525 Rogers Rd

FOR SALE
$1,650,000
525 Rogers Rd, North York
525 Rogers Rd
525 Rogers Rd
525 Rogers Rd
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5 + 2
BEDROOMS
5
BATHROOMS
4 + 1
KITCHENS
0
ROOMS
W11887016
MLSID
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Property Description
Development Fees PAID! Plans APPROVED! Attention All Investors, Developers & Opportunity Seekers! This Property Offers A Rare Unique Chance To Develop A Multi-Unit Residential Project With Fully Approved Building Permits For Five Residential Units. The Interior Is A Blank Canvas, Empty And Ready For Immediate Construction. Situated In A Desirable Investment Worthy Location, This Property Is Perfect For Those Looking To Maximize Their Return With A Ready-To-Build, Multi-Unit Opportunity. Dont Miss Out On The Chance To Bring Your Vision To Life In This Sought After Space.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-03 2024-12-06 94 $2,499,999 - Terminated
Property Features
Hospital, Library, Public Transit, Rec Centre
Property Details
Street
Property Type
Multiplex, 2-Storey
Lot Size
27' x 100'
Fronting
South
Taxes
$3,858 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Other
Heat Source
Other
Air Conditioning
Other
Water
Municipal
Driveway
Lane
Garage Type
None
North York Market Statistics
North York Price Trend
525 Rogers Rd is a 5-bedroom 5-bathroom home listed for sale at $1,650,000, which is $1,034,473 (38.5%) lower than the average sold price of $2,684,473 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 5 bedroom home in North York increased by $172,255 (6.9%) compared to the previous 30 day period (November 19 - December 18) and up $46,070 (1.7%) from the same time one year ago.
Inventory Change
There were 68 5-bedroom homes listed in North York over the last 30 days (December 19 - January 17), which is up 13.3% compared with the previous 30 day period (November 19 - December 18) and up 65.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in North York typically sold ($300,715) (11.2%) below asking price over the last 30 days (December 19 - January 17), which represents a $197,054 decrease compared to the previous 30 day period (November 19 - December 18) and ($121,269) 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 5-bedroom homes in North York over the last 30 days (December 19 - January 17) stood at 27.9%, down from 60.0% over the previous 30 days (November 19 - December 18) and down from 63.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in North York stood at 46 days when successfully sold over the last 30 days (December 19 - January 17), compared to 98 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group-Associates Realty Inc.
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