8/10/12 Southbourne Ave

FOR SALE
$4,999,000
8/10/12 Southbourne Ave, North York
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
C11984212
MLSID
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Property Description
Attention Developers, Investors & Builders! Prime Re-Development Location in the prestigious Armour Heights neighbourhood ! Multiple lots with decent two storey house available for land assembly. Each lot 5000 sq ft of land area. Currently over15000Sq Ft of Total Land Area in Place. Potential for future Condominium Development/Townhouses. Prime Location First Block beside Bathurst, surrounded by million dollar houses!! DO NOT GO DIRECT! Do Not Disturb Occupants! DO NOT WALK THE LOT w/o Listing Agent present. **
Nearby Intersections
Property Features
Public Transit
Property Details
Property Type
Detached, 2-Storey
Lot Size
40' x 125'
Fronting
North
Taxes
$7,296 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround11.81' x 19.03'Fireplace, Picture Window, Moulded Ceiling
DiningGround8.86' x 12.80'Picture Window, Broadloom, Combined W/Living
KitchenGround9.02' x 9.84'Eat-In Kitchen, Ceramic Back Splash, Window
Prim Bdrm2nd11.48' x 15.75'Picture Window, W/I Closet, Hardwood Floor
Br2nd8.86' x 12.47'Hardwood Floor, Closet
Br2nd9.51' x 12.47'Hardwood Floor, Closet
RecBsmt11.48' x 17.06'Fireplace, Panelled
North York Market Statistics
North York Price Trend
8/10/12 Southbourne Ave is a 3-bedroom 2-bathroom home listed for sale at $4,999,000, which is $3,706,402 (286.7%) higher than the average sold price of $1,292,598 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in North York increased by $71,412 (5.8%) compared to the previous 30 day period (December 22 - January 20) and down $8,210 (0.6%) from the same time one year ago.
Inventory Change
There were 676 3-bedroom homes listed in North York over the last 30 days (January 21 - February 19), which is up 105.5% compared with the previous 30 day period (December 22 - January 20) and up 23.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in North York typically sold $27,264 (2.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $35,980 increase compared to the previous 30 day period (December 22 - January 20) and $32,657 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 3-bedroom homes in North York over the last 30 days (January 21 - February 19) stood at 52.8%, down from 53.2% over the previous 30 days (December 22 - January 20) and down from 73.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in North York stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Ultimate Estates
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