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Property Description
Attention Builders/Investors! Don't Miss This Rare Opportunity To Build Your Dream Homes! Located In Guildwood Village. This Is A 73' X 217' Severed Into 3 Lots Facing Two Streets (Morningside And Greyabbey) Original Charming Home On 51 Morningside With Large Extension & Finished Basement. ***Approved Severance (51A Morningside 36.4' & 117') & (51B Morningside 36.4' X 117') As is, Build Your Dream Home On 10 Greyabbey Trail (63' X 100'), While Living At 51 Morningside**** (plz see the Attachments) As is. Steps To The Lake, Bluffs & Nature Trails. Stroll To Guild Inn Estates For Brunch. Steps To TTC And Schools. GO Transit Is Just A Couple Of Minutes Away... see the Attachments. Design Drawing Of All 3 Houses Attached (Buyer Is Permitted To Build With These Drawings) - Buyer Is Responsible To Pay For Development Charges And Apply For Building Permits.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-14 | 2024-10-31 | 139 | $2,399,800 | - | Expired |
| 2021-09-07 | 2021-10-18 | 41 | $3,495 | $3,000 | Leased |
| 2021-08-16 | 2021-09-11 | 26 | $3,950 | - | Terminated |
| 2021-04-06 | 2021-04-10 | 4 | $1,499,000 | $1,800,000 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
73' x 217'
Acreage
< .50
Lot Irregularities
3 Lot - See Survey
Fronting
East
Taxes
$8,325 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
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Toronto Market Statistics
Toronto Price Trend
51 Morningside Ave is a 3-bedroom 3-bathroom home listed for sale at $1,998,900, which is $806,188 (67.6%) higher than the average sold price of $1,192,712 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Toronto declined by $86,213 (6.7%) compared to the previous 30 day period (November 19 - December 18) and down $60,928 (4.9%) from the same time one year ago.Inventory Change
There were 319 3-bedroom homes listed in Toronto over the last 30 days (December 19 - January 17), which is down 33.8% compared with the previous 30 day period (November 19 - December 18) and up 27.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Toronto typically sold ($7,431) (0.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,931 decrease compared to the previous 30 day period (November 19 - December 18) and ($28,262) 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 3-bedroom homes in Toronto over the last 30 days (December 19 - January 17) stood at 61.8%, down from 100.8% over the previous 30 days (November 19 - December 18) and down from 83.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Toronto stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Future Realty Inc.
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Attention Builders/Investors! Don't Miss This Rare Opportunity To Build Your Dream Homes! Located In Guildwood Village. This Is A 73' X 217' Severed Into 3 Lots Facing Two Streets (Morningside And Greyabbey) Original Charming Home On 51 Morningside With Large Extension & Finished Basement. ***Approved Severance (51A Morningside 36.4' & 117') & (51B Morningside 36.4' X 117') As is, Build Your Dream Home On 10 Greyabbey Trail (63' X 100'), While Living At 51 Morningside**** (plz see the Attachments) As is. Steps To The Lake, Bluffs & Nature Trails. Stroll To Guild Inn Estates For Brunch. Steps To TTC And Schools. GO Transit Is Just A Couple Of Minutes A Couple Of Minutes Away... see the Attachments
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