$1,298,800
For sale: Detached

Outstanding opportunity in prime Junction! **Approved and rare oversized lot with opportunity to build 2 fourplexes side by side on each 16 ft lot, with plans in place. Lots 661A and 661B severance approval notice of decision is complete** Spacious bungalow, great for handy end user or renovator/investor. Solid brick bungalow on 32' x 154' lot, offering rare oversized frontage and depth, along with a private driveway and a detached two-car garage. Ideal for investors or first-time home buyers. Ideal for builder to build to fourplex units side by side or go back in to city to modify plans to make single family homes side by side on 16 ft lots. Severance is approved by city. Seller has paid all planner cost, severance cost, survey and various other city fees. Buyer to pay development charges when build takes place *dwelling and property in as is condition.
Sold data
Detached homes in Toronto (Runnymede-Bloor West Village) took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 39, across 1,852 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.
The median sale price was $1,199,000.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 24% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 1,852 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Runnymede-Bloor West Village) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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