483 Wilson Ave
Clanton Park, North York, M3H 1T9
FOR SALE
$4,995,000
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6
BEDROOMS3
BATHROOMS3
KITCHENS12
ROOMSC11973505
MLSIDContact Us
Property Description
ATTENTION: INVESTORS, DEVELOPERS AND BUILDERS. Rarely available 3 Semi Detached legal triplex with re development potential (123 x 110 Ft) offering exceptional investment potential. Potential of getting around 100 Units approved. (481,483,485 WILSON AVE)These well-maintained properties have been extensively taken care and features variety of units, each with separate hydro meters. Fully leased with reliable tenants, each unit boasts dual exits for added safety and convenience. parking garage accommodates multiple cars. Nestled on a tranquil cul-de-sac mere step from public transit and the highway 401, This property offers stability and growth potential. VTB not available, and property sold with tenants in place. Each of the three units in this property is a spacious, self-contained apartment, offering comfortable living spaces with ample amenities. Each Triplex has one unit 1 Bdr. and 1 washroom, Two units of 3 bedrooms, 1 washroom. Total 3 Units of 1 Bedroom, 1 Washroom and 6 Units of 3 bed. Potential of re development of around 100 units. Walking distance to Wilson Subway
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Nearby Intersections
Wilson & Allen (27)
Bathurst & Wilson (30)
Property Features
Hospital, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
41' x 110'
Acreage
< .50
Fronting
North
Taxes
$5,858 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Other
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North York Market Statistics
North York Price Trend
483 Wilson Ave is a 6-bedroom 3-bathroom home listed for sale at $4,995,000, which is $3,345,628 (202.8%) higher than the average sold price of $1,649,372 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 6 bedroom home in North York declined by $630,628 (27.7%) compared to the previous 30 day period (December 22 - January 20) and down $683,628 (29.3%) from the same time one year ago.Inventory Change
There were 24 6-bedroom homes listed in North York over the last 30 days (January 21 - February 19), which is up 41.2% compared with the previous 30 day period (December 22 - January 20) and up 14.3% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in North York typically sold ($138,427) (8.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $81,573 increase compared to the previous 30 day period (December 22 - January 20) and ($82,500) 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 6-bedroom homes in North York over the last 30 days (January 21 - February 19) stood at 20.8%, up from 5.9% over the previous 30 days (December 22 - January 20) and down from 28.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in North York stood at 73 days when successfully sold over the last 30 days (January 21 - February 19), compared to 94 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Miracle Realty Ltd
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