501 Fairlawn Ave

FOR SALE
$3,248,000
501 Fairlawn Ave, North York
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
501 Fairlawn Ave
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4 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
8 + 3
ROOMS
C8429868
MLSID
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Property Description
Truly a Perfect Family Home Situated on a Highly-sought after Tree-lined Block of one of the Neighbourhood's most Desirable Streets in Coveted Bedford Park. Entry offers breath-taking entry with soaring Ceiling and beautiful staircase. This Home is flooded with tons of Natural Light with its many Large windows & skylights throughout.Well designed Main Floor, Large Living & Dining Rooms ideal for Entertaining, Beautiful Modern Kitchen with Built-in appliances and large Eat-in Breakfast area, a chef's dream.Enjoy overlooking the Gorgeous south-facing Mature Garden, 2 walk-outs across Back of Home.Family Room truly family-sized! Large 2-Tiered south-facing Deck offers Dining & Lounging areas, gas hook up BBQ. Amazing Primary with Vaulted ceiling, Beautiful spa-inspired 5 pc Ensuite, Walk-in Closet. Large Bedrooms, Huge 2nd Bedroom ideal for Home Office/Bedroom combo ,Contemporary styled Main Bath. Amazing 2nd floor.Basement features Large Rec Room & open-concept Exercise Room. Private 5th Bedroom ideal for Nanny's Room. Direct access from Garage into House.Professionally Stone Exterior, Home offers Beautiful curb appeal. Walk to Neighbourhood Schools ***New French Immersion School opening in Neighbourhood***.Many Private Schools. Minutes to Havergal College, UCC, Toronto French School.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-25 2024-06-10 46 $3,398,000 - Terminated
Extras
Enjoy Convenient Living!Avenue Road Strip is literally few minutes walk,enjoy the many Shops,Restaurants & Fabulous Coffee Shops/Bakeries.Public Transit, Easy access to Downtown & Hwy 401.Walk to Schools, Public Pool & Skating.
Property Features
Park, Public Transit, School
Property Details
Property Type
Detached, 2-Storey
Lot Size
40' x 117'
Fronting
South
Taxes
$10,740 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
FoyerMain11.81' x 12.47'Hardwood Floor, Closet, Pot Lights
LivingMain13.45' x 18.70'Hardwood Floor, Pot Lights
DiningMain13.12' x 15.42'Hardwood Floor
KitchenMain13.12' x 15.42'B/I Appliances, Hardwood Floor, Pot Lights
BreakfastMain8.53' x 13.12'Hardwood Floor, W/O To Deck, B/I Shelves
FamilyMain12.47' x 23.29'Fireplace, Hardwood Floor, W/O To Deck
Prim Bdrm2nd12.80' x 21.00'5 Pc Ensuite, W/I Closet, Vaulted Ceiling
2nd Br2nd12.14' x 12.80'Double Closet
3rd Br2nd9.84' x 11.48'Double Closet
4th Br2nd11.15' x 16.40'Double Closet
RecBsmt20.67' x 24.93'Fireplace, Pot Lights, Irregular Rm
5th BrBsmt11.81' x 12.80'Above Grade Window, Double Closet
North York Market Statistics
North York Price Trend
501 Fairlawn Ave is a 4-bedroom 4-bathroom home listed for sale at $3,248,000, which is $1,200,117 (58.6%) higher than the average sold price of $2,047,883 in the last 30 days (June 3 - July 2). During the last 30 days the average sold price for a 4 bedroom home in North York declined by $144,829 (6.6%) compared to the previous 30 day period (May 4 - June 2) and up $42,975 (2.1%) from the same time one year ago.
Inventory Change
There were 668 4-bedroom homes listed in North York over the last 30 days (June 3 - July 2), which is down 0.0% compared with the previous 30 day period (May 4 - June 2) and up 17.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold $593 (0.0%) above asking price over the last 30 days (June 3 - July 2), which represents a $22,936 decrease compared to the previous 30 day period (May 4 - June 2) and $42,357 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 (June 3 - July 2) stood at 39.1%, down from 46.4% over the previous 30 days (May 4 - June 2) and down from 68.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in North York stood at 17 days when successfully sold over the last 30 days (June 3 - July 2), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc.
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