48 Summerhill Gdns

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48 Summerhill Gdns, Toronto
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5
BEDROOMS
2
BATHROOMS
2
KITCHENS
12
ROOMS
C3811143
MLSID
Contact Us
Property Description
Exceptional Opportunity W/T Many Options. Renovate 2 Huge Existing Legal Duplexes (#46 Aprx 4,456 Sq Ft (3726+1180). #48 Aprx 3,900 (2925+975).Ground Level Walk Out From Bsmnt Onto Decks & Ravine. Or Convert To 2 Grand Single Family Homes In The Prime Of Toronto`s Most Vibrant Yet Secluded Areas. Or Build 3 New Homes On 59' Frontage. Spectacular Ravine Setting Of Balfour Park. Muskoka In The City. Mil $$$ Views With No Maintenance.
Extras
Must Be Sold Together With #46. Severance Upon Application To Coa. 3 Separate Meters, 1X3 And 1X 2Bdrm Apartments No Leases.24 Hrs Notice Offers Are Reviewed Tuesday May 30th By 3 Pm By Email. Allow 24 Hrs Irrevocable, Seller Overseas
Property Features
Grnbelt/Conserv, Ravine
Property Details
Property Type
Semi-Detached, 3-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
29' x 103'
Fronting
East
Taxes
$9,136 (2016)
Basement
Fin W/O
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Driveway
None
Garage Type
None
Toronto Market Statistics
Toronto Price Trend
48 Summerhill Gdns is a 5-bedroom 2-bathroom home listed for sale at $2,400,000, which is $173,239 (6.7%) lower than the average sold price of $2,573,239 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 5 bedroom home in Toronto increased by $148,007 (6.1%) compared to the previous 30 day period (February 25 - March 25) and down $376,693 (12.8%) from the same time one year ago.
Inventory Change
There were 127 5-bedroom homes listed in Toronto over the last 30 days (March 26 - April 24), which is up 12.4% compared with the previous 30 day period (February 25 - March 25) and up 18.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold ($45,606) (1.8%) below asking price over the last 30 days (March 26 - April 24), which represents a $10,919 decrease compared to the previous 30 day period (February 25 - March 25) and ($12,819) 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 5-bedroom homes in Toronto over the last 30 days (March 26 - April 24) stood at 48.8%, down from 49.6% over the previous 30 days (February 25 - March 25) and down from 57.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 2-bathroom home in Toronto stood at 15 days when successfully sold over the last 30 days (March 26 - April 24), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Real Estate Homeward, Brokerage
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