16025 Airport Rd

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16025 Airport Rd, Caledon
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
W3956661
MLSID
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Property Description
Outstanding Opportunity For Commercial Development. This Lot Is Waiting To Be Developed. Present Building Is Ready To Be Demolished, All Disconnects Have Been Completed. Fantastic In Town Location With 41 Ft Frontage On Airport Rd In The Heart Of Downtown Caledon East. Zoning Is Village Commercial Allowing For Many Uses.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-01-29 2020-05-23 114 $425,000 $395,000 Sold
2019-08-01 2019-11-30 121 $449,000 - Expired
2018-02-06 2019-03-01 388 $425,000 - Terminated
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
41' x 95'
Acreage
< .50
Lot Irregularities
As Per Mpac
Fronting
East
Taxes
$2,431 (2017)
Basement
None
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Caledon Market Statistics
Caledon Price Trend
16025 Airport Rd is a 4-bedroom 2-bathroom home listed for sale at $599,000, which is $814,729 (57.6%) lower than the average sold price of $1,413,729 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 4 bedroom home in Caledon declined by $105,680 (7.0%) compared to the previous 30 day period (January 28 - February 26) and up $49,940 (3.7%) from the same time one year ago.
Inventory Change
There were 91 4-bedroom homes listed in Caledon over the last 30 days (February 27 - March 27), which is up 54.2% compared with the previous 30 day period (January 28 - February 26) and up 75.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Caledon typically sold ($37,766) (2.7%) below asking price over the last 30 days (February 27 - March 27), which represents a $28,197 increase compared to the previous 30 day period (January 28 - February 26) and ($36,010) 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 4-bedroom homes in Caledon over the last 30 days (February 27 - March 27) stood at 33.0%, down from 37.3% over the previous 30 days (January 28 - February 26) and down from 73.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Caledon stood at 29 days when successfully sold over the last 30 days (February 27 - March 27), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Specialists Inc., Brokerage
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