Re-listed 57 days ago

8882 Highway 89, Adjala-Tosorontio, Ontario L9R 1V1

Detached
4 + 4
4
~2500-3000 sqft
$•••,•••
$2,199,999
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Detached
4 + 4
4
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$806/sqft

Est. Mortgage$9,448/mo

Tax Amount (2024)$7,155/yr

Days On Market57 days

Total Days On Market177 days


Description

Two-in-One Opportunity: Residential and Business Potential. Discover the perfect blend of luxury living and business opportunity on this exceptional 3.22-acre property. This expansive bungalow features 9-ft ceilings on both the main floor and the walk-out lower level, creating an inviting atmosphere of space and sophistication. The grand foyer welcomes you with high ceilings and an open-concept layout, offering separate living and family rooms for ultimate functionality. The gourmet kitchen boasts stainless steel appliances, hardwood floors, and ample space for entertaining. The master suite is a serene retreat with a spa-like ensuite and countryside views. Three additional bedrooms with large closets and oversized windows flood the interiors with natural light. The finished walk-out basement includes 4 bedrooms, 2 kitchens, and multiple living areas, making it ideal for rental income or multi-generational living. A 3-car garage complements the home, while an impressive 2,800 sq. ft. addition operates as a thriving party hall, perfect for continuing as an event venue or repurposing to meet your unique needs. Outside, the 3.22 acres of flat land offer incredible potential for future development, while a covered garage area adds further flexibility.


Property Details

StyleBungalow
View-
Age of property16-30
SqFt~2500-3000 SqFt
Lot Size381,839 SqFt(668.44 x 571.24)
Parking Spaces29
MLS ®NumberN12075300
Community NameAdjala-Tosorontio
Data SourceTRREB
Listing byELIXIR REAL ESTATE INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished

Main Floor

Kitchen

6.28 x 3.74

hardwood floor / Granite Counter / Stainless Steel Appl

Great Rm

6.28 x 4.74

hardwood floor / California Shutters / 2 Way Fireplace

Dining

3.74 x 3.67

hardwood floor / W/O To Patio / O/Looks Backyard

Primary

4.64 x 4.86

Laminate / 5 Pc Ensuite / His/Hers Closets


Features

Lot size: 381,839 SqFt

Parking

Garage spaces 12

Garage type Attached

Other parking spaces 17

Total parking spaces 29


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
57 days on market
history photo preview30
Listing by trreb®
Property listed by ELIXIR REAL ESTATE INC., Brokerage

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Market Data - Adjala-Tosorontio

Geo Zone Map ThumbnailAdjala-Tosorontio

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

45 days

Compared to

2024

31 days

2023

28 days

2022

10 days

New Listings

Past 30 days

61 listings

Compared to

2024

44 listings

2023

45 listings

2022

63 listings

Units sold

Past 30 days

15 units

Compared to

2024

20 units

2023

21 units

2022

16 units

Median Sold Price

Past 30 days

$1,150,000

Compared to

2024

$984,500

2023

$993,000

2022

$1,225,000


Population and Demographics

Overview

Total population 11566
Average household income $144,716

Age (%)

50 to 64
27%
0 to 19
22%
35 to 49
18%
65 and plus
17%
20 to 34
16%

Household composition (%)

Single family
79%
Single person
18%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
89%
Others
5%
Italian
3%
Portuguese
1%
French
1%

House tenancy (%)

Owners
93%
Renters
7%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget