40 Terrace Ave
Willowdale West, North York, M2R 1E9
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Property Description
R-A-R-E Opportunity To Build Three Detached Custom Homes.One Of The Best Deals In North York Area.Bright Bungalow On Large 58X126 Ft Lot. Finished Basement With 2 Bedrooms. Must Be Purchased With 42 Terrace Ave - Proposed Two Lots Into Three Homes (Each 36 ' By 126' 3000 Sq Ft W/2 Car Garage) Close To Everything: Schools, Ttc, Shopping, Community Center And Others.Many New Homes On Street And Around.
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Extras
All Exist Appl.,All Electr Fxtrs.As Is Condition. No Warranties.Please Do Not Walk The Property Without An Appointment.
Property Features
Park
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
58' x 127'
Fronting
North
Taxes
$5,263 (2017)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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North York Market Statistics
North York Price Trend
40 Terrace Ave is a 3-bedroom 3-bathroom home listed for sale at $2,498,000, which is $1,139,540 (83.9%) higher than the average sold price of $1,358,460 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 3 bedroom home in North York increased by $35,128 (2.7%) compared to the previous 30 day period (February 19 - March 19) and down $27,803 (2.0%) from the same time one year ago.Inventory Change
There were 958 3-bedroom homes listed in North York over the last 30 days (March 20 - April 18), which is up 18.3% compared with the previous 30 day period (February 19 - March 19) and up 32.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in North York typically sold $84,921 (6.3%) above asking price over the last 30 days (March 20 - April 18), which represents a $15,533 increase compared to the previous 30 day period (February 19 - March 19) and $63,774 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 3-bedroom homes in North York over the last 30 days (March 20 - April 18) stood at 70.1%, up from 65.4% over the previous 30 days (February 19 - March 19) and down from 73.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in North York stood at 12 days when successfully sold over the last 30 days (March 20 - April 18), compared to 37 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Admiral Realty Inc., Brokerage
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