83 Drewry Ave
Newtonbrook West, Toronto, M2M 1C9
FOR SALE
$2,745,000
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Property Description
83 and 85 Drewry Properties to be sold together, offering immense potential. Build up to 7 stories and approximately 50,000 sqft. Prime location near top-rated schools, Yonge St., and Finch subway. The area features several townhomes and stacked townhomes on Drewry and nearby. The purchase price includes an adjacent property, providing a prime corner parcel measuring 93.5 x 168 feet. Please note, the vendor does not make any representations regarding future development potential. A planners opinion letter is available upon request.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-19 | 2024-11-04 | 77 | $3,249,400 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
28' x 168'
Fronting
South
Taxes
$6,397 (2023)
Basement
Part Fin
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
None
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Toronto Market Statistics
Toronto Price Trend
83 Drewry Ave is a 2-bedroom 1-bathroom home listed for sale at $2,745,000, which is $1,624,015 (144.9%) higher than the average sold price of $1,120,985 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Toronto increased by $58,129 (5.5%) compared to the previous 30 day period (December 22 - January 20) and up $73,510 (7.0%) from the same time one year ago.Inventory Change
There were 118 2-bedroom homes listed in Toronto over the last 30 days (January 21 - February 19), which is up 61.6% compared with the previous 30 day period (December 22 - January 20) and up 10.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold $34,443 (3.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $44,192 increase compared to the previous 30 day period (December 22 - January 20) and $30,021 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 2-bedroom homes in Toronto over the last 30 days (January 21 - February 19) stood at 50.0%, down from 50.7% over the previous 30 days (December 22 - January 20) and down from 61.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Toronto stood at 21 days when successfully sold over the last 30 days (January 21 - February 19), compared to 83 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
Similar Listings
83 and 85 DrewryProperties to be sold together, offering immense potential. Build up to 7 stories and approximately 50,000 sqft. Prime location near top-rated schools, Yonge St., and Finch subway. The area features several townhomes and stacked townhomes on Drewry and nearby. The purchase price includes an adjacent property, providing a prime corner parcel measuring 93.5 x 168 feet. Please note, the vendor does not make any representations regarding future development potential. A planners opinion letter is available upon request.
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Bennington Heights, where tree-lined streets, sprawling estate lots, and homes with serious presence define one of Torontos most exclusive enclaves. It's a neighbourhood where old-world charm meets new-world ambition, and this property offers a rare opportunity for both. Sitting on a generous, flat lot, this warm, well-loved home is move-in ready with three bedrooms, two fireplaces, and a surprisingly spacious family room. The kitchen is a flashback to retro-cool with strawberry red Snaidero International custom Italian cabinetry. An expanded second floor could turn the primary suite into something truly special - a small-scale renovation with big results. But let's be real, many buyers in this area will be eyeing something much bigger. More. More space for living, for a private drive, big garage, and pool. This lot is primed for that grand statement-home, typical of the neighbourhood. Still, don't be too quick to grab the blueprints. The lush, mature gardens might just charm you into keeping things as they are, at least for a little while. There is a mature Tulip Tree that, when in bloom, transports you to other-worldly visual and olfactory pleasures. Frankly, this house is intoxicating. Plus, the location? Unbeatable. Steps from Bennington Heights Elementary, Evergreen Park, playgrounds, tennis courts, and some of the city's best nature trails (...and ask about the secret sledding hill just a snowball's throw away). Quick access to shopping, transit, and major routes makes life here as convenient as it is coveted. Whether you're looking to settle into a classic or create something spectacular, this is a rare chance to secure a spot in one of Toronto's most in-demand pockets. A slower closing is available to accommodate city applications and builder planning. Dream big - or move right in - either way, you win.
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