2548 Salem Rd

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2548 Salem Rd, Ajax
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4
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
8 + 1
ROOMS
E4040787
MLSID
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Property Description
Attention Investors, Developers. Here Is Your Opportunity To Own 100 Acres Of Spectacular Land Right On Salem Rd With A 2nd Entrance Off Concession 5. Property Includes Modernized, Rebuilt 2700 Sq Ft Home Plus Another 10,000+Sq Ft Of Out Buildings/Barn. Property Is Lined With Trees. See List Of Uses. Easy Access To Hwy 401/407. Potential To Sever Land Into 49 And 51 Acre Pardels.
Extras
Include All Appliances, Window Coverings, Light Fixtures.
Property Features
Bush, Fenced Yard, Grnbelt/Conserv, Level, Ravine, Treed
Property Details
Street
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
760' x 3,318'
Acreage
100+
Lot Irregularities
1319 X 3060 Ft
Fronting
West
Taxes
$4,500 (2017)
Basement
Finished, None
Exterior
Brick, Other
Heat Type
Other
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
20
Driveway
Private
Garage Type
Attached
Ajax Market Statistics
Ajax Price Trend
2548 Salem Rd is a 4-bedroom 3-bathroom home listed for sale at $6,999,900, which is $5,762,067 (465.5%) higher than the average sold price of $1,237,833 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 4 bedroom home in Ajax increased by $34,873 (2.9%) compared to the previous 30 day period (January 28 - February 26) and up $22,577 (1.9%) from the same time one year ago.
Inventory Change
There were 51 4-bedroom homes listed in Ajax over the last 30 days (February 27 - March 27), which is up 54.5% compared with the previous 30 day period (January 28 - February 26) and down 3.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Ajax typically sold $35,983 (2.9%) above asking price over the last 30 days (February 27 - March 27), which represents a $20,902 decrease compared to the previous 30 day period (January 28 - February 26) and $8,129 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 4-bedroom homes in Ajax over the last 30 days (February 27 - March 27) stood at 70.6%, down from 75.8% over the previous 30 days (January 28 - February 26) and down from 73.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Ajax stood at 10 days when successfully sold over the last 30 days (February 27 - March 27), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Real Estate Associates, Brokerage
Similar Listings
560 Taunton Rd W, Ajax
4
BEDS
2
BATHS
$6,499,900
FOR SALE
Attention investors, business owners, and developers! This prime piece of land spans over 20 acres and is situated at the northeast corner of Taunton and Church, a high-growth area. Seconds away from all amenities and downtown Ajax, as well as easy access to the 407 and 401 highways, this property boasts amazing traffic flow. Currently operating as a golf range with 70 stations and 4 training holes, the property offers great potential purchaser to verify their own uses. The range includes bungalow, pro shop, commercial parking available, along with 2 drilled wells and 2 septic. The bungalow features a formal family room with broadloom and French doors, a separate dining room with a walk-out to the deck, and a kitchen with tile flooring and backsplash. The main level includes 3 bedrooms, while the loft serves as a 4th bedroom with broadloom floors, a 2-piece bath, window, and closet
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