16301 Airport Rd

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16301 Airport Rd, Caledon
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
W3977458
MLSID
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Property Description
Location ... Location. A Great Opportunity To Live & Work On This 0.7 Acre Lot With Commercial & Residential Zoning. Presently A Used Car Dealership With Multiple Offices On Main Flr. Ample Parking. Popular Location In Caledon East Surrounded By Retail In High Traffic Route.Town Water. Lots Of Potential For Additional Rental Income. Lrg 2 Story, 3 Bdrm Home On Property With Basement - Great Fixer Up Project. Seller Does Not Warranty Retrofit Of Property.
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
145' x 220'
Fronting
East
Taxes
$6,000 (2017)
Basement
Full
Exterior
Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Other
Water
Municipal
Parking Spaces
60
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
Living2nd12.63' x 11.32', Window, Broadloom
Kitchen2nd9.35' x 12.80'Ceramic Floor, Window
Br2nd13.42' x 13.42'Broadloom, Window, Closet
Br2nd12.80' x 9.19', Window, B/I Closet
Br2nd11.78' x 12.80', Broadloom
Caledon Market Statistics
Caledon Price Trend
16301 Airport Rd is a 3-bedroom 2-bathroom home listed for sale at $799,900, which is $579,633 (42.0%) lower than the average sold price of $1,379,533 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 3 bedroom home in Caledon increased by $129,553 (10.4%) compared to the previous 30 day period (February 25 - March 25) and up $157,652 (12.9%) from the same time one year ago.
Inventory Change
There were 67 3-bedroom homes listed in Caledon over the last 30 days (March 26 - April 24), which is up 48.9% compared with the previous 30 day period (February 25 - March 25) and up 24.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Caledon typically sold ($97,483) (7.1%) below asking price over the last 30 days (March 26 - April 24), which represents a $70,968 decrease compared to the previous 30 day period (February 25 - March 25) and ($25,189) 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 Caledon over the last 30 days (March 26 - April 24) stood at 49.3%, down from 55.6% over the previous 30 days (February 25 - March 25) and up from 44.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Caledon stood at 45 days when successfully sold over the last 30 days (March 26 - April 24), compared to 53 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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