51 Formosa Ave

Central East, Ajax, L1Z 0N1
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51 Formosa Ave, Ajax
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
8
ROOMS
E3942871
MLSID
Contact Us
Property Description
Gorgeous Detached "Wheatley" Model Built By Sundial Homes In Conveniently Located Mulberry Meadows Neighbourhood. Open Concept Design W/ Hardwood Floors & Stairs Throughout Main, Modern Kitchen W/ Granite Counters, Custom Backsplash & Pendant Lighting. Large Master Suite Has Double Closets, 5Pc Ensuite W/ Soaker Tub. Upper Level Laundry. Close To Parks, Schools, Hwy 412/401.
Extras
S/S Fridge, S/S Stove, S/S B/I Dishwasher, New Samsung Washer & Dryer (Both W/ 1 Year Warranty), Elfs, Blinds, 2 Gdo Remotes, Hwt (Rental), Greenlife Water Filtration System (Rental), Furnace (Owned) *Exclude: Drapes & Rods
Property Features
Fenced Yard, Park, School
Property Details
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
30' x 85'
Fronting
South
Taxes
$4,988 (2016)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain14.01' x 16.01'Hardwood Floor, Open Concept, W/O To Yard
DiningMain11.52' x 12.01'Hardwood Floor, Open Concept, Large Window
KitchenMain8.01' x 12.99'Ceramic Floor, Centre Island, Granite Counter
FamilyMain8.01' x 11.52'Hardwood Floor, Pass Through, Large Window
Master2nd12.66' x 14.99'Broadloom, W/I Closet, 4 Pc Ensuite
2nd Br2nd10.01' x 10.50'Broadloom, Large Closet, Large Window
3rd Br2nd11.52' x 11.65'Broadloom, Large Closet, Cathedral Ceiling
4th Br2nd10.33' x 14.01'Broadloom, Large Closet, Semi Ensuite
Ajax Market Statistics
Ajax Price Trend
51 Formosa Ave is a 4-bedroom 3-bathroom home listed for sale at $750,000, which is $465,057 (38.3%) lower than the average sold price of $1,215,057 in the last 30 days (February 28 - March 28). During the last 30 days the average sold price for a 4 bedroom home in Ajax increased by $23,650 (2.0%) compared to the previous 30 day period (January 29 - February 27) and up $9,932 (0.8%) from the same time one year ago.
Inventory Change
There were 50 4-bedroom homes listed in Ajax over the last 30 days (February 28 - March 28), which is up 38.9% compared with the previous 30 day period (January 29 - February 27) and down 12.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Ajax typically sold $47,005 (3.9%) above asking price over the last 30 days (February 28 - March 28), which represents a $5,738 increase compared to the previous 30 day period (January 29 - February 27) and $13,775 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 28 - March 28) stood at 70.0%, down from 75.0% over the previous 30 days (January 29 - February 27) and down from 70.2% 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 11 days when successfully sold over the last 30 days (February 28 - March 28), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Fraser Group Realty, Brokerage
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