11 Luverne Ave
Clanton Park, North York, M3H 1R5
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Property Description
11 Luverne Ave presents an excellent opportunity for both homeowners and investors. With its spacious 45ft x 120.5ft lot and prime location in the Bathurst and Wilson area, it offers versatility and convenience. Prospective homeowners can build their dream residence, capitalizing on the ample space and proximity to schools, parks, and shopping centers. Meanwhile, investors can consider developing a multi-unit rental property to meet the high demand in the area, benefiting from its favorable location near transportation hubs and amenities.
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Nearby Intersections
Bathurst & Wilson (52)
Property Features
Fenced Yard, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
45' x 120'
Fronting
South
Taxes
$4,400 (2023)
Basement
Fin W/O
Exterior
Brick
Heat Type
Other
Heat Source
Other
Air Conditioning
Other
Water
Municipal
Parking Spaces
8
Driveway
None
Garage Type
Detached
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North York Market Statistics
North York Price Trend
11 Luverne Ave is a 5-bedroom 2-bathroom home listed for sale at $1,400,000, which is $1,381,008 (49.7%) 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 2-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 Rare Real Estate
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