48 Redwood Ave
Greenwood-Coxwell, Toronto, M4L 2S6
FOR SALE
$999,000
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BEDROOMS2
BATHROOMS1
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ROOMSE9376030
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Property Description
Welcome to your detached home steps from Greenwood Park and all that Gerrard E/Little India has to offer! Sitting on a 25 x 115 ft lot with west-facing backyard, not only checking all the boxes today, but also in the future! This charming 1.5 storey detached brick home offers a renovated move in ready space with lots of versatility! 3+1 bedrooms, 2 bathrooms, and ample living and dining space throughout. The main floor was opened up with a modern kitchen and proper dining (or combination living/dining). 2 bedrooms on the main floor, both with closets & direct access to the 4 piece washroom. Upper level is a large bright cozy space featuring two skylights, making for an incredible family room or principal suite with the ability to add an ensuite washroom. The finished lower level has access from the back door to another living room, guest bedroom, renovated washroom and laundry (rough in for a kitchen) - could be a fantastic self-contained guest/in-law suite! Incredibly spacious west-facing backyard allows for several entertaining spaces, and the possibiilty to build back (or up) in the future. Mutual drive shared with neighbours to North with present agreement to each park 6 months on, 6 months off.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-07-08 | 2022-07-12 | 4 | $3,500 | $3,500 | Leased |
Extras
Very well maintained and updated! Newly installed (2024) heat pumps/AC units on all three floors (take your pick btwn rad or heat pumps), new carpet on top level, main floor opened up and renovataed, windows and doors replaced in 2019/2020.
Nearby Intersections
Coxwell & Gerrard (35)
Property Features
Fenced Yard, Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
25' x 115'
Fronting
West
Taxes
$4,235 (2024)
Basement
Finished
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
1
Driveway
Mutual
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 7.28' x 6.20' | Tile Floor, Double Closet, Window |
| Dining | Main | 15.16' x 10.83' | Window, Pot Lights, Open Concept |
| Kitchen | Main | 13.12' x 10.89' | Stone Counter, Stainless Steel Appl, Pot Lights |
| Prim Bdrm | Main | 11.42' x 8.89' | Window, Semi Ensuite, Closet |
| 2nd Br | Main | 10.53' x 8.92' | Window, Semi Ensuite, Closet |
| Bathroom | Main | 5.61' x 6.43' | 4 Pc Bath, Window |
| Family | Upper | 17.55' x 20.34' | Skylight, W/I Closet, Combined W/Br |
| 3rd Br | Upper | 17.55' x 20.34' | Skylight, W/I Closet, Combined W/Family |
| Living | Bsmt | 9.58' x 9.38' | Open Concept, Pot Lights |
| Bathroom | Bsmt | 9.15' x 8.73' | Window, 4 Pc Bath |
| Laundry | Bsmt | 8.96' x 4.27' | Window, Open Concept |
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Toronto Market Statistics
Toronto Price Trend
48 Redwood Ave is a 3-bedroom 2-bathroom home listed for sale at $999,000, which is $344,656 (25.7%) lower than the average sold price of $1,343,656 in the last 30 days (September 4 - October 3). During the last 30 days the average sold price for a 3 bedroom home in Toronto increased by $51,581 (4.0%) compared to the previous 30 day period (August 5 - September 3) and down $16,467 (1.2%) from the same time one year ago.Inventory Change
There were 1,346 3-bedroom homes listed in Toronto over the last 30 days (September 4 - October 3), which is up 159.8% compared with the previous 30 day period (August 5 - September 3) and up 14.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Toronto typically sold $14,924 (1.1%) above asking price over the last 30 days (September 4 - October 3), which represents a $22,099 increase compared to the previous 30 day period (August 5 - September 3) and $32,922 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 Toronto over the last 30 days (September 4 - October 3) stood at 40.0%, down from 70.8% over the previous 30 days (August 5 - September 3) and up from 38.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Toronto stood at 16 days when successfully sold over the last 30 days (September 4 - October 3), compared to 51 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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