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

16 Glenelia Ave, Toronto, Ontario M2M 2K7

Detached
4 + 2
3
- sqft
$1,900,000
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Detached
4 + 2
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$8,160/mo

Tax Amount (2024)$8,476/yr

Days On Market96 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.


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

Other

2.16 x 1.75

Dining

3.23 x 2.92

Living

5.46 x 3.66

Kitchen

3.23 x 2.59


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 7, 2024
ListedActive
$1,900,000
96 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

52 days

Compared to

2024

29 days

2023

41 days

2022

30 days

New Listings

Past 30 days

49 listings

Compared to

2024

35 listings

2023

22 listings

2022

24 listings

Units sold

Past 30 days

6 units

Compared to

2024

8 units

2023

5 units

2022

8 units

Median Sold Price

Past 30 days

$1,652,500

Compared to

2024

$1,531,750

2023

$1,875,000

2022

$1,788,200


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