38 Lorraine Dr

FOR SALE
$3,619,000
38 Lorraine Dr, North York
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5 + 2
BEDROOMS
7
BATHROOMS
1 + 1
KITCHENS
10 + 3
ROOMS
C10430753
MLSID
Contact Us
Property Description
Welcome to this beautiful over 4000 Sq.ft Custom Home (2018) near Finch and Yonge, Sun -filled main Floor features oversized family room, Huge basement apartment with big size and open concept kitchen, fully fenced backyard, oversized 3 car built-in garage, Exceptional Layout with Graciously proportioned principal room, High celling(main floor, second floor, basement) Hardwood Floor and quality finishes, gourmet Kitchen with high end appliances, quartz Countertop, ample Storage, High quality interlock front & back, Walking distance to Yonge St, Subway, Library, Restaurant, gym...
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-01-22 2024-04-22 91 $3,790,000 - Terminated
2024-04-22 2024-05-05 13 $3,790,000 $3,619,000 Sold
Nearby Intersections
Property Features
Arts Centre, Cul De Sac, Library, Park, Rec Centre, School
Property Details
Property Type
Detached, 2-Storey
Lot Size
60' x 125'
Lot Irregularities
3 Car Garage! Walking to Yonge St.
Fronting
North
Taxes
$18,001 (2024)
Basement
Finished, Walk-Up
Exterior
Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
7
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain11.94' x 30.12'Hardwood Floor, Picture Window, Open Concept
DiningMain11.94' x 30.12'Hardwood Floor, Pantry, Combined W/Living
KitchenMain18.21' x 40.32'B/I Appliances, O/Looks Family, Breakfast Area
FamilyMain18.21' x 40.32'Hardwood Floor, Gas Fireplace, Walk-Out
Prim Bdrm2nd18.73' x 18.77'Hardwood Floor, 6 Pc Ensuite, W/I Closet
2nd Br2nd12.53' x 14.34'Hardwood Floor, 4 Pc Ensuite, Closet Organizers
3rd Br2nd12.86' x 14.40'Hardwood Floor, 3 Pc Ensuite, Closet Organizers
4th Br2nd15.42' x 16.90'Hardwood Floor, 3 Pc Ensuite, Closet Organizers
5th Br2nd9.74' x 12.14'Hardwood Floor, Window, O/Looks Frontyard
RecBsmt16.54' x 39.50'Eat-In Kitchen, 3 Pc Bath, Walk-Up
BrBsmt13.75' x 13.88'Above Grade Window, 3 Pc Ensuite, Closet
2nd BrBsmt13.75' x 13.88'Above Grade Window, Closet Organizers, Closet
North York Market Statistics
North York Price Trend
38 Lorraine Dr is a 5-bedroom 7-bathroom home listed for sale at $3,619,000, which is $903,883 (33.3%) higher than the average sold price of $2,715,117 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 5 bedroom home in North York increased by $148,190 (5.8%) compared to the previous 30 day period (November 18 - December 17) and up $187,217 (7.4%) from the same time one year ago.
Inventory Change
There were 66 5-bedroom homes listed in North York over the last 30 days (December 18 - January 16), which is up 11.9% compared with the previous 30 day period (November 18 - December 17) and up 106.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in North York typically sold ($293,040) (10.8%) below asking price over the last 30 days (December 18 - January 16), which represents a $183,750 decrease compared to the previous 30 day period (November 18 - December 17) and ($98,200) 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 (December 18 - January 16) stood at 25.8%, down from 72.9% over the previous 30 days (November 18 - December 17) and down from 78.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 7-bathroom home in North York stood at 44 days when successfully sold over the last 30 days (December 18 - January 16), compared to 95 days before being removed from the market upon being suspended or terminated.
Listing contracted with Landview Realty Ltd.
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