615 Browns Line S

FOR SALE
$1,849,000
615 Browns Line S, Etobicoke
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
W8085112
MLSID
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Property Description
Attention ALL Builders!!!!! Huge 50ft front lot on Browns Line. Split the lot & Build 2 new homes. Drawings available upon request. Lot size is rare find in this Great neighborhood. Close to shopping, schools, Long Branch Go station & Major Hwys. Amazing opportunity for investment. Home is rented month to month for $2330.00 tenant pays utilities. Zoned RM (U3) allows for 3 units per lot after severance.
Extras
ALL APPLIANCES, WASHER, DRYER
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
50' x 120'
Fronting
East
Taxes
$3,764 (2023)
Basement
Finished
Exterior
Alum Siding, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
Etobicoke Market Statistics
Etobicoke Price Trend
615 Browns Line S is a 3-bedroom 2-bathroom home listed for sale at $1,849,000, which is $425,828 (29.9%) higher than the average sold price of $1,423,172 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Etobicoke increased by $87,800 (6.6%) compared to the previous 30 day period (March 15 - April 13) and down $42,855 (2.9%) from the same time one year ago.
Inventory Change
There were 1,201 3-bedroom homes listed in Etobicoke over the last 30 days (April 14 - May 13), which is up 57.8% compared with the previous 30 day period (March 15 - April 13) and up 26.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Etobicoke typically sold $75,399 (5.3%) above asking price over the last 30 days (April 14 - May 13), which represents a $7,486 decrease compared to the previous 30 day period (March 15 - April 13) and $110,072 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 3-bedroom homes in Etobicoke over the last 30 days (April 14 - May 13) stood at 45.6%, down from 83.8% over the previous 30 days (March 15 - April 13) and down from 69.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Etobicoke stood at 13 days when successfully sold over the last 30 days (April 14 - May 13), compared to 32 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group-Security Real Estate Inc.
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