28 Glen Echo Rd
Lawrence Park North, North York, M4N 2E1
FOR SALE
$1,949,000
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2 + 1
BEDROOMS2
BATHROOMS1 + 1
KITCHENS12
ROOMSC9267142
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Property Description
Amazing location! Bright sunny corner lot on Glen Echo, steps to Yonge and all amenities. Surrounded by luxury homes in a can't be beat area. Owner had plans approved for a two story house to be built (then covid), plans included. Great opportunity for builders or renovators. Same owner since 1992, it is a bright and warm home but outdated and in need of modernization, could be a great family starter home with some upgrades in a great neighborhood. Downstairs basement apartment with separate entrance for extra income, to rent until ready to do renovations or a family to co-live.
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Extras
Plans for a brand new home that had passed all city approvals.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
25' x 91'
Fronting
North
Taxes
$6,552 (2024)
Basement
Part Fin
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
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North York Market Statistics
North York Price Trend
28 Glen Echo Rd is a 2-bedroom 2-bathroom home listed for sale at $1,949,000, which is $824,985 (73.4%) higher than the average sold price of $1,124,015 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 2 bedroom home in North York declined by $65,370 (5.5%) compared to the previous 30 day period (September 27 - October 26) and up $63,433 (6.0%) from the same time one year ago.Inventory Change
There were 120 2-bedroom homes listed in North York over the last 30 days (October 27 - November 25), which is down 43.7% compared with the previous 30 day period (September 27 - October 26) and down 18.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in North York typically sold ($3,165) (0.3%) below asking price over the last 30 days (October 27 - November 25), which represents a $7,929 decrease compared to the previous 30 day period (September 27 - October 26) and $4,786 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 North York over the last 30 days (October 27 - November 25) stood at 94.2%, up from 52.6% over the previous 30 days (September 27 - October 26) and up from 67.6% 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 North York stood at 32 days when successfully sold over the last 30 days (October 27 - November 25), compared to 53 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Estate Homeward
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