2 Gray Ave

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2 Gray Ave, Toronto
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
7 + 1
ROOMS
W11954971
MLSID
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Property Description
Welcome to 2 Gray Ave, a fantastic opportunity for first-time homebuyers or savvy investors! This spacious end-unit, freehold townhouse offers no POTL fees and sits on a large lot with an expansive backyard and garden, perfect for relaxing or entertaining. With 2 bright bedrooms and large main floor office that can double as a 3rd sleep space, large finished basement and 2 full 4-piece bathrooms, there's plenty of room for family or guests. The property also includes a rare 4-car driveway for added convenience. Ideally located just steps from public transit (TTC), schools, shops, and dining options, you'll be within walking distance of Roselands Public School, Our Lady of Victory Catholic School, and outdoor amenities like Scarlett Woods Golf Course, Topham Pond, Smythe Park, and the Humber River. Whether you're looking to move in or develop, this home offers incredible potential!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-10-13 2023-10-24 11 $599,999 - Terminated
Extras
*Listing contains virtually staged photos.*
Nearby Intersections
Property Features
Golf, Lake/Pond, Park, Public Transit, Rec Centre, School
Property Details
Street
Property Type
Att/Row/Townhouse, 2-Storey
Lot Size
24' x 100'
Lot Irregularities
Shortens At The Back - 17.87 Ft
Fronting
West
Taxes
$3,041 (2024)
Basement
Finished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain10.27' x 10.70'Hardwood Floor, O/Looks Frontyard, Wood Trim
DiningMain15.39' x 10.93'Hardwood Floor, Formal Rm, Wood Trim
KitchenMain9.68' x 11.71'Tile Floor, Breakfast Bar, Backsplash
BreakfastMain13.16' x 6.43'Tile Floor, Combined W/Kitchen, W/O To Yard
OfficeMain5.84' x 11.71'Hardwood Floor, Sliding Doors, Separate Rm
Prim Bdrm2nd15.52' x 11.02'Hardwood Floor, Mirrored Closet, O/Looks Frontyard
2nd Br2nd9.71' x 11.02'Hardwood Floor, Large Closet, O/Looks Backyard
BathroomBsmt5.35' x 5.87'Tile Floor, 4 Pc Bath, Pedestal Sink
RecBsmt15.03' x 16.54'Broadloom, Open Concept, Above Grade Window
LaundryBsmt7.45' x 10.93'Concrete Floor, Laundry Sink, Networked
Bathroom2nd7.32' x 4.76'Tile Floor, 4 Pc Bath, Pedestal Sink
Toronto Market Statistics
Toronto Price Trend
2 Gray Ave is a 2-bedroom 2-bathroom townhome listed for sale at $599,990, which is $152,560 (20.3%) lower than the average sold price of $752,550 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom townhome in Toronto declined by $119,698 (13.7%) compared to the previous 30 day period (November 19 - December 18) and down $42,564 (5.4%) from the same time one year ago.
Inventory Change
There were 61 2-bedroom townhomes listed in Toronto over the last 30 days (December 19 - January 17), which is down 30.7% compared with the previous 30 day period (November 19 - December 18) and up 19.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Toronto typically sold $537 (0.1%) above asking price over the last 30 days (December 19 - January 17), which represents a $879 decrease compared to the previous 30 day period (November 19 - December 18) and ($22,450) 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 2-bedroom townhomes in Toronto over the last 30 days (December 19 - January 17) stood at 50.8%, down from 70.5% over the previous 30 days (November 19 - December 18) and down from 68.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Toronto stood at 41 days when successfully sold over the last 30 days (December 19 - January 17), compared to 72 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group-Admiral Realty Inc.
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