83 Drewry Ave
Newtonbrook West, North York, M2M 1C9
FOR SALE
$2,745,000
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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.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-19 | 2024-11-04 | 77 | $3,249,400 | - | Terminated |
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Property Details
Street
Community
City
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
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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 $1,702,861 (163.4%) higher than the average sold price of $1,042,139 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 2 bedroom home in North York declined by $111,757 (9.7%) compared to the previous 30 day period (November 18 - December 17) and up $77,074 (8.0%) from the same time one year ago.Inventory Change
There were 72 2-bedroom homes listed in North York over the last 30 days (December 18 - January 16), which is down 20.9% compared with the previous 30 day period (November 18 - December 17) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in North York typically sold ($16,217) (1.6%) below asking price over the last 30 days (December 18 - January 16), which represents a $14,365 decrease compared to the previous 30 day period (November 18 - December 17) and ($22,953) 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 (December 18 - January 16) stood at 66.7%, down from 87.9% over the previous 30 days (November 18 - December 17) and down from 119.4% 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 34 days when successfully sold over the last 30 days (December 18 - January 16), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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Call
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