Frontside or backside of a home, cottage for 16 Glenelia Ave, Toronto Ontario M2M 2K7
136 days on Market

16 Glenelia Ave, Toronto, Ontario M2M 2K7

Detached
4 + 2
3
- sqft
$1,840,000
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Detached
4 + 2
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$7,902/mo

Tax Amount (2024)$8,476/yr

Days On Market136 days


Description

Located in the prestigious Willowdale neighbourhood, this spacious two-story home sits on a large 60 x 125 ft lot and offers a prime opportunity for home buyers, investors, or builders. The property includes 4 bedrooms on the second floor and a walk-out basement unit, both currently tenanted, making it perfect for those looking to supplement their mortgage with rental income or for investors seeking a stable revenue stream.The family room on the main floor includes a fireplace, and the layout is designed to maximize natural light throughout.With easy access to TTC, shopping, parks, and highly-ranked schools, this property offers both convenience and flexibility. Builders will also appreciate the large lot for future development opportunities. This is a rare find in a sought-after neighbourhood. **EXTRAS** Unknown


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size7,512 SqFt(125.07 x 60.07)
Parking Spaces4
MLS ®NumberC9387691
Community NameNewtonbrook
Data SourceTRREB
Listing byGATE REAL ESTATE INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Fin W/O

Main Floor

Dining

3.23 x 2.92

Living

5.46 x 3.66

Kitchen

3.23 x 2.59

Other

2.16 x 1.75


Features

Lot size: 7,512 SqFt

Parking

Garage spaces 2

Garage type Built-In

Other parking spaces 2

Total parking spaces 4


Property History

Oct 8, 2024
ListedActive
$1,840,000
136 days on market
history photo preview13
Listing by trreb®
Property listed by GATE REAL ESTATE INC., Brokerage

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Market Data - Newtonbrook

Geo Zone Map ThumbnailNewtonbrook

Strong Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

36 days

Compared to

2024

39 days

2023

13 days

2022

13 days

New Listings

Past 30 days

78 listings

Compared to

2024

47 listings

2023

22 listings

2022

27 listings

Units sold

Past 30 days

6 units

Compared to

2024

11 units

2023

12 units

2022

18 units

Median Sold Price

Past 30 days

$1,572,500

Compared to

2024

$1,650,100

2023

$1,536,000

2022

$1,857,500


Population and Demographics

Overview

Total population 26506
Average household income $115,710

Age (%)

65 and plus
22%
20 to 34
22%
50 to 64
21%
35 to 49
19%
0 to 19
15%

Household composition (%)

Single family
62%
Single person
28%
Multi person
8%
Multi family
2%

Mother tongue (%)

English
34%
Iranian Persian
13%
Korean
9%
Mandarin
8%
Tagalog (Pilipino, Filipino)
8%
Russian
8%
Yue (Cantonese)
5%
Others
3%
Spanish
2%
Italian
2%

House tenancy (%)

Owners
53%
Renters
47%

Schools and amenities

Estimated Budget