of 47 ft x 166 ft has an existing detached house that is a 3-bedroom, 2-bath home with completely finished basement with separate entrance, and a 2-car garage with driveway that allows for 6 parking spaces. The house had significant upgrades throughout and fully tenanted with A++ tenants month-to-month.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-05-11 | 2023-08-31 | 112 | $1,499,900 | - | Suspended |
| 2023-01-31 | 2023-04-30 | 90 | $1,699,900 | - | Expired |
Extras
Excellent residential neighborhood close to shopping, schools, places of worship, community centre and major highways.
Nearby Intersections
Bathurst & Wilson (30)
Avenue & 401 (13)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
47' x 166'
Fronting
East
Taxes
$7,065 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 50.85' x 38.39' | Fireplace, Large Window, Laminate |
| Dining | Main | 37.24' x 37.73' | Laminate, Window |
| Kitchen | Main | 24.28' x 35.76' | Porcelain Floor |
| Prim Bdrm | 2nd | 39.14' x 34.12' | Hardwood Floor, Closet, Window |
| 2nd Br | 2nd | 34.19' x 28.54' | Hardwood Floor, Window |
| 3rd Br | 2nd | 34.84' x 48.39' | Hardwood Floor, Window |
| Rec | Bsmt | 50.23' x 37.11' |
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North York Market Statistics
North York Price Trend
27 Westgate Blvd is a 3-bedroom 2-bathroom home listed for sale at $1,800,000, which is $466,254 (35.0%) higher than the average sold price of $1,333,746 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in North York declined by $4,461 (0.3%) compared to the previous 30 day period (September 21 - October 20) and up $49,509 (3.9%) from the same time one year ago.Inventory Change
There were 888 3-bedroom homes listed in North York over the last 30 days (October 21 - November 19), which is down 13.8% compared with the previous 30 day period (September 21 - October 20) and up 17.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in North York typically sold ($5,371) (0.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $14,114 decrease compared to the previous 30 day period (September 21 - October 20) and $172 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 (October 21 - November 19) stood at 69.0%, up from 54.8% over the previous 30 days (September 21 - October 20) and up from 52.6% 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 20 days when successfully sold over the last 30 days (October 21 - November 19), compared to 48 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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