2977 Bayview Ave
Bayview Village, North York, M2K 1E9
FOR SALE
$2,288,000
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4 + 3
BEDROOMS6
BATHROOMS1 + 1
KITCHENS10 + 5
ROOMSC9391727
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Property Description
****Top-Ranked School--Earl Haig SS****67Ftx170.53Ft-----67Ftx170.53Ft------Backing To Bayview Village Park & Facing To A City Parkette****RARE-OPPORTUNITY To Own "A Jewel Land"--Remarkable Investment Property for*******an Official Plan******Permittable TOWNHOUSE redevelopment OPPORTUNITY********POTENTIAL*********INCREASING LAND DENSITY OPPORTUNITY*********(The Buyer Is To Verify The Buyer's Future Rezoning Opportunity With City Planner)****A PRIME CORNER OF BAYVIEW/CITATION in Sought after Neighbourhood Bayview Village**This Property is Ideal For Families/End-Users Or Investor Looking To Generate Immediate Rental Income now Or A Developer for an exciting future project &The Current Property Is Arranged W/A Multiplex Style-------A Self-Contained Studio Area(Potential Rental Income) & Main-Residence Area & A Self-Contained Lower Level(Potential Rental Income-$$$)**Generous Main Foyer--Spacious & Functional Flr Plan W/Open Concept Lr/Dr Rms W/Natural Sunfilled--Easy Access To South Exp/Overlooking Greenary(Deep Lot-Ravine)--Eat-In Family Size Kitchen & Practical Main Flr Laundry Rm & Well-Appointed Bedroom Sizes(2nd Flr)------A Separate Entrance To A Lower Level(Potential Solid Rental Income $$$----Super Bright & Easy Access To Private Backyard)--------This Property has a 2 Elements combined--------------------------------1)A City Official Plan---------Permittable TOWNHOUSE redevelopment OPPORTUNITY -------------------------POTENTIAL---------------------------------INCREASING LAND DENSITY OPPORTUNITY(The buyer is to verify with a city planner)------2)An existing Multi-purpose 2storey Hm(Fabulous Potential Income Producing Units $$$) Combined***Close To All Amenities(A Wonderful Bayview Village Mall-Ravine-Schools-Subway Station-Parks-Hwys)
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-24 | 2024-10-10 | 16 | $2,400,000 | - | Terminated |
| 2024-09-05 | 2024-09-24 | 19 | $2,588,000 | - | Terminated |
| 2021-10-04 | 2021-11-04 | 31 | $3,500 | - | Terminated |
Extras
2Kitchens(Main/Lower Levels)*2Sets Of Appl(Main Flr-Fridge,New Stove(2024),Hood fan,B/I Dishwasher & Bsmt--New Fridge(2024),Stove & Washer/Dryer,Updated Furance,Garage Dr-Opener(2Cars Garage),100Amps Elec Breaker,New Laminate Flr(Main Flr)
Nearby Intersections
Bayview & Sheppard (281)
Bayview & Finch (114)
Property Features
Fenced Yard, Public Transit, Ravine, Rec Centre, School, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
67' x 171'
Lot Irregularities
62Ft(Bck)155.81Ft(W)-Bckng /Fcng On Park
Fronting
South
Taxes
$10,347 (2023)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.81' x 17.09' | Laminate, Combined W/Dining, Window |
| Dining | Main | 6.56' x 11.81' | W/O To Sundeck, O/Looks Ravine, Laminate |
| Kitchen | Main | 12.20' x 14.17' | Eat-In Kitchen, French Doors, Window |
| Family | Main | 11.88' x 19.98' | 3 Pc Ensuite, Laminate, Side Door |
| Prim Bdrm | 2nd | 11.88' x 17.19' | 4 Pc Ensuite, O/Looks Ravine, Hardwood Floor |
| 2nd Br | 2nd | 10.17' x 12.34' | Hardwood Floor, B/I Bookcase, Window |
| 3rd Br | 2nd | 10.53' x 10.83' | Hardwood Floor, Closet, Window |
| 4th Br | 2nd | 10.76' x 10.86' | Hardwood Floor, Window, Closet |
| Rec | Lower | 11.12' x 18.60' | Laminate, W/O To Yard, O/Looks Ravine |
| Kitchen | Lower | 6.00' x 9.97' | Ceramic Floor, Open Concept |
| Br | Lower | 10.99' x 11.45' | 3 Pc Ensuite, Laminate |
| Den | Lower | 9.22' x 11.19' | Laminate |
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North York Market Statistics
North York Price Trend
2977 Bayview Ave is a 4-bedroom 6-bathroom home listed for sale at $2,288,000, which is $383,943 (20.2%) higher than the average sold price of $1,904,057 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in North York declined by $84,958 (4.3%) compared to the previous 30 day period (September 21 - October 20) and down $159,815 (7.7%) from the same time one year ago.Inventory Change
There were 546 4-bedroom homes listed in North York over the last 30 days (October 21 - November 19), which is down 22.7% compared with the previous 30 day period (September 21 - October 20) and up 20.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold ($35,760) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $7,729 decrease compared to the previous 30 day period (September 21 - October 20) and ($76,652) 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 4-bedroom homes in North York over the last 30 days (October 21 - November 19) stood at 54.6%, up from 40.1% over the previous 30 days (September 21 - October 20) and up from 47.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 6-bathroom home in North York stood at 22 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
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