89 Portage Ave

FOR SALE
$2,499,999
89 Portage Ave, North York
89 Portage Ave
89 Portage Ave
89 Portage Ave
89 Portage Ave
89 Portage Ave
89 Portage Ave
89 Portage Ave
89 Portage Ave
89 Portage Ave
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89 Portage Ave
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89 Portage Ave
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89 Portage Ave
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3 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
W11964066
MLSID
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Property Description
SUNDAY FEB 16 OPEN HOUSE CANCELED DUE TO WEATHER!! *** Attention Builders and Investors! This massive 86x125 pie-shaped lot that widens to 105 in the back, offers a prime opportunity for development. The lot features an inground pool, beautiful custom deck and green space for the ultimate backyard entertainment experience. Sever the lot and build 2 custom homes over 3,600 sq ft each or build up to 6 units to maximize rental income, or renovate the house for a quick return. This property provides flexibility for various investment strategies. Located in a highly sought-after neighborhood surrounded by multimillion-dollar custom homes, this is the perfect spot to create something exceptional. The house is conveniently located close to Highways 401 and 400, making for easy access to the city, a short distance to Humber River Hospital, grocery stores, banks, schools, parks and just 12 minutes from Pearson International Airport. Seize this chance to invest in one of North York's most desirable areas!
Nearby Intersections
Property Details
Property Type
Detached, Sidesplit 4
Lot Size
86' x 125'
Lot Irregularities
86.25x125x105x56x72
Fronting
South
Taxes
$8,212 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Available
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenGround15.06' x 16.31'Vinyl Floor, Window, W/O To Patio
Great RmGround14.86' x 28.51'Broadloom, Fireplace, Window
DiningGround9.28' x 10.37'Marble Floor, Window, Crown Moulding
FamilyLower9.84' x 23.26'Ceramic Floor, W/O To Patio, Window
Prim BdrmUpper24.87' x 13.88'Broadloom, Window, 2 Pc Ensuite
2nd BrUpper11.38' x 15.29'Ensuite Bath, Broadloom, Large Closet
3rd BrUpper10.70' x 11.75'Broadloom, Window, Closet
BathroomGround6.99' x 11.32'
KitchenLower8.79' x 8.79'Double Sink, Window, Pot Lights
RecLower14.76' x 27.79'Walk-Up, Large Window, Fireplace
North York Market Statistics
North York Price Trend
89 Portage Ave is a 3-bedroom 4-bathroom home listed for sale at $2,499,999, which is $1,205,733 (93.2%) higher than the average sold price of $1,294,266 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 3 bedroom home in North York increased by $111,403 (9.4%) compared to the previous 30 day period (December 20 - January 18) and down $5,944 (0.5%) from the same time one year ago.
Inventory Change
There were 684 3-bedroom homes listed in North York over the last 30 days (January 19 - February 17), which is up 111.1% compared with the previous 30 day period (December 20 - January 18) and up 26.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in North York typically sold $27,175 (2.1%) above asking price over the last 30 days (January 19 - February 17), which represents a $38,493 increase compared to the previous 30 day period (December 20 - January 18) and $31,158 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 19 - February 17) stood at 54.4%, down from 56.5% over the previous 30 days (December 20 - January 18) and down from 77.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in North York stood at 21 days when successfully sold over the last 30 days (January 19 - February 17), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Associates Realty
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