498 Caledonia Rd

FOR SALE
$925,000
498 Caledonia Rd, Toronto
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
498 Caledonia Rd
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
W10425915
MLSID
Contact Us
Property Description
Investors and first-time home buyers, take note of 498 Caledonia Road! This home is poised just steps from a future transit hub, with LRT and future GO Station at Caledonia & Eglinton. Close to amenities, parks, schools and 10 minutes to Eglinton West subway station, this home is perfectly positioned for families and potential tenants. Carefully renovated, the home features hardwood floors, pot lights, crown mouldings & smart thermostat. The kitchen features all stainless steel appliances and a sleek glass-and-marble backsplash. The primary bedroom on the main floor is sun-filled and features a built-in closet, while the second bedroom offers a walk-out to the spacious backyard. The basement, which could easily be converted into a studio apartment, offers a generous floorplan with a rec room and potential third bedroom (with its own private entrance). This home is move-in ready, but also offers so much potential for the eager investor. Come see 498 Caledonia before it's gone!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-24 2024-11-10 17 $899,999 - Terminated
2023-04-26 2023-05-02 6 $799,000 $1,100,000 Sold
2020-08-21 2020-09-02 12 $779,000 $770,000 Sold
Extras
Bosch Tankless Water Heater (2019), New Laundry Sink & Counter (2023), Samsung Washer & Dryer (2021), Backwater Valve (2023)
Nearby Intersections
Property Features
Fenced Yard, Park, Public Transit, Rec Centre
Property Details
Property Type
Detached, Bungalow
Lot Size
20' x 142'
Fronting
West
Taxes
$3,426 (2024)
Basement
Fin W/O, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
FoyerMain3.28' x 10.47'Ceramic Floor, Window, O/Looks Living
LivingMain9.84' x 11.81'Hardwood Floor, Open Concept, O/Looks Frontyard
KitchenMain7.84' x 9.09'Hardwood Floor, Modern Kitchen, Stainless Steel Appl
Prim BdrmMain7.94' x 13.06'Hardwood Floor, B/I Closet, Large Window
2nd BrMain7.35' x 10.01'Hardwood Floor, O/Looks Backyard, W/O To Yard
RecBsmt14.60' x 14.76'Laminate, Open Stairs, Window
3rd BrBsmt10.43' x 11.09'Ceramic Floor, Combined W/Laundry, W/O To Yard
Cold/CantBsmt6.00' x 14.93'Concrete Floor, Window, Window
Toronto Market Statistics
Toronto Price Trend
498 Caledonia Rd is a 2-bedroom 2-bathroom home listed for sale at $925,000, which is $199,324 (17.7%) lower than the average sold price of $1,124,324 in the last 30 days (October 17 - November 15). During the last 30 days the average sold price for a 2 bedroom home in Toronto declined by $70,898 (5.9%) compared to the previous 30 day period (September 17 - October 16) and down $11,072 (1.0%) from the same time one year ago.
Inventory Change
There were 124 2-bedroom homes listed in Toronto over the last 30 days (October 17 - November 15), which is down 47.9% compared with the previous 30 day period (September 17 - October 16) and down 37.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold ($3,451) (0.3%) below asking price over the last 30 days (October 17 - November 15), which represents a $18,051 decrease compared to the previous 30 day period (September 17 - October 16) and $12,917 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 (October 17 - November 15) stood at 102.4%, up from 47.1% over the previous 30 days (September 17 - October 16) and up from 48.7% 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 28 days when successfully sold over the last 30 days (October 17 - November 15), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Nest Seekers International Real Estate
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