83 Drewry Ave

FOR SALE
$2,745,000
83 Drewry Ave, North York
83 Drewry Ave
83 Drewry Ave
83 Drewry Ave
83 Drewry Ave
83 Drewry Ave
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C10406686
MLSID
Contact Us
Property Description
83 and 85 Drewry Properties to be sold together, offering immense potential. Build up to 7 stories and approximately 50,000 sqft. Prime location near top-rated schools, Yonge St., and Finch subway. The area features several townhomes and stacked townhomes on Drewry and nearby. The purchase price includes an adjacent property, providing a prime corner parcel measuring 93.5 x 168 feet. Please note, the vendor does not make any representations regarding future development potential. A planners opinion letter is available upon request.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-19 2024-11-04 77 $3,249,400 - Terminated
Nearby Intersections
Property Details
Property Type
Detached, 1 1/2 Storey
Lot Size
28' x 168'
Fronting
South
Taxes
$6,397 (2023)
Basement
Part Fin
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
None
North York Market Statistics
North York Price Trend
83 Drewry Ave is a 2-bedroom 1-bathroom home listed for sale at $2,745,000, which is $1,624,015 (144.9%) higher than the average sold price of $1,120,985 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in North York increased by $58,129 (5.5%) compared to the previous 30 day period (December 22 - January 20) and up $73,510 (7.0%) from the same time one year ago.
Inventory Change
There were 118 2-bedroom homes listed in North York over the last 30 days (January 21 - February 19), which is up 61.6% compared with the previous 30 day period (December 22 - January 20) and up 10.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in North York typically sold $34,443 (3.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $44,192 increase compared to the previous 30 day period (December 22 - January 20) and $30,021 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 2-bedroom homes in North York over the last 30 days (January 21 - February 19) stood at 50.0%, down from 50.7% over the previous 30 days (December 22 - January 20) and down from 61.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in North York stood at 21 days when successfully sold over the last 30 days (January 21 - February 19), compared to 83 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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