8 Audley Ave
South Riverdale, Toronto, M4M 1P6
FOR SALE
$899,000
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Property Description
Welcome to 8 Audley Ave the perfect spot for first-time buyers, downsizers or anyone in search of a beautifully renovated urban cottage in one of Toronto's most sought-after neighbourhoods.. From the moment you step through the door, the home's warm embrace is undeniable, with rich wood floors and reclaimed wooden posts that lend character and charm. The space is filled with natural light, thanks to the expansive south-facing windows and nearly 14-foot vaulted ceilings, creating an open and airy ambiance. The open-concept layout with the kitchen, living room, and dining, designed to seamlessly flow together, is perfect for hosting dinner parties or simply enjoying a cozy night in. The lower level, currently a cozy den, offers the versatility to serve as a second bedroom, complete with its own three-piece bath, making it a perfect haven for guests or a quiet retreat. Outside, the wood-fenced backyard provides a private escape, ideal for both family gatherings and evening cocktails under the stars. With a mix of low-maintenance artificial grass and stone pavers, the outdoor space strikes a perfect balance of form and function.The tight-knit community is full of familiar faces, and at the end of the street, you'll find Hideaway Park, a local favourite where neighbours gather to relax and enjoy the outdoors. With everything just a stroll away and the Queen Street car nearby for easy transit access, 8 Audley Ave truly offers the best of both comfort and community. Whether you're buying your first home or ready to downsize without sacrificing style or convenience, this is a place you'll love to call home. Come see for yourself why this welcoming neighbourhood and truly stunning one of a kind home is the perfect fit for your next chapter! For savvy buyers, a unique advantage of owning a detached home in Toronto offers an exciting opportunity to expand the footprint, boosting value (see house next door). Buyers should do their own due diligence on adding an extension.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
24' x 53'
Fronting
North
Taxes
$4,642 (2024)
Basement
Finished
Exterior
Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.76' x 18.54' | |
| Dining | Main | 7.48' x 10.86' | |
| Kitchen | Main | 15.85' x 11.02' | |
| Br | Main | 11.48' x 10.07' | |
| Family | Bsmt | 14.60' x 18.01' |
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Toronto Market Statistics
Toronto Price Trend
8 Audley Ave is a 1-bedroom 2-bathroom home listed for sale at $899,000, which is $133,000 (17.4%) higher than the average sold price of $766,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom home in Toronto increased by $18,500 (2.5%) compared to the previous 30 day period (December 22 - January 20) and down $156,603 (17.0%) from the same time one year ago.Inventory Change
There were 4 1-bedroom homes listed in Toronto over the last 30 days (January 21 - February 19), which is down 0.0% compared with the previous 30 day period (December 22 - January 20) and down 20.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom homes in Toronto typically sold ($23,359) (3.0%) below asking price over the last 30 days (January 21 - February 19), which represents a $8,459 decrease compared to the previous 30 day period (December 22 - January 20) and $42,883 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 1-bedroom homes in Toronto over the last 30 days (January 21 - February 19) stood at 125.0%, up from 50.0% over the previous 30 days (December 22 - January 20) and up from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom home in Toronto stood at 25 days when successfully sold over the last 30 days (January 21 - February 19), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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