551 Broadway Ave

FOR SALE
$4,880,000
551 Broadway Ave, North York
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
551 Broadway Ave
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4 + 1
BEDROOMS
5
BATHROOMS
1 + 1
KITCHENS
13 + 5
ROOMS
C11190116
MLSID
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Property Description
Step into unmatched sophistication with this custom-built, modern detached home in the prestigious North Leaside neighborhood an extraordinary opportunity for discerning buyers seeking the pinnacle of luxury living. From the moment you enter, you are greeted by an open-concept main floor with soaring 11-foot ceilings, flooded with natural light through floor-to-ceiling European aluminum windows and six skylights.Exquisite European-engineered hardwood floors flow throughout the main and second levels, adding timeless elegance. A striking office space with custom wood-and-glass doors blends style and function, while the living and dining areas feature custom 3D fireplaces and elegant wall units, creating a warm ambiance. The chef-inspired kitchen boasts sleek cabinetry and premium Jenn Air appliances, perfect for culinary enthusiasts.On the second floor, four generously sized bedrooms are bathed in natural light. The master suite is a true retreat, featuring a boutique-style walk-in closet and a spa-inspired 5-piece ensuite with heated floors. Each bathroom and closet on this level enjoys skylights, bringing brightness and airiness throughout.The walk-up basement is an entertainers dream with heated tile floors, a custom wine display with a 100-bottle capacity, a custom-made wet bar with sleek lighting, and a built-in mini wine fridgedesigned for relaxation and sophisticated entertaining.Additional features include heated floors in the foyer and bathrooms, meticulously chosen tiles, and exceptional attention to detail. Conveniently located near some of the best schools in Toronto, this home seamlessly blends luxury with practicality.Dont miss this rare opportunity to own a bespoke residence that defines the best in luxury and modern design.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-01-07 2022-01-13 6 $1,599,000 $2,051,800 Sold
Extras
Existing all appliances: Jan Air Refridgerator and freeezer, Jen Air Dishwasher, Jen Air Microwave, Jen Air Oven, Jen Air 6-burner Gas Stove, Jen Air Range Hood, a set of Washer and Dryer.
Nearby Intersections
Property Features
Fenced Yard, Golf, Hospital, Park, Public Transit, School
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
30' x 135'
Fronting
North
Taxes
$7,303 (2024)
Basement
Finished
Exterior
Alum Siding, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain17.81' x 24.02'
DiningMain17.72' x 24.02'
KitchenMain19.16' x 24.74'
FamilyMain19.16' x 24.74'
OfficeMain6.89' x 9.51'
Prim Bdrm2nd15.91' x 24.02'
2nd Br2nd12.86' x 19.00'
3rd Br2nd11.52' x 16.99'
4th Br2nd10.99' x 11.81'
Great RmBsmt18.67' x 23.65'
BrBsmt6.23' x 12.14'
North York Market Statistics
North York Price Trend
551 Broadway Ave is a 4-bedroom 5-bathroom home listed for sale at $4,880,000, which is $3,288,155 (206.6%) higher than the average sold price of $1,591,845 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in North York declined by $294,828 (15.6%) compared to the previous 30 day period (November 19 - December 18) and down $105,045 (6.2%) from the same time one year ago.
Inventory Change
There were 234 4-bedroom homes listed in North York over the last 30 days (December 19 - January 17), which is down 21.5% compared with the previous 30 day period (November 19 - December 18) and up 66.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in North York typically sold ($26,023) (1.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $15,789 increase compared to the previous 30 day period (November 19 - December 18) and ($80,967) 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 4-bedroom homes in North York over the last 30 days (December 19 - January 17) stood at 52.6%, down from 72.1% over the previous 30 days (November 19 - December 18) and down from 62.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in North York stood at 39 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 Royal Lepage Signature Realty
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