498 Caledonia Rd
Caledonia-Fairbank, Toronto, M6E 4V2
FOR SALE
$914,900
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6 + 1
ROOMSW11903292
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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!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-15 | 2024-12-31 | 46 | $925,000 | - | Terminated |
| 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
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Property Details
Street
Community
City
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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 3.28' x 10.47' | Ceramic Floor, Window, O/Looks Living |
| Living | Main | 9.84' x 11.81' | Hardwood Floor, Open Concept, O/Looks Frontyard |
| Kitchen | Main | 7.84' x 9.09' | Hardwood Floor, Modern Kitchen, Stainless Steel Appl |
| Prim Bdrm | Main | 7.94' x 13.06' | Hardwood Floor, B/I Closet, Large Window |
| 2nd Br | Main | 7.35' x 10.01' | Hardwood Floor, O/Looks Backyard, W/O To Yard |
| Rec | Bsmt | 14.60' x 14.76' | Laminate, Open Stairs, Window |
| 3rd Br | Bsmt | 10.43' x 11.09' | Ceramic Floor, Combined W/Laundry, W/O To Yard |
| Cold/Cant | Bsmt | 6.00' x 14.93' | Concrete Floor, Window, Window |
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Toronto Market Statistics
Toronto Price Trend
498 Caledonia Rd is a 2-bedroom 2-bathroom home listed for sale at $914,900, which is $107,337 (10.5%) lower than the average sold price of $1,022,237 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in Toronto declined by $138,096 (11.9%) compared to the previous 30 day period (November 19 - December 18) and up $50,754 (5.2%) from the same time one year ago.Inventory Change
There were 75 2-bedroom homes listed in Toronto over the last 30 days (December 19 - January 17), which is down 17.6% compared with the previous 30 day period (November 19 - December 18) and up 92.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold ($12,433) (1.2%) below asking price over the last 30 days (December 19 - January 17), which represents a $8,583 decrease compared to the previous 30 day period (November 19 - December 18) and ($25,088) 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 2-bedroom homes in Toronto over the last 30 days (December 19 - January 17) stood at 60.0%, down from 84.6% over the previous 30 days (November 19 - December 18) and down from 107.7% 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 35 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Nest Seekers International Real Estate
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