48 Bannatyne Dr

FOR SALE
$2,880,000
48 Bannatyne Dr, North York
48 Bannatyne Dr
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
7 + 4
ROOMS
C8422890
MLSID
Contact Us
Property Description
"Presenting an extraordinary bungalow nestled on a unique corner ravine lot within the prestigious St.Andrew`s community, Move In Or Renovate/Build Your Dream Home. This residence epitomizes luxury living at its finest. The magnificent private backyard, adorned with lush gardens and a sizable pool, offers a serene retreat amidst nature's splendour. Featuring an above-grade basement with walkout access, this home seamlessly integrates indoor and outdoor living, providing a resort-like experience right at your doorstep. The dining room and family room showcase panoramic views of the ravine through picture windows, while both the family room and master bedroom extend to a balcony overlooking the verdant greenbelt. The second and third bedrooms offer ample space and natural light, framing picturesque scenes of the front yard. A modern kitchen illuminated by a skylight completes the main level, offering a perfect blend of style and functionality. With a building permit already secured and all preparations in place, this property is primed for action, offering a seamless transition for the discerning of both the builder and end user. An approved drawing for a custom home featuring 7,894 square feet of living space, including a walkout basement, awaits realization, presenting a rare opportunity to create a bespoke masterpiece tailored to your vision. Luxury abounds throughout the proposed design, with standout features such as a stunning open-to-above family room boasting a 20-foot ceiling, oversized two-story windows offering captivating ravine views, and a master closet equipped with a central island for added convenience.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-01 2024-05-31 91 $2,960,000 - Expired
2019-01-08 2019-01-31 23 $3,600 $3,500 Leased
2018-09-14 2018-12-14 91 $3,800 - Expired
Extras
Basement Bar, Fridge, Stove, Dishwasher, Washer, Dryer, All Elfs And Windows Cover. Direct Walk To Garage From Basement.
Property Details
Property Type
Detached, Bungalow
Lot Size
58' x 226'
Lot Irregularities
Ravine. Attached Survey
Fronting
West
Taxes
$10,529 (2024)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerGround17.22' x 14.60'Hardwood Floor
LivingGround10.01' x 16.47'Hardwood Floor, Parquet Floor, Large Window
FamilyGround12.60' x 21.65'Hardwood Floor, O/Looks Ravine, W/O To Deck
KitchenGround11.65' x 14.99'Centre Island, Skylight
DiningGround11.71' x 14.11'Hardwood Floor, Picture Window, O/Looks Ravine
Prim BdrmGround14.24' x 15.29'Hardwood Floor, 4 Pc Ensuite, W/I Closet
2nd BrGround10.66' x 12.83'Hardwood Floor, Double Closet, California Shutters
3rd BrGround10.01' x 12.83'Hardwood Floor, California Shutters, Closet
RecBsmt25.89' x 26.38'B/I Bar, Fireplace, 2 Pc Bath
OfficeBsmt10.24' x 14.04'Parquet Floor, Track Lights, Panelled
OtherBsmt16.54' x 9.42'B/I Shelves
FurnaceBsmt12.24' x 21.49'W/O To Garage
North York Market Statistics
North York Price Trend
48 Bannatyne Dr is a 3-bedroom 3-bathroom home listed for sale at $2,880,000, which is $1,535,096 (114.1%) higher than the average sold price of $1,344,904 in the last 30 days (June 3 - July 2). During the last 30 days the average sold price for a 3 bedroom home in North York declined by $69,225 (4.9%) compared to the previous 30 day period (May 4 - June 2) and down $55,763 (4.0%) from the same time one year ago.
Inventory Change
There were 1,180 3-bedroom homes listed in North York over the last 30 days (June 3 - July 2), which is up 12.2% compared with the previous 30 day period (May 4 - June 2) and up 23.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in North York typically sold $31,319 (2.3%) above asking price over the last 30 days (June 3 - July 2), which represents a $34,941 decrease compared to the previous 30 day period (May 4 - June 2) and $92,567 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 3-bedroom homes in North York over the last 30 days (June 3 - July 2) stood at 50.3%, down from 55.4% over the previous 30 days (May 4 - June 2) and down from 81.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in North York stood at 12 days when successfully sold over the last 30 days (June 3 - July 2), compared to 36 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Barry Cohen Homes Inc.
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