5 Colvestone Rd

FOR SALE
$3,000,000
5 Colvestone Rd, North York
5 Colvestone Rd
5 Colvestone Rd
5 Colvestone Rd
5 Colvestone Rd
5 Colvestone Rd
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4 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
7 + 4
ROOMS
C8317094
MLSID
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Property Description
St. Andrew's Neighborhood Surrounded By Multi-Million Homes. Dead End Street With No Neighbors Beside. 15,000+ Sqft Pie-Shaped Lot Suitable To Build One Of The Largest Homes In The Area. First-Time Ever Offered For Sale. Ranch Style Bungalow With Many Unique Features. Survey Available. Steps To Shops On Bayview, High Ranking Schools, 401/404 & Mins To Downtown
Extras
Extra Wide 15,360 Sqft Lot In Prestigious Neighborhood. Dead End Street Location. First Time Offered. Most Desirable Lot In The Area.
Nearby Intersections
Property Features
Park, Public Transit, Rec Centre, School
Property Details
Property Type
Detached, Bungalow
Lot Size
96' x 148'
Lot Irregularities
Rear - 134.75', West - 125.95'
Fronting
South
Taxes
$15,204 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Built-In
North York Market Statistics
North York Price Trend
5 Colvestone Rd is a 4-bedroom 3-bathroom home listed for sale at $3,000,000, which is $829,809 (38.2%) higher than the average sold price of $2,170,191 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in North York increased by $166,617 (8.3%) compared to the previous 30 day period (March 15 - April 13) and up $60,530 (2.9%) from the same time one year ago.
Inventory Change
There were 734 4-bedroom homes listed in North York over the last 30 days (April 14 - May 13), which is up 63.5% compared with the previous 30 day period (March 15 - April 13) and up 23.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold $14,231 (0.7%) above asking price over the last 30 days (April 14 - May 13), which represents a $6,380 decrease compared to the previous 30 day period (March 15 - April 13) and $64,276 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 (April 14 - May 13) stood at 38.3%, down from 60.8% over the previous 30 days (March 15 - April 13) and down from 64.9% 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 16 days when successfully sold over the last 30 days (April 14 - May 13), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max West Realty Inc.
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