1059 Briar Hill Ave

FOR SALE
$2,599,999
1059 Briar Hill Ave, North York
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
1059 Briar Hill Ave
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5 + 2
BEDROOMS
7
BATHROOMS
3 + 1
KITCHENS
14 + 4
ROOMS
W8125982
MLSID
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Property Description
Welcome To 1059 Briar Hill Avenue, An Exceptional Investment Opportunity Nestled In The Heart Of Toronto, Just West Of Forest Hill, Along The Newly Built LRT. This Multiplex Offers Unparalleled Quality, Luxurious Finishes, And Outstanding Potential For Both Rental Income And Future Expansion. This Meticulously Designed Property Was Built To Last With The Highest Standards Of Craftsmanship, Ensuring Longevity And Durability For Decades To Come. The Property Contains 4 Individual And Thoughtfully Outfitted Units, With Top Of The Line Finishes And Separate Entrances, Creating Elegant Living Spaces For Tenants. Conveniently Located In One Of Toronto's Desirable Neighbourhoods, This Property Is A Rare Find In The Toronto Market. Exceptional Quality, Lucrative Rental Potential And A Turn Key Experience For Landlords. What More Could You Ask For?
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-07-23 2020-08-27 36 $899,000 $970,000 Sold
2020-07-09 2020-07-13 4 $899,000 - Terminated
Extras
Featuring A Metal Roof And In Floor Radiant Heating, Equals Low Maintenance For Investors. Currently Occupied By AAA Tenants, This Property Ensures A Stable And Reliable Income Stream, Making It An Ideal Investment Opportunity.
Nearby Intersections
Property Features
Hospital, Place Of Worship, Public Transit, School, School Bus Route
Property Details
Property Type
Detached, 2 1/2 Storey
Lot Size
32' x 140'
Fronting
South
Taxes
$10,661 (2023)
Basement
Apartment, W/O
Exterior
Brick, Metal/Side
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
None
North York Market Statistics
North York Price Trend
1059 Briar Hill Ave is a 5-bedroom 7-bathroom home listed for sale at $2,599,999, which is $181,009 (6.5%) lower than the average sold price of $2,781,008 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 5 bedroom home in North York increased by $198,249 (7.7%) compared to the previous 30 day period (March 15 - April 13) and down $154,254 (5.3%) from the same time one year ago.
Inventory Change
There were 222 5-bedroom homes listed in North York over the last 30 days (April 14 - May 13), which is up 113.5% compared with the previous 30 day period (March 15 - April 13) and up 52.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in North York typically sold $39,350 (1.4%) above asking price over the last 30 days (April 14 - May 13), which represents a $41,775 increase compared to the previous 30 day period (March 15 - April 13) and $49,535 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 North York over the last 30 days (April 14 - May 13) stood at 28.4%, down from 51.9% over the previous 30 days (March 15 - April 13) and down from 51.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 7-bathroom home in North York stood at 15 days when successfully sold over the last 30 days (April 14 - May 13), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Psr
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