42B Otonabee Ave

FOR SALE
$3,049,999
42B Otonabee Ave, North York
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
42B Otonabee Ave
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4 + 1
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
9 + 2
ROOMS
C8294202
MLSID
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Property Description
Welcome to this exquisite 4 beds, 5 baths home that radiates sophistication & charm. Nested in a prime location this property offers unparalleled convenience. With easy access to transportation & steps away from Centre Point Mall, every amenity is within reach. Open concept layout on the main floor provides a seamless flow between the living spaces. Stunning 2-tone kitchen features remarkable large centre island w/quartz counters, pantry & s/s appliances. Upstairs, bright &spacious bedrooms equipped with closets & ensuites offer privacy & a peaceful retreat. Rec. room w/soaring 12.5ft ceiling & double door walk out offers endless opportunities. Enjoy the blend of wainscotting, crown moldings, flat coffered ceilings, skylights, hardwood floors and pot lights that this home has to offer. Don't miss a chance to make this exceptional property your own.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-06-07 2021-06-11 4 $2,688,000 $2,600,000 Sold
2021-05-17 2021-06-06 20 $2,488,000 - Suspended
2021-05-01 2021-05-16 15 $2,880,000 - Suspended
Nearby Intersections
Property Features
Fenced Yard, Public Transit, School
Property Details
Property Type
Detached, 2-Storey
Lot Size
40' x 123'
Fronting
South
Taxes
$12,599 (2023)
Basement
Finished, Walk-Up
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain17.13' x 21.36'Gas Fireplace, Large Window, Crown Moulding
DiningMain8.96' x 25.23'Pot Lights, Hardwood Floor, Combined W/Living
KitchenMain22.38' x 14.30'Eat-In Kitchen, Centre Island, Stainless Steel Appl
FamilyMain22.74' x 16.57'Gas Fireplace, W/O To Yard, B/I Shelves
Prim Bdrm2nd6.56' x 19.26'W/I Closet, 5 Pc Ensuite, Vaulted Ceiling
2nd Br2nd11.02' x 14.34'Semi Ensuite, Double Closet, Hardwood Floor
3rd Br2nd9.84' x 14.34'Semi Ensuite, W/I Closet, Vaulted Ceiling
4th Br2nd14.83' x 11.71'3 Pc Ensuite, Double Closet, Pot Lights
OfficeLower4.79' x 11.32'B/I Shelves, Hardwood Floor, Crown Moulding
RecBsmt30.09' x 30.91'W/O To Yard, Gas Fireplace, Porcelain Floor
5th BrBsmt14.83' x 10.20'Pot Lights, Porcelain Floor
FoyerLower4.79' x 8.69'Double Doors, B/I Shelves, Marble Floor
North York Market Statistics
North York Price Trend
42B Otonabee Ave is a 4-bedroom 4-bathroom home listed for sale at $3,049,999, which is $879,808 (40.5%) higher than the average sold price of $2,170,191 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in North York increased by $166,617 (8.3%) compared to the previous 30 day period (March 15 - April 13) and up $60,530 (2.9%) from the same time one year ago.
Inventory Change
There were 734 4-bedroom homes listed in North York over the last 30 days (April 14 - May 13), which is up 63.5% compared with the previous 30 day period (March 15 - April 13) and up 23.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold $14,231 (0.7%) above asking price over the last 30 days (April 14 - May 13), which represents a $6,380 decrease compared to the previous 30 day period (March 15 - April 13) and $64,276 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 4-bedroom homes in North York over the last 30 days (April 14 - May 13) stood at 38.3%, down from 60.8% over the previous 30 days (March 15 - April 13) and down from 64.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in North York stood at 16 days when successfully sold over the last 30 days (April 14 - May 13), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max One Realty
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