12 Island Dr

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12 Island Dr, Georgina
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
N4449897
MLSID
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Property Description
Spectacular Sunsets By The Lake/Morning Coffee On The Deck. This 4 Season Cottage Is Nestled In The Most Highly Regarded Lakeside Living Communities Of Georgina. Fully Renovated Featuring An Open Concept Kitchen, Perfect For Entertaining Boardwalk Decking Along The Whole Frontage Of The Property, Wet Boathouse Situated In The Lagoon And Close To All Amenities, Popular Restaurants, Get The Best Of Both Worlds Less Than 1 Hr Drive From Toronto.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2017-11-16 2018-03-09 113 $549,800 - Expired
2020-02-12 2020-05-24 102 $499,900 - Terminated
2020-05-25 2020-06-19 25 $489,000 $432,500 Sold
2019-09-18 2019-12-23 96 $524,999 - Terminated
Property Details
Street
Property Type
Detached, Bungalow
Lot Size
58' x 102'
Fronting
East
Taxes
$4,424 (2018)
Basement
Crawl Space
Exterior
Alum Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Georgina Market Statistics
Georgina Price Trend
12 Island Dr is a 2-bedroom 1-bathroom home listed for sale at $550,000, which is $181,807 (24.8%) lower than the average sold price of $731,807 in the last 30 days (February 28 - March 28). During the last 30 days the average sold price for a 2 bedroom home in Georgina declined by $33,109 (4.3%) compared to the previous 30 day period (January 29 - February 27) and down $86,693 (10.6%) from the same time one year ago.
Inventory Change
There were 25 2-bedroom homes listed in Georgina over the last 30 days (February 28 - March 28), which is up 56.2% compared with the previous 30 day period (January 29 - February 27) and up 108.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Georgina typically sold $6,828 (0.9%) above asking price over the last 30 days (February 28 - March 28), which represents a $20,069 increase compared to the previous 30 day period (January 29 - February 27) and $11,775 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 2-bedroom homes in Georgina over the last 30 days (February 28 - March 28) stood at 56.0%, down from 75.0% over the previous 30 days (January 29 - February 27) and up from 33.3% 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 Georgina stood at 15 days when successfully sold over the last 30 days (February 28 - March 28), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Silvercity Realty Inc., Brokerage
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