2 Sandfield Rd
Banbury-Don Mills, North York, M3B 2B6
FOR SALE
$5,695,000
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5
BEDROOMS5
BATHROOMS1
KITCHENS11 + 3
ROOMSC8131022
MLSIDContact Us
Property Description
Rare Opportunity! Prime redevelopment land in prestigious Bayview & York Mills area, surrounded by beautiful parks, top-rated schools, convenient shops, and excellent transit links. Recently approved by the Ontario Land Tribunal (OLT) in February 2023, allowing for the creation of seven elegant, three-story freehold townhomes on York Mills. The vision comes to life through exquisite concept designs crafted by renowned architect Richard Wengle. Each townhouse boasts expansive 20+ foot widths and generous living spaces ranging from approximately 2,227 to 2,855 square feet, complemented by finished basements and spacious 2-car above-grade garages. Move swiftly to secure permits and embark on this extraordinary project without delay!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-17 | 2024-03-08 | 143 | $5,999,000 | - | Terminated |
Extras
All plans & OLT approval available upon request. Listing brokerage & seller make no representation and/or warranties with respect to the approved plans. Buyer must conduct own due diligence to verify all information.
Property Features
Fenced Yard, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Sidesplit 3
Lot Size
115' x 163'
Fronting
West
Taxes
$12,319 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Circular
Garage Type
Attached
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North York Market Statistics
North York Price Trend
2 Sandfield Rd is a 5-bedroom 5-bathroom home listed for sale at $5,695,000, which is $2,913,992 (104.8%) higher 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 5-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 Harvey Kalles Real Estate Ltd.
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