2977 Bayview Ave

FOR SALE
$2,398,000
2977 Bayview Ave, North York
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
2977 Bayview Ave
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4 + 3
BEDROOMS
6
BATHROOMS
1 + 1
KITCHENS
10 + 5
ROOMS
C9300537
MLSID
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Property Description
****Top-Ranked School--Earl Haig SS****67Ftx170.53Ft-----67Ftx170.53Ft------Backing To Bayview Village Park & Facing To A City Parkette****RARE-OPPORTUNITY To Own "A Jewel Land"--Remarkable Investment Property for*******an Official Plan******Permittable TOWNHOUSE redevelopment OPPORTUNITY********POTENTIAL*********INCREASING LAND DENSITY OPPORTUNITY*********(The Buyer Is To Verify The Buyer's Future Rezoning Opportunity With City Planner)****A PRIME CORNER OF BAYVIEW/CITATION in Sought after Neighbourhood Bayview Village**This Property is Ideal For Families/End-Users Or Investor Looking To Generate Immediate Rental Income now Or A Developer for an exciting future project &The Current Property Is Arranged W/A Multiplex Style-------A Self-Contained Studio Area(Potential Rental Income) & Main-Residence Area & A Self-Contained Lower Level(Potential Rental Income-$$$)**Generous Main Foyer--Spacious & Functional Flr Plan W/Open Concept Lr/Dr Rms W/Natural Sunfilled--Easy Access To South Exp/Overlooking Greenary(Deep Lot-Ravine)--Eat-In Family Size Kitchen & Practical Main Flr Laundry Rm & Well-Appointed Bedroom Sizes(2nd Flr)------A Separate Entrance To A Lower Level(Potential Solid Rental Income $$$----Super Bright & Easy Access To Private Backyard)--------This Property has a 2 Elements combined--------------------------------1)A City Official Plan---------Permittable TOWNHOUSE redevelopment OPPORTUNITY -------------------------POTENTIAL---------------------------------INCREASING LAND DENSITY OPPORTUNITY(The buyer is to verify with a city planner)------2)An existing Multi-purpose 2storey Hm(Fabulous Potential Income Producing Units $$$) Combined***Close To All Amenities(A Wonderful Bayview Village Mall-Ravine-Schools-Subway Station-Parks-Hwys)
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-10-04 2021-11-04 31 $3,500 - Terminated
Extras
*2Kitchens(Main/Lower Levels)*2Sets Of Appl(Main Flr-Fridge,New Stove(2024),Hood fan,B/I Dishwasher & Bsmt--New Fridge(2024),Stove & Washer/Dryer,Updated Furance,Garage Dr-Opener(2Cars Garage),100Amps Elec Breaker,New Laminate Flr(Main Flr)
Nearby Intersections
Property Features
Fenced Yard, Public Transit, Ravine, Rec Centre, School, Wooded/Treed
Property Details
Property Type
Detached, 2-Storey
Lot Size
67' x 171'
Lot Irregularities
62Ft(Bck)155.81Ft(W)-Bckng /Fcng On Park
Fronting
South
Taxes
$10,347 (2023)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain11.81' x 17.09'Laminate, Combined W/Dining, Window
DiningMain6.56' x 11.81'W/O To Sundeck, O/Looks Ravine, Laminate
KitchenMain12.20' x 14.17'Eat-In Kitchen, French Doors, Window
FamilyMain11.88' x 19.98'3 Pc Ensuite, Laminate, Side Door
Prim Bdrm2nd11.88' x 17.19'4 Pc Ensuite, O/Looks Ravine, Hardwood Floor
2nd Br2nd10.17' x 12.34'Hardwood Floor, B/I Bookcase, Window
3rd Br2nd10.53' x 10.83'Hardwood Floor, Closet, Window
4th Br2nd10.76' x 10.86'Hardwood Floor, Window, Closet
RecLower11.12' x 18.60'Laminate, W/O To Yard, O/Looks Ravine
KitchenLower6.00' x 9.97'Ceramic Floor, Open Concept
BrLower10.99' x 11.45'3 Pc Ensuite, Laminate
DenLower9.22' x 11.19'Laminate
North York Market Statistics
North York Price Trend
2977 Bayview Ave is a 4-bedroom 6-bathroom home listed for sale at $2,398,000, which is $471,431 (24.5%) higher than the average sold price of $1,926,569 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 4 bedroom home in North York increased by $4,540 (0.2%) compared to the previous 30 day period (July 17 - August 15) and up $24,529 (1.3%) from the same time one year ago.
Inventory Change
There were 600 4-bedroom homes listed in North York over the last 30 days (August 16 - September 14), which is up 60.9% compared with the previous 30 day period (July 17 - August 15) and up 11.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold ($44,922) (2.3%) below asking price over the last 30 days (August 16 - September 14), which represents a $3,038 increase compared to the previous 30 day period (July 17 - August 15) and $6,036 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 16 - September 14) stood at 29.5%, down from 58.7% over the previous 30 days (July 17 - August 15) and down from 34.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 6-bathroom home in North York stood at 29 days when successfully sold over the last 30 days (August 16 - September 14), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Forest Hill Real Estate Inc.
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