42 Lockerbie Ave

FOR SALE
$1,550,000
42 Lockerbie Ave, North York
42 Lockerbie Ave
42 Lockerbie Ave
42 Lockerbie Ave
42 Lockerbie Ave
42 Lockerbie Ave
42 Lockerbie Ave
42 Lockerbie Ave
42 Lockerbie Ave
42 Lockerbie Ave
42 Lockerbie Ave
42 Lockerbie Ave
42 Lockerbie Ave
42 Lockerbie Ave
42 Lockerbie Ave
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4 + 2
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
10 + 4
ROOMS
W9263856
MLSID
Contact Us
Property Description
This prime investment opportunity near 3 major highways for unparalleled commuting ease. This home features 3 fully renovated, self-contained apartments, each with its own private entrance, offering exceptional privacy and vacant. Brand new appliances are seamlessly integrated throughout, complemented by 2 glass shower stalls, quartz countertops, and engineered hardwood floors, combining elegance and durability. Every detail is meticulously curated, from new doors to striking kitchen cabinetry. This property is an outstanding income-generating asset, with its multi-unit configuration enhancing rental income potential. An oversized deck with a full-sized awning provides an ideal space for outdoor dining. This is Move-in ready!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-06 2024-06-06 92 $1,600,000 - Expired
2024-01-03 2024-03-06 63 $1,600,000 - Terminated
2023-11-27 2023-12-21 24 $1,600,000 - Terminated
Property Features
Fenced Yard, Hospital, Library, Public Transit, School, School Bus Route
Property Details
Property Type
Detached, 2-Storey
Lot Size
50' x 125'
Fronting
West
Taxes
$4,411 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Pvt Double
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain14.04' x 11.88'Hardwood Floor, O/Looks Frontyard, Picture Window
DiningMain14.04' x 11.88'Combined W/Dining, Hardwood Floor, Open Concept
KitchenMain15.19' x 8.79'Centre Island, Hardwood Floor
BrMain9.32' x 11.19'Closet, Hardwood Floor, Window
BrMain8.86' x 11.52'Closet, Hardwood Floor, Window
Living2nd18.27' x 13.81'Combined W/Dining, Hardwood Floor, Open Concept
Kitchen2nd14.21' x 9.84'Hardwood Floor, Pass Through
Br2nd12.80' x 9.78'Closet, Window
Br2nd11.29' x 10.04'Closet, Hardwood Floor, Window
LivingBsmt12.20' x 12.11'3 Pc Bath, Above Grade Window, Broadloom
BrBsmt8.92' x 11.55'Above Grade Window, Broadloom, W/I Closet
KitchenBsmt12.89' x 10.30'Ceramic Back Splash, Tile Floor
North York Market Statistics
North York Price Trend
42 Lockerbie Ave is a 4-bedroom 3-bathroom home listed for sale at $1,550,000, which is $371,732 (19.3%) lower than the average sold price of $1,921,732 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in North York declined by $26,954 (1.4%) compared to the previous 30 day period (July 20 - August 18) and up $16,194 (0.8%) from the same time one year ago.
Inventory Change
There were 599 4-bedroom homes listed in North York over the last 30 days (August 19 - September 17), which is up 64.6% compared with the previous 30 day period (July 20 - August 18) and up 20.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold ($30,418) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $18,834 increase compared to the previous 30 day period (July 20 - August 18) and ($9,046) 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 19 - September 17) stood at 32.2%, down from 54.7% over the previous 30 days (July 20 - August 18) and down from 36.3% 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 26 days when successfully sold over the last 30 days (August 19 - September 17), compared to 63 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max West Realty Inc.
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