71 Sixteenth St

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71 Sixteenth St, Etobicoke
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
W3709998
MLSID
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Property Description
Well Maintained Detached Freehold Home On A Lot Zoned For A Triplex All For The Price Of A Small Condo. Buy Your First Home And Make A Great Investment While You're At It! Move In As Is, Rent Out, Renovate, Or Build. Excellent Main Floor Layout W/ Open Concept Kitchen, Large Dining, Quiet Living, Separate Foyer/Solarium, Guest Suite, & W/O To Deck + Parking. Parking For 2. Steps To Transit. Short Walk To Humber College, Lake Ontario, & Trendy Lake Shore Blvd.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-11-13 2024-01-31 79 $5,800 - Expired
2023-08-19 2023-09-25 37 $1,890,000 - Terminated
2022-01-17 2022-01-22 5 $4,000 $4,060 Leased
Extras
Fridge, Stove, Washer, Dryer, All Window Coverings, All Light Fixtures, 2 Ikea Wardrobes (Front Room), Garden Shed, Deck Storage Box.
Property Features
Lake/Pond, Library, Park, Public Transit, School
Property Details
Community
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
700-1100
Lot Size
25' x 89'
Fronting
East
Taxes
$2,250 (2016)
Basement
Part Fin
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Mutual
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain9.74' x 10.66'Laminate, Crown Moulding
DiningMain9.38' x 11.55'Laminate, Crown Moulding, Window
KitchenMain7.74' x 14.67'Parquet Floor, Open Concept, W/O To Deck
SolariumMain5.48' x 15.42'Broadloom, Window, West View
Master2nd7.78' x 11.55'Vinyl Floor, Window, West View
2nd Br2nd8.60' x 9.51'Vinyl Floor, Window, East View
3rd BrMain6.27' x 8.73'Broadloom, Window, 2 Pc Bath
Etobicoke Market Statistics
Etobicoke Price Trend
71 Sixteenth St is a 3-bedroom 2-bathroom home listed for sale at $475,000, which is $899,000 (65.4%) lower than the average sold price of $1,374,000 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 3 bedroom home in Etobicoke increased by $30,657 (2.3%) compared to the previous 30 day period (February 25 - March 25) and down $6,507 (0.5%) from the same time one year ago.
Inventory Change
There were 970 3-bedroom homes listed in Etobicoke over the last 30 days (March 26 - April 24), which is up 21.1% compared with the previous 30 day period (February 25 - March 25) and up 30.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Etobicoke typically sold $81,370 (5.9%) above asking price over the last 30 days (March 26 - April 24), which represents a $13,128 increase compared to the previous 30 day period (February 25 - March 25) and $70,866 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 (March 26 - April 24) stood at 68.1%, up from 68.0% over the previous 30 days (February 25 - March 25) 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 2-bathroom home in Etobicoke stood at 12 days when successfully sold over the last 30 days (March 26 - April 24), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with One Percent Realty Ltd., Brokerage
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