31 Gravenhurst Ave
Downsview-Roding-CFB, North York, M3L 1M2
FOR SALE
$1,099,999
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3 + 3
BEDROOMS3
BATHROOMS1 + 2
KITCHENS6 + 7
ROOMSW9418757
MLSIDContact Us
Property Description
This charming bungalow offers incredible income potential with three separate units, each with its own kitchen perfect for investors or multi-generational living. Located in a highly desirable neighborhood, it backs onto a scenic ravine and the Oakdale Golf Course, providing a serene backyard retreat. Just a short walk to Oakdale Public School and close to all amenities, this home boasts the best of both nature and convenience. All three units are currently leased out, with tenants willing to stay or go, making this a fantastic turn-key investment. Whether you're looking to rent out all three units or live in one while generating income from the others, this property is a must-see!
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Semi-Detached, Bungalow
Lot Size
30' x 125'
Fronting
West
Taxes
$3,212 (2024)
Basement
Apartment, Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.65' x 24.74' | |
Kitchen | Main | 8.56' x 12.37' | |
Dining | Main | 11.65' x 24.74' | |
Prim Bdrm | Main | 10.04' x 13.94' | |
2nd Br | Main | 10.14' x 11.12' | |
3rd Br | Main | 10.04' x 9.02' | |
Kitchen | Bsmt | 9.19' x 10.50' | |
Br | Bsmt | 10.10' x 14.07' | |
Kitchen | Bsmt | 8.89' x 8.50' | |
Living | Bsmt | 20.05' x 10.96' | |
Prim Bdrm | Bsmt | 11.58' x 10.96' | |
2nd Br | Bsmt | 9.91' x 6.76' |
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North York Market Statistics
North York Price Trend
31 Gravenhurst Ave is a 3-bedroom 3-bathroom home listed for sale at $1,099,999, which is $243,883 (18.1%) lower than the average sold price of $1,343,882 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 3 bedroom home in North York increased by $14,967 (1.1%) compared to the previous 30 day period (September 24 - October 23) and up $87,094 (6.9%) from the same time one year ago.Inventory Change
There were 830 3-bedroom homes listed in North York over the last 30 days (October 24 - November 22), which is down 16.8% compared with the previous 30 day period (September 24 - October 23) and up 7.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in North York typically sold ($11,424) (0.9%) below asking price over the last 30 days (October 24 - November 22), which represents a $16,512 decrease compared to the previous 30 day period (September 24 - October 23) and ($472) 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 3-bedroom homes in North York over the last 30 days (October 24 - November 22) stood at 69.0%, up from 62.7% over the previous 30 days (September 24 - October 23) and up from 54.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in North York stood at 20 days when successfully sold over the last 30 days (October 24 - November 22), compared to 48 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty
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