116 Ellins Ave

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116 Ellins Ave, Toronto
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2 + 2
BEDROOMS
2
BATHROOMS
1
KITCHENS
4 + 2
ROOMS
W5824080
MLSID
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Property Description
Attention Builders/Contractors/Investors!! 40 X 120 Lot With Endless Potential. Private Drive With Detached Garage. Located In An Area With Tons Of Development And Bungalows Being Topped. Probate Has Not Yet Cleared So Closing Will Depend On When That Goes Through. Amazing Family Friendly Neighbourhood Close To Schools, Ttc, Smythe Park And Outdoor Pool, Lambton Golf And Country Club, Shopping And Just A Stones Throw From The Junction Triangle.
Extras
Include: All Existing Appliances And Mechanics Being Sold In "As Is, Where Is" Condition. Hwt Rental. Contract Has Been Requested From Enercare.
Nearby Intersections
Property Features
Fenced Yard, Golf, Park, Public Transit, School
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
40' x 120'
Fronting
North
Taxes
$3,684 (2022)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
3
Driveway
Private
Garage Type
Detached
Toronto Market Statistics
Toronto Price Trend
116 Ellins Ave is a 2-bedroom 2-bathroom home listed for sale at $885,000, which is $242,595 (21.5%) lower than the average sold price of $1,127,595 in the last 30 days (May 31 - June 29). During the last 30 days the average sold price for a 2 bedroom home in Toronto declined by $76,512 (6.4%) compared to the previous 30 day period (May 1 - May 30) and down $69,574 (5.8%) from the same time one year ago.
Inventory Change
There were 238 2-bedroom homes listed in Toronto over the last 30 days (May 31 - June 29), which is down 0.0% compared with the previous 30 day period (May 1 - May 30) and up 17.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold $39,480 (3.5%) above asking price over the last 30 days (May 31 - June 29), which represents a $31,386 decrease compared to the previous 30 day period (May 1 - May 30) and $77,497 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 2-bedroom homes in Toronto over the last 30 days (May 31 - June 29) stood at 53.4%, down from 55.9% over the previous 30 days (May 1 - May 30) and down from 98.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Toronto stood at 14 days when successfully sold over the last 30 days (May 31 - June 29), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Ultimate Realty Inc., Brokerage
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