27 Fairbank Ave

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27 Fairbank Ave, Toronto
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2 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
11
ROOMS
W3369104
MLSID
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Property Description
Lovely 2+2 Bungalow In High Demand Area! This Home Has A Formal Dining Room+Living Room With Parquet Floors + 6" Baseboards. Separate Entrance To A 2 Bedroom In-Law Suite. Single Detached Garage+2 Parking Spots.Fully Fenced Backyard With Fruit Trees. Great Opportunity For First Time Buyers Or Investor. Close To All Amenities,Walk To Transit&Future Eglinton Lrt. Schools, Shopping, Etc.Freshly Painted With Neutral Colours.
Extras
2 Fridges, 2 Stoves, Washer, Dryer, All Elfs + Blinds. Roof-2014. Seller/Agent Do Not Warrant Retrofit Status Of Basement. Vacant Easy To Show. Measurements Are Approximate, Buyer/Buyer's Agent To Verify.
Property Details
Property Type
Detached, Bungalow
Lot Size
23' x 100'
Lot Irregularities
Asin Cy468920;Tor*(York),City Of Toronto
Fronting
East
Taxes
$2,554 (2015)
Basement
Finished, Sep Entrance
Exterior
Stucco/Plaster
Heat Type
Water
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain13.12' x 13.71'Parquet Floor, Bay Window, Stained Glass
DiningMain9.74' x 10.66'Parquet Floor, Window, French Doors
KitchenMain8.63' x 11.15'Ceramic Floor, Window, Eat-In Kitchen
BrMain8.53' x 13.06'Parquet Floor, Window
BrMain9.65' x 10.30'Parquet Floor, Window, Closet
LivingBsmt9.81' x 12.73'Broadloom, Window
KitchenBsmt8.33' x 12.80'Ceramic Floor, Window, Renovated
BrBsmt8.76' x 13.19'Linoleum, Window, Closet
BrBsmt8.07' x 9.61'Linoleum, Window, Closet
Toronto Market Statistics
Toronto Price Trend
27 Fairbank Ave is a 2-bedroom 2-bathroom home listed for sale at $539,900, which is $618,452 (53.4%) lower than the average sold price of $1,158,352 in the last 30 days (February 28 - March 28). During the last 30 days the average sold price for a 2 bedroom home in Toronto increased by $66,348 (6.1%) compared to the previous 30 day period (January 29 - February 27) and up $34,441 (3.1%) from the same time one year ago.
Inventory Change
There were 155 2-bedroom homes listed in Toronto over the last 30 days (February 28 - March 28), which is up 13.1% compared with the previous 30 day period (January 29 - February 27) and up 7.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold $73,614 (6.4%) above asking price over the last 30 days (February 28 - March 28), which represents a $18,262 increase compared to the previous 30 day period (January 29 - February 27) and $48,264 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 2-bedroom homes in Toronto over the last 30 days (February 28 - March 28) stood at 67.7%, up from 57.7% over the previous 30 days (January 29 - February 27) and down from 76.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Toronto stood at 10 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 Re/Max Realty Specialists Inc., Brokerage
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FOR SALE
Great potential. Calling all contractors & builders! This detached bungalow needs your love & attention. An opportunity to restore this home back into its former beauty. Renovate & live, or renovate & generate excellent rental income! The choice is yours. Private drive parking, convenient location. Agent/Buyer to verify all measurements & taxes.
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