274 Glenforest Rd

FOR SALE
$2,150,000
274 Glenforest Rd, North York
274 Glenforest Rd
274 Glenforest Rd
274 Glenforest Rd
274 Glenforest Rd
274 Glenforest Rd
274 Glenforest Rd
274 Glenforest Rd
274 Glenforest Rd
274 Glenforest Rd
274 Glenforest Rd
274 Glenforest Rd
274 Glenforest Rd
274 Glenforest Rd
274 Glenforest Rd
274 Glenforest Rd
274 Glenforest Rd
274 Glenforest Rd
274 Glenforest Rd
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4 + 1
BEDROOMS
3
BATHROOMS
3
KITCHENS
10 + 2
ROOMS
C9305085
MLSID
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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.
Extras
2 Built-In Dishwashers, 3 Stoves, 3 Fridges, 1 Washer & 1 Dryer and Broadloom where laid.
Nearby Intersections
Property Details
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
Room Summary
RoomLevelSizeFeatures
LivingMain11.12' x 16.90'Large Window, Hardwood Floor
DiningMain10.01' x 11.81', Hardwood Floor
KitchenMain10.70' x 10.89'B/I Dishwasher, Backsplash
Prim BdrmMain10.20' x 13.81'Double Closet
2nd BrMain8.53' x 12.30'W/O To Deck
Living2nd11.12' x 16.90'Large Window, Broadloom
Dining2nd10.01' x 11.81', Broadloom
Kitchen2nd10.70' x 10.89'B/I Dishwasher, Backsplash
Prim Bdrm2nd10.20' x 13.81'Double Closet, Broadloom
Br2nd8.53' x 12.30', Broadloom
LivingBsmt18.70' x 21.00'Combined W/Kitchen
BrBsmt7.22' x 8.86'
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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