274 Glenforest Rd
Lawrence Park North, North York, M4N 2A4
FOR SALE
$2,150,000
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4 + 1
BEDROOMS3
BATHROOMS3
KITCHENS10 + 2
ROOMSC9305085
MLSIDContact Us
Property Description
Rare investment property in a high-demand rental location, short walk to Yonge & Lawrence subway. situated on a tree-lined street with no-through traffic, East of Mt Pleasant, south of Teddington & Rosedale Golf Club. Duplex-semi two-story with 3 spacious self-contained units, 2 car detached garage at rear of the property, sundeck, garden patch. Roof and eavestroughs new in 2017-2019. Appliances replaced: 3 stoves, 2 dishwashers, and Washer in Laundry Room. The projected Gross Income for 2025 is $80,688.00 less estimated expenses of about $17,000.00 yielding a net income of approximately $63,600.00. Schedule of projected Income and expenses available. The main floor suite will be vacant in November, ideal for owners occupancy if desired.
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Extras
2 Built-In Dishwashers, 3 Stoves, 3 Fridges, 1 Washer & 1 Dryer and Broadloom where laid.
Nearby Intersections
Yonge & York Mills (174)
Yonge & Lawrence (149)
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Lot Size
30' x 125'
Fronting
North
Taxes
$7,975 (2024)
Basement
Sep Entrance
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Mutual
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.12' x 16.90' | Large Window, Hardwood Floor |
Dining | Main | 10.01' x 11.81' | , Hardwood Floor |
Kitchen | Main | 10.70' x 10.89' | B/I Dishwasher, Backsplash |
Prim Bdrm | Main | 10.20' x 13.81' | Double Closet |
2nd Br | Main | 8.53' x 12.30' | W/O To Deck |
Living | 2nd | 11.12' x 16.90' | Large Window, Broadloom |
Dining | 2nd | 10.01' x 11.81' | , Broadloom |
Kitchen | 2nd | 10.70' x 10.89' | B/I Dishwasher, Backsplash |
Prim Bdrm | 2nd | 10.20' x 13.81' | Double Closet, Broadloom |
Br | 2nd | 8.53' x 12.30' | , Broadloom |
Living | Bsmt | 18.70' x 21.00' | Combined W/Kitchen |
Br | Bsmt | 7.22' x 8.86' |
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North York Market Statistics
North York Price Trend
274 Glenforest Rd is a 4-bedroom 3-bathroom home listed for sale at $2,150,000, which is $259,803 (13.7%) higher than the average sold price of $1,890,197 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 4 bedroom home in North York declined by $81,806 (4.1%) compared to the previous 30 day period (July 21 - August 19) and down $18,332 (1.0%) from the same time one year ago.Inventory Change
There were 650 4-bedroom homes listed in North York over the last 30 days (August 20 - September 18), which is up 85.7% compared with the previous 30 day period (July 21 - August 19) and up 31.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold ($26,460) (1.4%) below asking price over the last 30 days (August 20 - September 18), which represents a $29,341 increase compared to the previous 30 day period (July 21 - August 19) and ($13,542) 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 20 - September 18) stood at 30.2%, down from 57.7% over the previous 30 days (July 21 - August 19) and down from 39.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in North York stood at 27 days when successfully sold over the last 30 days (August 20 - September 18), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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