58 Eighth St
New Toronto, Etobicoke, M8V 3C3
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Property Description
Build By The Lake! Excellent Lot For Builders And Contractors Or Renovate To Suit Your Needs. Trendy, Family Friendly Area. Sought After School District. Walking Distance To Lake, Parks, Restaurants, Shopping, Go Train And Transit.
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Extras
Property Being Sold "As Is, Where Is." Buyer Must Accept Property "As Is." The Buyer To Verify Taxes, Measurements, Lot Size, Rental Equipment And Fees.
Property Features
Lake Access, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
38' x 125'
Acreage
< .50
Fronting
West
Taxes
$3,674 (2016)
Basement
Other
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Etobicoke Market Statistics
Etobicoke Price Trend
58 Eighth St is a 3-bedroom 3-bathroom home listed for sale at $849,000, which is $502,120 (37.2%) lower than the average sold price of $1,351,120 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 3 bedroom home in Etobicoke increased by $39,071 (3.0%) compared to the previous 30 day period (January 28 - February 26) and up $9,550 (0.7%) from the same time one year ago.Inventory Change
There were 836 3-bedroom homes listed in Etobicoke over the last 30 days (February 27 - March 27), which is up 35.7% compared with the previous 30 day period (January 28 - February 26) and up 28.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Etobicoke typically sold $79,406 (5.9%) above asking price over the last 30 days (February 27 - March 27), which represents a $34,705 increase compared to the previous 30 day period (January 28 - February 26) and $44,425 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 Etobicoke over the last 30 days (February 27 - March 27) stood at 70.0%, down from 70.9% over the previous 30 days (January 28 - February 26) and down from 75.0% 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 Etobicoke stood at 13 days when successfully sold over the last 30 days (February 27 - March 27), compared to 42 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Professionals Inc., Brokerage
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