16 Cordova Ave
Islington-City Centre West, Etobicoke, M9A 2H5
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Property Description
Land Value Only. No Pre-Set Asking Price. To Be Sold Together With 18 Cordova Avenue And 20 Cordova Avenue For A Total Of 123.87' X 173' Lot (.49 Acres). Great Redevelopment Potential. Subject Lands Fall Within The Mixed Use Areas Designation Of The Official Plan. Offers Reviewed 9/25/17. Information Package Available.
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Extras
Existing (Partial) Survey Available. *** Full Legal Description: Pt Lt 8, Con A Clergy Block , As In Eb106923 Except Eb320887 ; S/T Eb56521 Etobicoke , City Of Toronto
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
50' x 173'
Fronting
South
Taxes
$5,149 (2017)
Basement
Other
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Detached
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Etobicoke Market Statistics
Etobicoke Price Trend
16 Cordova Ave is a 0-bedroom 0-bathroom home listed for sale at $1, which is $1,323,749 (100.0%) lower than the average sold price of $1,323,750 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 0 bedroom home in Etobicoke increased by $243,075 (22.5%) compared to the previous 30 day period (February 26 - March 26) and down $226,250 (14.6%) from the same time one year ago.Inventory Change
There were 4 0-bedroom homes listed in Etobicoke over the last 30 days (March 27 - April 25), which is down 42.9% compared with the previous 30 day period (February 26 - March 26) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom homes in Etobicoke typically sold ($64,500) (4.9%) below asking price over the last 30 days (March 27 - April 25), which represents a $207,950 decrease compared to the previous 30 day period (February 26 - March 26) and ($225,000) 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 0-bedroom homes in Etobicoke over the last 30 days (March 27 - April 25) stood at 100.0%, up from 57.1% over the previous 30 days (February 26 - March 26) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 0-bathroom home in Etobicoke stood at 67 days when successfully sold over the last 30 days (March 27 - April 25), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Weiss Realty Ltd., Brokerage
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