1071 Willowdale Ave

FOR SALE
$1,499,000
1071 Willowdale Ave, North York
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
1071 Willowdale Ave
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3 + 3
BEDROOMS
3
BATHROOMS
2
KITCHENS
9
ROOMS
C11944923
MLSID
Contact Us
Property Description
Multi-Family Development Opportunity: Detached Bungalow with Potential for 4 Units + 1 Garden Suite Under New Toronto Bylaws! This detached bungalow offers an exciting multi-family development opportunity under Torontos **new municipal bylaws**. While **permits have not yet been obtained**, the property is ideally suited for a potential development of **up to 4 units plus 1 garden suite**, making it a prime choice for builders and investors looking to capitalize on Torontos evolving housing landscape. Income Potential**: Once developed, the property could generate significant rental income from multiple units, ensuring a strong return on investment.
Extras
2 Fridge, 2 Stoves, Microwave, Washer & Dryer , All Window Coverings, All light Fixtures, & A/C.
Nearby Intersections
Property Details
Property Type
Detached, Bungalow
Lot Size
50' x 115'
Fronting
East
Taxes
$6,810 (2024)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain11.55' x 16.50'Hardwood Floor
DiningMain8.04' x 12.11'Hardwood Floor, W/O To Deck
KitchenMain11.48' x 11.55'Granite Counter, Stainless Steel Appl
Prim BdrmMain9.45' x 14.04'Hardwood Floor, Closet
2nd BrMain8.50' x 10.17'Hardwood Floor, Closet
3rd BrMain8.30' x 10.17'Hardwood Floor, Closet
4th BrBsmt10.56' x 9.97'Closet
5th BrBsmt9.48' x 13.55'Closet
BrBsmt7.25' x 9.65'Closet
North York Market Statistics
North York Price Trend
1071 Willowdale Ave is a 3-bedroom 3-bathroom home listed for sale at $1,499,000, which is $306,288 (25.7%) higher than the average sold price of $1,192,712 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in North York declined by $86,213 (6.7%) compared to the previous 30 day period (November 19 - December 18) and down $60,928 (4.9%) from the same time one year ago.
Inventory Change
There were 319 3-bedroom homes listed in North York over the last 30 days (December 19 - January 17), which is down 33.8% compared with the previous 30 day period (November 19 - December 18) and up 27.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in North York typically sold ($7,431) (0.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,931 decrease compared to the previous 30 day period (November 19 - December 18) and ($28,262) 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 North York over the last 30 days (December 19 - January 17) stood at 61.8%, down from 100.8% over the previous 30 days (November 19 - December 18) and down from 83.2% 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 North York stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 76 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group-Admiral Realty Inc.
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