85 Drewry Ave
Newtonbrook West, North York, M2M 1C8
FOR SALE
$2,745,000

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BEDROOMS1
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Property Description
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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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-08-19 | 2024-11-04 | 77 | $3,249,400 | - | Terminated |
2020-06-12 | 2020-11-06 | 147 | $4,998,000 | $2,875,000 | Sold |
2019-07-13 | 2019-09-12 | 61 | $1,999,000 | $1,375,000 | Sold |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
66' x 168'
Fronting
South
Taxes
$6,311 (2023)
Basement
Part Fin
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Other
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North York Market Statistics
North York Price Trend
85 Drewry Ave is a 1-bedroom 1-bathroom home listed for sale at $2,745,000, which is $1,979,000 (258.4%) 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 North York increased by $18,500 (2.5%) compared to the previous 30 day period (December 22 - January 20) and down $156,603 (17.0%) from the same time one year ago.Inventory Change
There were 4 1-bedroom homes listed in North York over the last 30 days (January 21 - February 19), which is down 0.0% compared with the previous 30 day period (December 22 - January 20) and down 20.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom homes in North York 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 North York 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 1-bathroom home in North York 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 Re/Max Hallmark Realty Ltd.
Similar Listings
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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Medical Office In The Heart Of North York Prime Location! Freestanding Mixed Use Building, Great Investment Property With Future Redevelopment Potential With Excellent Street Appeal And Exceptional Exposure. available for immediate occupancy. Professionally managed and meticulously maintained 12 Exam Rooms/Offices, 2 Washrooms And kitchen +12 parking, ideal for all professional uses including lawyers, doctors, dental, chiropractors, real estate office, accounting, pharmacy, etc.
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