7A Orrell Ave

FOR SALE
$1,998,000
7A Orrell Ave, Etobicoke
7A Orrell Ave
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0
BEDROOMS
0
BATHROOMS
0
KITCHENS
0
ROOMS
W9461933
MLSID
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Property Description
Opportunities like this are disappearing with each new build along storied Islington Golf Course. Only one other original home on golf side of Orrell Ave. The costly time & financial expense required to both apply for & secure severance, permit to demolish, permit to build and architectural plans, have been completed. It is effectively build ready. Building Permits, building plans, drawings & permits majority of permits completed. Existing dwelling to be torn down, at Seller's expense, prior to conveyance of ownership to Buyer. Bucolic Golf course views of Islington Golf Course, amidst multi million dollar homes. Short bus or walk to Islington Subway. Dream location for your dream home. Buy Land! They aren't making it anymore!
Extras
Leafy, green vistas of Islington Golf Course, Builder ready, with Permits, Drawings and Survey in place. Architectural Plans/Drawings available.
Nearby Intersections
Property Details
Property Type
Detached, 2-Storey
Lot Size
48' x 116'
Fronting
South
Taxes
$6,600 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Etobicoke Market Statistics
Etobicoke Price Trend
7A Orrell Ave is a 0-bedroom 0-bathroom home listed for sale at $1,998,000, which is $1,603,000 (405.8%) higher than the average sold price of $395,000 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 0 bedroom home in Etobicoke declined by $1,267,016 (76.2%) compared to the previous 30 day period (October 18 - November 16) and down $559,358 (58.6%) from the same time one year ago.
Inventory Change
There were 4 0-bedroom homes listed in Etobicoke over the last 30 days (November 17 - December 16), which is down 50.0% compared with the previous 30 day period (October 18 - November 16) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
0-bedroom homes in Etobicoke typically sold ($33,000) (8.4%) below asking price over the last 30 days (November 17 - December 16), which represents a $151,783 decrease compared to the previous 30 day period (October 18 - November 16) and $28,692 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 0-bedroom homes in Etobicoke over the last 30 days (November 17 - December 16) stood at 50.0%, up from 37.5% over the previous 30 days (October 18 - November 16) and down from 150.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 0-bathroom home in Etobicoke stood at 97 days when successfully sold over the last 30 days (November 17 - December 16), compared to 157 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Professionals Inc.
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