38 Lorraine Dr
Willowdale West, North York, M2N 2E5
FOR SALE
$3,619,000
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5 + 2
BEDROOMS7
BATHROOMS1 + 1
KITCHENS10 + 3
ROOMSC11942832
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Property Description
Welcome to the epitome of modern luxury living in North York. This exquisite 5-bedroom custom home seamlessly combines contemporary design with premium finishes, setting a new standard for sophisticated elegance. The main living spaces showcase sleek, modern touches, while the fully finished basement transforms into an in-law suite, featuring a full kitchen for added convenience and versatility. Every detail of this home exudes style and comfort. This residence not only meets but exceeds the expectations of discerning homeowners seeking a blend of opulence and practicality in the heart of North York. Heated Floor in Master Ensuite and Basement. Spacious Basement Apartment with Full Kitchen, 2 Bedrooms, 2 Bathrooms, Laundry and Separate Walk-Up Entrance. Padded Area for Boat Parking in Backyard. 2 Furnace and 2 AC, Walking Distance to Yonge St, TTC and Library.
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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
Yonge & Finch (250)
Yonge & Steeles (168)
Property Features
Arts Centre, Cul De Sac, Library, Park, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
60' x 126'
Lot Irregularities
3 Car Garage! Walking to Yonge St.
Fronting
North
Taxes
$16,800 (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
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.98' x 30.12' | Hardwood Floor, Picture Window, Open Concept |
Dining | Main | 11.98' x 30.12' | Hardwood Floor, Pantry, Combined W/Living |
Kitchen | Main | 16.90' x 40.32' | B/I Appliances, O/Looks Family, Breakfast Area |
Family | Main | 16.90' x 40.32' | Hardwood Floor, Gas Fireplace, Walk-Out |
Prim Bdrm | 2nd | 18.73' x 18.77' | Hardwood Floor, 6 Pc Ensuite, W/I Closet |
2nd Br | 2nd | 12.53' x 14.34' | Hardwood Floor, 4 Pc Ensuite, Closet Organizers |
3rd Br | 2nd | 12.86' x 14.40' | Hardwood Floor, 3 Pc Ensuite, Closet Organizers |
4th Br | 2nd | 13.35' x 16.90' | Hardwood Floor, 3 Pc Ensuite, Closet Organizers |
5th Br | 2nd | 9.74' x 10.07' | Hardwood Floor, Window, O/Looks Frontyard |
Rec | Bsmt | 16.54' x 39.50' | Eat-In Kitchen, 3 Pc Bath, Walk-Up |
Br | Bsmt | 13.75' x 13.88' | Above Grade Window, 3 Pc Ensuite, Closet |
2nd Br | Bsmt | 13.75' x 13.88' | Above Grade Window, Closet Organizers, Closet |
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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 $934,527 (34.8%) higher than the average sold price of $2,684,473 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 5 bedroom home in North York increased by $172,255 (6.9%) compared to the previous 30 day period (November 19 - December 18) and up $46,070 (1.7%) from the same time one year ago.Inventory Change
There were 68 5-bedroom homes listed in North York over the last 30 days (December 19 - January 17), which is up 13.3% compared with the previous 30 day period (November 19 - December 18) and up 65.9% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in North York typically sold ($300,715) (11.2%) below asking price over the last 30 days (December 19 - January 17), which represents a $197,054 decrease compared to the previous 30 day period (November 19 - December 18) and ($121,269) 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 19 - January 17) stood at 27.9%, down from 60.0% over the previous 30 days (November 19 - December 18) and down from 63.4% 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 46 days when successfully sold over the last 30 days (December 19 - January 17), compared to 98 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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