485 Lauder Ave
Oakwood Village, Toronto, M6E 3J3
FOR SALE
$1,079,900
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2 + 1
BEDROOMS2
BATHROOMS1 + 1
KITCHENS4 + 3
ROOMSC9035725
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Property Description
Welcome to this stunningly renovated home, ideal for first-time buyers seeking to rent out the basement or investors aiming to rent out both levels. The main floor showcases an open-concept living and dining area, complemented by a modernized bathroom. The kitchen boasts new cabinets to maximize storage space. The primary bedroom on the main floor features a striking vaulted ceiling, creating a serene ambiance, accompanied by a generously sized second bedroom. The basement, with its own separate entrance, includes a kitchen, renovated bathroom, a spacious bedroom, and a large living area currently occupied by tenants. Not your typical basement, as it is located on the ground level. Outside, you'll find a low-maintenance yard, a detached garage, and a shed providing ample storage. The location is superb, offering convenient access to TTC/Subway/Allen Road/401, along with an array of shops and restaurants on Eglinton, in Oakwood Village and St. Clair. The upcoming Eglinton LRT project promises added value to the area. Ideal for landlords, investors, or first-time buyers seeking rental opportunities in a prime location.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-31 | 2024-02-10 | 10 | $1,600 | $1,600 | Leased |
Extras
Updates include insulation for the attic (2019), roof for the house (2019), roof for the garage ('24), new open concept living room with new hardwood flooring (2018), washroom on the main floor (2021), and washroom in the basement ('24).
Nearby Intersections
Dufferin & Eglinton (39)
Property Features
Fenced Yard, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
25' x 120'
Fronting
East
Taxes
$4,811 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Mutual
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 13.19' x 18.73' | Window, Pot Lights, Hardwood Floor |
| Dining | Main | 9.58' x 12.80' | Window, Pot Lights, Hardwood Floor |
| Kitchen | Main | 14.60' x 8.20' | Backsplash, Pot Lights, Hardwood Floor |
| Prim Bdrm | Main | 12.89' x 11.78' | Vaulted Ceiling, Window, Closet |
| 2nd Br | Main | 9.97' x 9.48' | Window, Closet, Hardwood Floor |
| Bathroom | Main | 8.79' x 5.48' | Renovated, 4 Pc Bath, Window |
| Br | Bsmt | 13.68' x 11.68' | Window, Laminate, Closet |
| Kitchen | Bsmt | 6.17' x 9.58' | Window |
| Living | Bsmt | 14.90' x 18.90' | Laminate |
| Bathroom | Bsmt | 5.28' x 5.97' | Renovated, Window, 3 Pc Bath |
| Laundry | Bsmt | 8.17' x 7.19' |
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Toronto Market Statistics
Toronto Price Trend
485 Lauder Ave is a 2-bedroom 2-bathroom home listed for sale at $1,079,900, which is $7,708 (0.7%) lower than the average sold price of $1,087,608 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 2 bedroom home in Toronto increased by $9,095 (0.8%) compared to the previous 30 day period (July 9 - August 7) and up $40,432 (3.9%) from the same time one year ago.Inventory Change
There were 161 2-bedroom homes listed in Toronto over the last 30 days (August 8 - September 6), which is down 2.4% compared with the previous 30 day period (July 9 - August 7) and up 7.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold $1,966 (0.2%) above asking price over the last 30 days (August 8 - September 6), which represents a $5,868 decrease compared to the previous 30 day period (July 9 - August 7) and $38,820 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 2-bedroom homes in Toronto over the last 30 days (August 8 - September 6) stood at 62.7%, up from 55.8% over the previous 30 days (July 9 - August 7) and up from 52.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Toronto stood at 22 days when successfully sold over the last 30 days (August 8 - September 6), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Real Estate Associates
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