1200 Avenue Rd
Lawrence Park South, North York, M5N 2G1
FOR SALE
$4,495,000
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7 + 3
BEDROOMS9
BATHROOMS3 + 1
KITCHENS19 + 8
ROOMSC8313944
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Property Description
Attention Builders, Investors, and Visionaries! Uncover an unparalleled opportunity for redevelopment at one of Toronto's most coveted intersections: Avenue Rd and Eglinton. This extraordinary package combines four lots, creating an expansive corner oasis spanning approximately 150' x 150' in Lawrence Park South, renowned for its top-ranking public and private schools, attractive community, and convenient public transportation. Nestled steps away from parks, premier schools, upscale shops, and the new Eglinton Line LRT, this location offers the pinnacle of urban living. With a total land area of approximately 19,000 square feet, equivalent to almost half an acre, the potential is vast. Explore the flexibility of the city's new rules and bylaws, and unlock the opportunity to craft a Multiple luxurious 3-storey townhomes, Stacked towns or even a low-rise condo. Don't miss out on shaping the future of this exceptional locale with stable rental income and great potential for future development. Property is well maintained with legal permits, ensuring your vision for this prime real estate can reach new heights.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-09 | 2023-11-28 | 19 | $2,400 | $2,500 | Leased |
Extras
Main Fl 3Bed+1Bath+1 Kitchen. 2Fl 3 Bed + 1 Bath + 1 Kitchen. 3rdFl 2 Bed + Kitchen 2 Baths. Lower Fl 2 Bed + 2 Bath + 1 Kitchen. Lower Level with Coin Laundry Room. 2 Storage In Basement Common Area. 2 indoor and 6 Surface Parking Spaces.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Multiplex, 3-Storey
Lot Size
60' x 88'
Fronting
West
Taxes
$12,525 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
9
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 18.50' x 13.32' | Fireplace, Bay Window, Hardwood Floor |
| Dining | Ground | 12.60' x 13.32' | Hardwood Floor |
| Kitchen | Ground | 12.60' x 13.32' | Eat-In Kitchen, B/I Dishwasher, B/I Oven |
| Prim Bdrm | Ground | 12.93' x 13.98' | B/I Closet, 3 Pc Ensuite |
| Br | Ground | 10.01' x 12.60' | |
| Br | Ground | 10.33' x 12.60' |
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North York Market Statistics
North York Price Trend
1200 Avenue Rd is a 7-bedroom 9-bathroom home listed for sale at $4,495,000, which is $2,356,519 (110.2%) higher than the average sold price of $2,138,481 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 7 bedroom home in North York declined by $324,019 (13.2%) compared to the previous 30 day period (March 15 - April 13) and down $4,090,719 (65.7%) from the same time one year ago.Inventory Change
There were 17 7-bedroom homes listed in North York over the last 30 days (April 14 - May 13), which is up 240.0% compared with the previous 30 day period (March 15 - April 13) and up 41.7% compared with the same period last year.Sold Price Above/Below Asking ($)
7-bedroom homes in North York typically sold ($86,519) (4.0%) below asking price over the last 30 days (April 14 - May 13), which represents a $79,481 increase compared to the previous 30 day period (March 15 - April 13) and ($279,599) 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 7-bedroom homes in North York over the last 30 days (April 14 - May 13) stood at 17.6%, down from 80.0% over the previous 30 days (March 15 - April 13) and down from 41.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 7-bedroom 9-bathroom home in North York stood at 11 days when successfully sold over the last 30 days (April 14 - May 13), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Real Estate Ltd.
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