485 Lauder Ave

FOR SALE
$1,049,900
485 Lauder Ave, Toronto
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
485 Lauder Ave
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2 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
4 + 3
ROOMS
C9373738
MLSID
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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.
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
Property Features
Fenced Yard, Place Of Worship, Public Transit, School
Property Details
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
Room Summary
RoomLevelSizeFeatures
LivingMain13.19' x 18.73'Window, Pot Lights, Hardwood Floor
DiningMain9.58' x 12.80'Window, Pot Lights, Hardwood Floor
KitchenMain14.60' x 8.20'Backsplash, Pot Lights, Hardwood Floor
Prim BdrmMain12.89' x 11.78'Vaulted Ceiling, Window, Closet
2nd BrMain9.97' x 9.48'Window, Closet, Hardwood Floor
BathroomMain8.79' x 5.48'Renovated, 4 Pc Bath, Window
BrBsmt13.68' x 11.68'Window, Laminate, Closet
KitchenBsmt6.17' x 9.58'Window
LivingBsmt14.90' x 18.90'Laminate
BathroomBsmt5.28' x 5.97'Renovated, Window, 3 Pc Bath
LaundryBsmt8.17' x 7.19'
Toronto Market Statistics
Toronto Price Trend
485 Lauder Ave is a 2-bedroom 2-bathroom home listed for sale at $1,049,900, which is $111,518 (9.6%) lower than the average sold price of $1,161,418 in the last 30 days (September 4 - October 3). During the last 30 days the average sold price for a 2 bedroom home in Toronto increased by $72,028 (6.6%) compared to the previous 30 day period (August 5 - September 3) and up $91,106 (8.5%) from the same time one year ago.
Inventory Change
There were 282 2-bedroom homes listed in Toronto over the last 30 days (September 4 - October 3), which is up 120.3% compared with the previous 30 day period (August 5 - September 3) and up 15.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold $15,821 (1.4%) above asking price over the last 30 days (September 4 - October 3), which represents a $11,873 increase compared to the previous 30 day period (August 5 - September 3) and $23,146 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 (September 4 - October 3) stood at 37.2%, down from 71.9% over the previous 30 days (August 5 - September 3) and up from 35.7% 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 14 days when successfully sold over the last 30 days (September 4 - October 3), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Real Estate Associates
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