FOR SALE
$6,850,000
78 Arjay Cres, North York
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
78 Arjay Cres
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4
BEDROOMS
5
BATHROOMS
1
KITCHENS
6
ROOMS
C9353456
MLSID
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Property Description
Welcome to 78 Arjay Cres, located on the coveted Arjay Crescent. This property offers breathtaking views overlooking the ravine, Rosedale Golf Club, and the city. The irregular L-shape of the lot widens to 187 feet in the rear, providing exceptional development potential. Whether you choose to move in, renovate the existing bungalow, or build your dream home, all necessary paperwork and permits for constructing a new home are complete, allowing for immediate construction. The future build will seamlessly combine modern design with the tranquil ravine setting, providing 9,269 sqft above grade, 6 + 2 bedrooms, an office on the main floor, and a lower level with a home theater, gym, recreation room, and ample storage space. The property also features a double-ceiling family room with walk-out access to a large patio overlooking the ravine, which is complete with a pool and cabana. Additionally, there is underground parking with a capacity of 10 cars. This prime location is just minutes from renowned private schools, Granite Club, shops, and eateries. This is a must-see opportunity!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-10-12 2023-01-20 100 $6,380,000 $5,400,000 Sold
2022-10-12 2023-01-20 100 $6,380,000 $5,400,000 Sold
2022-10-12 2023-01-20 100 $6,380,000 $5,400,000 Sold
2022-09-07 2022-10-11 34 $6,800,000 - Terminated
2022-01-20 2022-05-27 126 $7,495,000 $6,625,000 Sold
2021-09-21 2022-01-20 121 $7,995,000 - Terminated
Nearby Intersections
Property Features
Golf, Park, Public Transit, Ravine, School
Property Details
Property Type
Detached, Bungalow
Lot Size
115' x 275'
Lot Irregularities
Widens To 178'
Fronting
West
Taxes
$29,763 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain19.36' x 28.54'Cathedral Ceiling, Brick Fireplace, W/O To Patio
DiningMain13.45' x 13.78'Panelled, Large Window
KitchenMain13.78' x 17.06'Walk-Out, Window
Prim BdrmMain18.70' x 20.34'4 Pc Ensuite, Window, Closet
2nd BrMain8.53' x 13.12'Window, Closet
3rd BrMain11.48' x 13.78'Window
4th BrMain10.17' x 20.01'Window, 3 Pc Ensuite
5th BrMain11.48' x 14.11'
FamilyMain12.47' x 16.73'
North York Market Statistics
North York Price Trend
78 Arjay Cres is a 4-bedroom 5-bathroom home listed for sale at $6,850,000, which is $4,945,943 (259.8%) higher than the average sold price of $1,904,057 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in North York declined by $84,958 (4.3%) compared to the previous 30 day period (September 21 - October 20) and down $159,815 (7.7%) from the same time one year ago.
Inventory Change
There were 546 4-bedroom homes listed in North York over the last 30 days (October 21 - November 19), which is down 22.7% compared with the previous 30 day period (September 21 - October 20) and up 20.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold ($35,760) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $7,729 decrease compared to the previous 30 day period (September 21 - October 20) and ($76,652) 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 21 - November 19) stood at 54.6%, up from 40.1% over the previous 30 days (September 21 - October 20) and up from 47.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in North York stood at 22 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 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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