349 Kipling Ave
New Toronto, Etobicoke, M8V 3K6
FOR SALE
$1,049,000
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Property Description
Welcome to 349 Kipling Avenue, a well-maintained 5-bedroom detached bungalow in the heart of Etobicoke. This charming home offers 3 bedrooms with 2 additional bedrooms in the finished basement. With two kitchens and three full washrooms, this property provides the perfect setup for a growing family or an investor looking for rental income opportunities. The basement, with its separate side entrance, is ideal for conversion into a rental unit or in-law suite. Recent updates include a new roof, brand new washroom on main floor, heat pumps, and air conditioning, all installed in 2023. The home is also equipped with 220 Amp electricity service. Outside, the property features parking for 3+ cars at the back. Conveniently located near schools, parks, shopping centers, public transit, and major highways, this versatile property is an excellent opportunity in one of Etobicoke's most sought-after neighborhoods. Don't miss out on this fantastic home!
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
28' x 99'
Fronting
West
Taxes
$3,600 (2024)
Basement
Finished
Exterior
Alum Siding, Shingle
Heat Type
Heat Pump
Heat Source
Oil
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
3
Driveway
Lane
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 9.32' x 10.83' | |
| Br | Main | 10.99' x 12.01' | |
| Kitchen | Main | 8.60' x 9.84' | |
| Br | 2nd | 10.40' x 13.32' | |
| Br | 2nd | 10.66' x 15.09' | |
| Br | Bsmt | 10.50' x 18.50' | |
| Br | Bsmt | 8.99' x 10.66' | |
| Kitchen | Bsmt | 10.17' x 19.09' |
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Etobicoke Market Statistics
Etobicoke Price Trend
349 Kipling Ave is a 5-bedroom 3-bathroom home listed for sale at $1,049,000, which is $1,828,233 (63.5%) lower than the average sold price of $2,877,233 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 5 bedroom home in Etobicoke increased by $67,253 (2.4%) compared to the previous 30 day period (September 23 - October 22) and up $197,575 (7.4%) from the same time one year ago.Inventory Change
There were 111 5-bedroom homes listed in Etobicoke over the last 30 days (October 23 - November 21), which is down 28.4% compared with the previous 30 day period (September 23 - October 22) and up 5.7% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Etobicoke typically sold ($93,166) (3.2%) below asking price over the last 30 days (October 23 - November 21), which represents a $15,160 decrease compared to the previous 30 day period (September 23 - October 22) and ($120,225) 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 5-bedroom homes in Etobicoke over the last 30 days (October 23 - November 21) stood at 64.9%, up from 35.5% over the previous 30 days (September 23 - October 22) and up from 36.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Etobicoke stood at 32 days when successfully sold over the last 30 days (October 23 - November 21), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Right Move
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