49 Timberlane Dr

FOR SALE
$3,450,000
49 Timberlane Dr, North York
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5
BEDROOMS
4
BATHROOMS
2
KITCHENS
9
ROOMS
C11990502
MLSID
Contact Us
Property Description
A Rare Opportunity on Timberlane Drive - Premium Ravine Lot in an Exclusive Enclave. Seize the opportunity to build your dream home on one of the most sought-after streets in Toronto. Nestled at the end of a quiet cul-de-sac, this exceptional 80 ft x 295 ft lot offers breathtaking ravine views and an abundance of privacy. A rare combination of expansive table land and serene natural surroundings makes this the perfect setting for a custom-built masterpiece. Located in an exclusive pocket of luxury homes, this property provides the ideal foundation for those looking to create a one-of-a-kind estate. Enjoy the tranquility of ravine living while being just moments away from top-rated public and private schools, parks, and the upscale amenities of Avenue Road. With convenient access to major highways, dining, shopping, and recreation, this location balances seclusion with connectivity. Whether you envision a modern architectural statement or a timeless classic, 49 Timberlane Drive presents an unparalleled canvas for your vision. Don't miss this rare chance to secure a prime lot in a prestigious neighborhood. Opportunities like this are few and far between.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-11-15 2024-02-16 93 $4,200,000 - Expired
Nearby Intersections
Property Features
Cul De Sac, Ravine
Property Details
Property Type
Detached, Sidesplit 4
Lot Size
80' x 295'
Acreage
.50-1.99
Fronting
South
Taxes
$12,096 (2025)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
North York Market Statistics
North York Price Trend
49 Timberlane Dr is a 5-bedroom 4-bathroom home listed for sale at $3,450,000, which is $1,192,260 (52.8%) higher than the average sold price of $2,257,740 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in North York declined by $417,786 (15.6%) compared to the previous 30 day period (December 22 - January 20) and down $43,645 (1.9%) from the same time one year ago.
Inventory Change
There were 122 5-bedroom homes listed in North York over the last 30 days (January 21 - February 19), which is up 71.8% compared with the previous 30 day period (December 22 - January 20) and up 60.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in North York typically sold ($33,435) (1.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $266,747 increase compared to the previous 30 day period (December 22 - January 20) and ($36,659) more 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 (January 21 - February 19) stood at 31.1%, up from 26.8% over the previous 30 days (December 22 - January 20) and down from 48.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in North York stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Norman Hill Realty Inc.
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