47 Terrace Ave

FOR SALE
$2,988,000
47 Terrace Ave, North York
47 Terrace Ave
47 Terrace Ave
47 Terrace Ave
47 Terrace Ave
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47 Terrace Ave
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47 Terrace Ave
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4 + 3
BEDROOMS
6
BATHROOMS
1 + 1
KITCHENS
9 + 5
ROOMS
C10425973
MLSID
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Property Description
Welcome to a stunning executive home in Torontos coveted Willowdale West neighborhood. This luxurious residence spans approximately 5000 sqft of luxury living sitting on south lot. Grand foyer featuring soaring ceilings. The open-concept living area is a showcase of elegance with coffered ceilings & wainscoting. Entertain in style in the open concept dining room, featuring rich hardwood floors and direct access to the chef-inspired kitchen. The kitchen is a spacious chefs dream, boasting a center island, a breakfast area, and a walkout to a private deck perfect for outdoor entertaining. Open cocnept inviting family room offers a warm stone fireplace, creating a cozy space for relaxation.The upper level features 4 generously sized bedroom. Upstairs hallway is illuminated by natural light from a skylight and Juliet balcony. The grand primary suite is a private retreat with walk-in closets and a luxurious 6-piece ensuite. The fully finished walk-up basement includes 3 additional bedrooms, a kitchen, and a breakfast area, making it ideal for guests or extended family living. Outdoors, enjoy the interlocking driveway, backyard, with deck and interlocking stone, offering an ideal setting for relaxation and entertainment. Close proximity to schools, just minutes to TTC access, and close to premier shopping, dining, and entertainment. Parks, libraries, and recreational centers are also nearby, offering a perfect blend of luxury and convenience in one of Toronto's most sought-after neighborhoods
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-30 2024-11-15 16 $2,488,000 - Terminated
2021-04-16 2021-07-15 90 $3,288,000 - Suspended
2021-04-16 2021-04-16 0 $3,088,000 - Terminated
2019-06-12 2019-12-31 202 $2,788,000 - Expired
Extras
Secuirty Camera and door bell. Exterior pot lights.Newer windows.
Nearby Intersections
Property Details
Property Type
Detached, 2-Storey
Lot Size
60' x 131'
Lot Irregularities
Widen at the back.
Fronting
South
Taxes
$11,809 (2024)
Basement
Finished, Walk-Up
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain11.42' x 15.42'Wainscoting, Open Concept, Coffered Ceiling
DiningMain11.42' x 16.70'Hardwood Floor, Open Concept, Crown Moulding
OfficeMain8.73' x 7.58'Hardwood Floor, Window
FamilyMain9.84' x 18.57'Fireplace, Open Concept, Crown Moulding
KitchenMain11.52' x 21.75'Breakfast Area, W/O To Deck, Centre Island
Prim Bdrm2nd12.47' x 21.03'Hardwood Floor, W/I Closet, 6 Pc Ensuite
2nd Br2nd11.65' x 15.03'Closet, Semi Ensuite, Hardwood Floor
3rd Br2nd16.14' x 11.42'Window, Closet, 4 Pc Ensuite
4th Br2nd12.63' x 18.04'Hardwood Floor, W/I Closet, Semi Ensuite
BrBsmt11.02' x 10.37'Hardwood Floor, Closet, 3 Pc Ensuite
LivingBsmt16.73' x 19.09'Hardwood Floor, Above Grade Window, Open Concept
KitchenBsmt10.76' x 20.60'Open Concept, Hardwood Floor
North York Market Statistics
North York Price Trend
47 Terrace Ave is a 4-bedroom 6-bathroom home listed for sale at $2,988,000, which is $1,091,706 (57.6%) higher than the average sold price of $1,896,294 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 4 bedroom home in North York declined by $71,039 (3.6%) compared to the previous 30 day period (September 27 - October 26) and down $109,552 (5.5%) from the same time one year ago.
Inventory Change
There were 466 4-bedroom homes listed in North York over the last 30 days (October 27 - November 25), which is down 30.2% compared with the previous 30 day period (September 27 - October 26) and up 10.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold ($36,089) (1.9%) below asking price over the last 30 days (October 27 - November 25), which represents a $2,996 decrease compared to the previous 30 day period (September 27 - October 26) and ($72,980) 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 27 - November 25) stood at 57.7%, up from 45.5% over the previous 30 days (September 27 - October 26) and up from 52.4% 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 24 days when successfully sold over the last 30 days (October 27 - November 25), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Soltanian Real Estate Inc.
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