55 Old Forest Hill Rd

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55 Old Forest Hill Rd, Toronto
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6 + 1
BEDROOMS
10
BATHROOMS
3
KITCHENS
12 + 3
ROOMS
C3813920
MLSID
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Property Description
Country Estate Living In The Middle Of Forest Hill! Impressive Location And Lot Size! This Classic Forest Hill Home Can Become Your Dream Home. The Old House Has Been Completely Gutted, Including Removal Of All Old Wiring And Asbestos And Is Ready For The New Owner To Take This Resplendent Blank Canvas And Make It Their Own. Architectural Plans For A 10,500 Sq Ft Home, Including Walk Out Lower Level.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-08-10 2021-01-12 156 $13,999,000 $13,300,000 Sold
Extras
Approval Has Been Given For 400 Amp Service. Lower Level Has Been Dug Out And Underpinned Providing Approx. 10 Ft Ceilings Throughout Most Of The Home.
Property Details
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
5000+
Lot Size
140' x 141'
Lot Irregularities
Irregular ~ See Attached Survey
Fronting
East
Taxes
$39,001 (2017)
Basement
Fin W/O
Exterior
Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Elevator
Yes
Parking Spaces
7
Driveway
Circular
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
Great RmGround14.80' x 28.12'Hardwood Floor, Fireplace, Halogen Lighting
DiningGround19.13' x 16.21'Hardwood Floor, Bay Window, Halogen Lighting
FamilyGround19.82' x 21.62'Hardwood Floor, W/O To Garden, Halogen Lighting
LibraryGround14.44' x 10.10'Hardwood Floor, B/I Bookcase, Panelled
KitchenGround26.71' x 19.36'Centre Island, Bay Window, Eat-In Kitchen
Master2nd23.62' x 16.08'7 Pc Ensuite, W/O To Terrace, French Doors
2nd Br2nd10.83' x 11.15'4 Pc Ensuite, Double Doors, Halogen Lighting
3rd Br2nd15.09' x 10.17'4 Pc Ensuite, W/I Closet, Halogen Lighting
4th Br2nd13.12' x 14.11'4 Pc Ensuite, W/I Closet, Halogen Lighting
5th Br3rd22.64' x 14.11'3 Pc Ensuite, W/I Closet, Vaulted Ceiling
Br3rd14.27' x 16.77'3 Pc Ensuite, Double Closet, Halogen Lighting
ExerciseLower12.80' x 17.06'French Doors, W/O To Patio, Halogen Lighting
Toronto Market Statistics
Toronto Price Trend
55 Old Forest Hill Rd is a 6-bedroom 10-bathroom home listed for sale at $9,999,000, which is $7,182,851 (255.1%) higher than the average sold price of $2,816,149 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 6 bedroom home in Toronto increased by $339,761 (13.7%) compared to the previous 30 day period (February 19 - March 19) and up $542,255 (23.8%) from the same time one year ago.
Inventory Change
There were 17 6-bedroom homes listed in Toronto over the last 30 days (March 20 - April 18), which is down 46.9% compared with the previous 30 day period (February 19 - March 19) and down 22.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
6-bedroom homes in Toronto typically sold $321,000 (11.4%) above asking price over the last 30 days (March 20 - April 18), which represents a $491,211 increase compared to the previous 30 day period (February 19 - March 19) and ($53,871) 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 6-bedroom homes in Toronto over the last 30 days (March 20 - April 18) stood at 70.6%, up from 31.2% over the previous 30 days (February 19 - March 19) and up from 40.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 10-bathroom home in Toronto stood at 28 days when successfully sold over the last 30 days (March 20 - April 18), compared to 75 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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