383 Melrose Ave

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383 Melrose Ave, North York
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
4 + 2
ROOMS
C4192129
MLSID
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Property Description
Attention All Builders & Investors One Of Toronto`s Most Desirable Neighborhoods Bedford Park .Build Your Dream Home .Mostly Land Value. South Facing Detached Lot 25' X 150' Deep. Steps To Avenue Road Shops, Restaurants,Parks, Pusateris, Schools & Ttc ,
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-02-11 2020-02-19 8 $999,000 $1,250,000 Sold
2018-09-10 2018-12-31 112 $1,398,000 - Expired
Extras
Fridge ,Stove, Washer ,Dryer, All Elf`s, Gb&E ,
Property Details
Property Type
Detached, Bungalow
Lot Size
25' x 150'
Fronting
South
Taxes
$4,823 (2018)
Basement
Finished
Exterior
Board/Batten, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Mutual
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain12.60' x 21.00'Open Concept, Hardwood Floor, Ceiling Fan
DiningMain21.00' x 12.60'Combined W/Living, Window, Hardwood Floor
KitchenMain6.82' x 12.17'W/O To Yard, Window, Ceramic Back Splash
MasterMain14.34' x 19.26'W/I Closet, Hardwood Floor, Picture Window
RecLower14.50' x 19.16'Ceramic Floor, Above Grade Window
BrLower9.09' x 9.09'Closet, Ceramic Floor, Above Grade Window
North York Market Statistics
North York Price Trend
383 Melrose Ave is a 1-bedroom 2-bathroom home listed for sale at $1,398,000, which is $476,286 (51.7%) higher than the average sold price of $921,714 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 1 bedroom home in North York declined by $232,602 (20.2%) compared to the previous 30 day period (February 25 - March 25) and down $233,120 (20.2%) from the same time one year ago.
Inventory Change
There were 10 1-bedroom homes listed in North York over the last 30 days (March 26 - April 24), which is up 11.1% compared with the previous 30 day period (February 25 - March 25) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom homes in North York typically sold $202,485 (22.0%) above asking price over the last 30 days (March 26 - April 24), which represents a $147,344 increase compared to the previous 30 day period (February 25 - March 25) and $79,375 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 1-bedroom homes in North York over the last 30 days (March 26 - April 24) stood at 70.0%, up from 44.4% over the previous 30 days (February 25 - March 25) and down from 90.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom home in North York stood at 7 days when successfully sold over the last 30 days (March 26 - April 24), compared to 15 days before being removed from the market upon being suspended or terminated.
Listing contracted with Harvey Kalles Real Estate Ltd., Brokerage
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