7 Gerald St

FOR SALE
$5,100,000
7 Gerald St, North York
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4 + 2
BEDROOMS
4
BATHROOMS
1
KITCHENS
8 + 3
ROOMS
C9304436
MLSID
Contact Us
Property Description
Discover a rare opportunity in the prestigious St. Andrew-Windfields neighborhood! This well-maintained two-story home sits on an expansive 15,000+ sq. ft. premium lot, complete with an existing pool. Its an extraordinary chance for builders, investors, or end users to create a dream home in the coveted Bayview/York Mills area. Plans and permits are already in place to build a custom-designed home featuring over 7,000 sq. ft. of modern luxury, with more than 10,000 sq. ft. of total living space. This home is designed with soaring ceilings: 12'10" on the main floor, 12' on the second floor, and 11' in the basement.Ideally located near top-rated schools, including Harrison PS, York Mills Collegiate, Crescent School, and Toronto French School, this property offers a rare chance to own prime land in one of Torontos most amenity-rich neighborhoods. Dont miss out on this exceptional offering!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-13 2024-04-13 60 $5,100,000 - Expired
2023-12-04 2024-02-13 71 $5,300,000 - Terminated
2023-08-14 2023-11-14 92 $5,699,000 - Expired
2023-06-01 2023-07-04 33 $5,700,000 - Terminated
2023-03-15 2023-04-04 20 $5,700,000 - Terminated
2022-02-16 2022-02-17 1 $3,890,000 $4,610,000 Sold
Extras
Plans Include Lift, Gym, Home Theatre, Pool, Cabana, Jacuzzi, Sauna & Hot Tub.
Nearby Intersections
Property Details
Street
Property Type
Detached, 2-Storey
Lot Size
75' x 200'
Fronting
East
Taxes
$15,977 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
15
Driveway
Circular
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingGround50.59' x 23.95'East West View, Gas Fireplace, O/Looks Pool
DiningGround12.14' x 14.21'Formal Rm, West View, Picture Window
KitchenGround12.24' x 18.24'Stainless Steel Appl, Granite Counter, Hardwood Floor
FamilyGround21.26' x 16.08'East View, Bay Window, Hardwood Floor
Prim Bdrm2nd13.85' x 15.62'W/I Closet, 3 Pc Ensuite, Hardwood Floor
2nd Br2nd13.78' x 12.11'Hardwood Floor, Closet
3rd Br2nd12.04' x 16.11'Hardwood Floor, Closet
4th Br2nd14.21' x 11.58'Hardwood Floor, Closet
RecBsmt14.70' x 23.46'Combined W/Br, Gas Fireplace, 3 Pc Bath
StudyBsmt9.68' x 9.94'Closet, Broadloom, Window
North York Market Statistics
North York Price Trend
7 Gerald St is a 4-bedroom 4-bathroom home listed for sale at $5,100,000, which is $3,243,914 (174.8%) higher than the average sold price of $1,856,086 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 4 bedroom home in North York declined by $111,496 (5.7%) compared to the previous 30 day period (September 23 - October 22) and down $100,722 (5.1%) from the same time one year ago.
Inventory Change
There were 526 4-bedroom homes listed in North York over the last 30 days (October 23 - November 21), which is down 21.6% compared with the previous 30 day period (September 23 - October 22) and up 9.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold ($34,194) (1.8%) below asking price over the last 30 days (October 23 - November 21), which represents a $6,080 decrease compared to the previous 30 day period (September 23 - October 22) and ($60,508) 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 4-bedroom homes in North York over the last 30 days (October 23 - November 21) stood at 54.8%, up from 46.3% over the previous 30 days (September 23 - October 22) and up from 48.8% 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 23 days when successfully sold over the last 30 days (October 23 - November 21), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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