58 Timberlane Dr

FOR SALE
$8,995,000
58 Timberlane Dr, North York
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6 + 2
BEDROOMS
10
BATHROOMS
1 + 1
KITCHENS
13 + 2
ROOMS
C11982392
MLSID
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Property Description
West Coast Inspired - Architecturally Significant Custom Residence. Designer Palette And Nestled At Cul-De-Sacs End. In Perfect Harmony Of Sleek Design And Timeless Modern Elegance. Picturesque Natural Treed Setting Overlooking Private Ravine Views. This Home Boasts An Open-Concept Floor Plan, Soaring Ceilings, Floor-To-Ceiling Windows And Cascading Natural Light. Designed For Both Luxury, Functionality & Family Entertainment Being Amenity Rich With An Exciting Interior Slide From Main Floor To Lower Level (Not Just For Kids). The Main Living Area Is An Entertainers Dream, Featuring A Sophisticated Living Room With A Sleek Wood-Burning Fireplace And A Chefs Kitchen Outfitted With Top-Of-The-Line Appliances, Refined Finishes And Eating Area. The Spacious Dining Area Is Equally Impressive, Providing The Perfect Setting For Hosting. The Primary Suite Is A Serene Retreat, Offering Floor-To-Ceiling Windows, A Walkout To The Deck, A Spa-Like Ensuite, And A Large Walk-In Closet. Additional Bedrooms Are Generously Sized, Each Featuring Walk-In Closets And Beautifully Designed Private Ensuites Washrooms. The Expansive Lower Level Provides Exceptional Versatility, Complete With A Large Recreation Room That Opens To The Backyard And Overlooks A Scenic Ravine, Making It An Ideal Space For Both Relaxation And Entertaining. Step Outside To Discover A Serene Backyard Oasis, Backing Onto A Lush Ravine That Offers Both Privacy And Breathtaking Natural Views. This Home Seamlessly Blends Indoor And Outdoor Living. This Rare Modern Retreat Is Situated Within Exclusive Neighbourhood With Convenient Access To Top-Tier Amenities, Renowned Park, Public And Private Schools, Shops And Dining.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-07-17 2020-08-14 28 $26,000 $45,000 Leased
Nearby Intersections
Property Features
Cul De Sac, Park, Ravine, School
Property Details
Property Type
Detached, 2-Storey
Lot Size
76' x 365'
Lot Irregularities
Pies Out To 270.32
Fronting
East
Taxes
$30,951 (2024)
Basement
Finished, W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
Great RmMain21.00' x 21.98'Fireplace, W/O To Deck, Window Flr to Ceil
DiningMain19.00' x 25.98'Heated Floor, Window Flr to Ceil, Porcelain Floor
KitchenMain14.99' x 21.98'O/Looks Ravine, Breakfast Area, Centre Island
StudyMain12.99' x 15.98'Walk-Out, B/I Shelves, Porcelain Floor
Prim BdrmMain14.99' x 15.98'5 Pc Ensuite, W/I Closet, O/Looks Ravine
2nd Br2nd10.99' x 12.99'Large Window, 3 Pc Ensuite, W/I Closet
3rd Br2nd13.98' x 12.99'W/I Closet, Hardwood Floor, 3 Pc Ensuite
4th Br2nd12.99' x 12.99'3 Pc Ensuite, W/I Closet, Large Window
5th Br2nd13.98' x 15.98'Hardwood Floor, 3 Pc Ensuite, W/I Closet
RecLower31.99' x 35.01'Walk-Out, Casement Windows, Heated Floor
North York Market Statistics
North York Price Trend
58 Timberlane Dr is a 6-bedroom 10-bathroom home listed for sale at $8,995,000, which is $7,345,628 (445.4%) 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 10-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 Re/Max Realtron Barry Cohen Homes Inc.
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