43 Riverdale Ave
North Riverdale, Toronto, M4K 1C2
FOR SALE
$3,699,999
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8 + 3
BEDROOMS4
BATHROOMS5 + 1
KITCHENS13
ROOMSE9019415
MLSIDContact Us
Property Description
Once in a generation opportunity to own one of the largest residential lots in prime North Riverdale. A unique, career defining opportunity for developers. Permissively zoned for many building opportunities. Deep lot provides for Garden Suite potential. Steps from the iconic Riverdale Park, featuring Toronto's most beloved skyline view. Amazing walking and transit score. Currently single family use but potential to for up to 7 units in its current state. Offers are welcome anytime.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-28 | 2024-07-09 | 42 | $3,999,999 | - | Terminated |
| 2023-08-10 | 2023-12-25 | 137 | $3,899,999 | - | Suspended |
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Property Details
Street
Community
City
Property Type
Detached, 3-Storey
Lot Size
60' x 148'
Fronting
South
Taxes
$16,557 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
10
Driveway
Available
Garage Type
Detached
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Toronto Market Statistics
Toronto Price Trend
43 Riverdale Ave is a 8-bedroom 4-bathroom home listed for sale at $3,699,999, which is $2,319,999 (168.1%) higher than the average sold price of $1,380,000 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 8 bedroom home in Toronto declined by $625,000 (31.2%) compared to the previous 30 day period (July 9 - August 7) and down $806,666 (36.9%) from the same time one year ago.Inventory Change
There were 5 8-bedroom homes listed in Toronto over the last 30 days (August 8 - September 6), which is down 16.7% compared with the previous 30 day period (July 9 - August 7) and down 28.6% compared with the same period last year.Sold Price Above/Below Asking ($)
8-bedroom homes in Toronto typically sold ($265,800) (19.3%) below asking price over the last 30 days (August 8 - September 6), which represents a $178,200 increase compared to the previous 30 day period (July 9 - August 7) and $24,370 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 8-bedroom homes in Toronto over the last 30 days (August 8 - September 6) stood at 20.0%, down from 33.3% over the previous 30 days (July 9 - August 7) and down from 42.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 8-bedroom 4-bathroom home in Toronto stood at 68 days when successfully sold over the last 30 days (August 8 - September 6), compared to 112 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Millennium Real Estate
Similar Listings
New 5-Bedroom / 5-Bathroom custom home with large 3-bedroom / 2-bathroom coach house (laneway suite) at the rear. This property offers the opportunity to live in a custom finished home while receiving considerable rental income (coach house rented for the past year at $3,920/month). Coach house is also ideal as an 'in-law suite' for multi-generational households, and is uniquely separated into two living spaces (one on each level) by keyed doors. The coachhouse kitchen is located on the second floor with an additional kitchen rough-in on the main floor. The primary home has a rare 5 bedrooms, and is perfect for a large family or those looking for 4 bedrooms plus an office. Powder Room, Custom-built eat-in kitchen with floor to ceiling pantry for ample storage. Oversized Master Bedroom With tons of natural light, His and Her Custom millwork Closets, and oversized master bedroom ensuite with Free-Standing Tub, Double Vanity and an oversized glass shower. Third floor covered balcony with Private backyard, large deck and rear basement walkout. The primary home may also be retrofitted for a future basement apartment as it is separated from the main floor and is equipped with a separate exterior entrance, 2 bedrooms and a laundry/kitchen rough-in. This would allow a future owner to receive additional rental income from a large 2 bedroom basement apartment in addition to substantial rental income from the detached coach house. This home is located steps to Cedarvale Park, Leo Baeck Day School and Eglinton Station/Crosstown. Home and Coach house were completed in June 2023 and were tenanted until August 2024.
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