8 Penwood Cres

FOR SALE
$6,499,000
8 Penwood Cres, North York
8 Penwood Cres
8 Penwood Cres
8 Penwood Cres
8 Penwood Cres
8 Penwood Cres
8 Penwood Cres
8 Penwood Cres
8 Penwood Cres
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8 Penwood Cres
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8 Penwood Cres
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8 Penwood Cres
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8 Penwood Cres
8 Penwood Cres
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8 Penwood Cres
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8 Penwood Cres
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4
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
11 + 3
ROOMS
C8312684
MLSID
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Property Description
Rare Opportunity To Live On Ravine Side Of Penwood! Meticulous Landscape In Front And Back.Custom Interior Finishes On All 3 Floors. Gourmet Kitchen W/Cupola, Marble Flr, Marble And Granite Counters & French Doors. Outdoor Room W/ Cupola, Motorized Screens, Bbq & Stone Floor. Conservatory W/ Cathedral Windows, Separate Hvac, Marble Floor. Primary Bedroom Suite W/ Oversized Dressing Room (Custom Cabinetry, Stone Countertop, Walk-In Closet),4 Pc Ensuite. Second Bedroom W/Cupola, Walk-Out To Large Deck And Motorized Awning, Overlooking Ravine. Second Floor Landing W/Cupola. Extras Include 8 Zone Audio System, Crestron Lighting System, Central Vac, Security System W/ Cameras/Computer, Acquabon Water Softener, Reverse Osmosis Water, Second Floor Laundry, Rough-In For Generator, Inground Concrete Pool/Whirlpool, 3 Furnace/Ac Units, Custom Hardwood In Living, Family,Dining Rooms. Everything High-End.No Expense Spared In And Out. Diligent Maintenance Schedule Adhered To. Refer To Feature Sheet/Floor Plans For Complete Details. Second Bedroom Currently Used As Office. Primary Dressing Room Can Be Converted To 5th Bedroom.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-09-20 2023-11-20 61 $6,890,000 - Expired
2023-05-31 2023-06-22 22 $7,480,000 - Terminated
2023-05-08 2023-05-30 22 $7,980,000 - Terminated
Extras
Refer To Feature Sheet/Floor Plans For Complete Details. Second Bedroom Currently Used As Office. Primary Dressing Room Can Be Converted To 5th Bedroom.
Nearby Intersections
Property Features
Fenced Yard, Park, Ravine, Rec Centre, School, Wooded/Treed
Property Details
Property Type
Detached, 2-Storey
Lot Size
84' x 125'
Fronting
West
Taxes
$21,654 (2024)
Basement
Fin W/O, Full
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Front Yard
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingGround14.67' x 25.92'Hardwood Floor, Moulded Ceiling, Pot Lights
DiningGround17.65' x 19.00'Hardwood Floor, Moulded Ceiling, Formal Rm
KitchenGround15.68' x 18.77'Marble Floor, W/O To Garden, Centre Island
FamilyGround13.85' x 25.75'Hardwood Floor, W/O To Garden, Gas Fireplace
SunroomGround14.99' x 26.18'Marble Floor, W/O To Garden, O/Looks Ravine
LibraryGround14.07' x 17.26'Marble Floor, B/I Bookcase, Pot Lights
Prim Bdrm2nd15.32' x 20.01'4 Pc Ensuite, Moulded Ceiling, Pot Lights
Tandem2nd13.16' x 14.67'Stone Counter, W/I Closet, Pot Lights
2nd Br2nd17.16' x 18.18'W/O To Deck, Coffered Ceiling, O/Looks Ravine
3rd Br2nd12.24' x 14.67'Broadloom, Combined W/Sitting, B/I Desk
4th Br2nd13.09' x 13.42'Moulded Ceiling, His/Hers Closets, Pot Lights
RecBsmt11.32' x 42.65'3 Pc Bath, W/W Closet, W/O To Garden
North York Market Statistics
North York Price Trend
8 Penwood Cres is a 4-bedroom 4-bathroom home listed for sale at $6,499,000, which is $4,328,809 (199.5%) higher than the average sold price of $2,170,191 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in North York increased by $166,617 (8.3%) compared to the previous 30 day period (March 15 - April 13) and up $60,530 (2.9%) from the same time one year ago.
Inventory Change
There were 734 4-bedroom homes listed in North York over the last 30 days (April 14 - May 13), which is up 63.5% compared with the previous 30 day period (March 15 - April 13) and up 23.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold $14,231 (0.7%) above asking price over the last 30 days (April 14 - May 13), which represents a $6,380 decrease compared to the previous 30 day period (March 15 - April 13) and $64,276 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 (April 14 - May 13) stood at 38.3%, down from 60.8% over the previous 30 days (March 15 - April 13) and down from 64.9% 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 16 days when successfully sold over the last 30 days (April 14 - May 13), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Portfolio Realty
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