11 Gibson Ave

Annex, Etobicoke, M9V 2S5
FOR SALE
$4,750,000
11 Gibson Ave, Etobicoke
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
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5 + 2
BEDROOMS
4
BATHROOMS
2
KITCHENS
7 + 2
ROOMS
C10442774
MLSID
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Property Description
Attention Builders/developers!! Nestled at the prime intersection of Islington & Albion, thisremarkable property boasts a rare 2.34-acre parcel of land with a Southeast exposure, offeringbreathtaking, unobstructed views of the Toronto skyline. Situated in a charming residentialneighborhood characterized by mature, tree-lined streets, this property presents anunparalleled opportunity for development or investment. With dimensions of 202.24 feet by374.06 feet, the expansive lot provides endless possibilities. Imagine crafting individualluxury homes, designing a grand urban estate, or creating a multi-residential building thattakes full advantage of its unique canvas and strategic location. Currently, the propertyfeatures a single-family home accompanied by a detached double-car garage, allowing forimmediate use or rental potential while plans are being finalized. Whether you envision aluxurious retreat, a thriving residential community, or an architecturally significant project,this property is a one-of-a-kind opportunity in the heart of a thriving neighborhood. Seize thechance to bring your vision to life on this spectacular property where potential truly meetspossibility. TRCA coverage.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-11-29 2024-03-19 111 $5,500,000 - Expired
2024-04-08 2024-05-08 30 $4,999,000 $4,400,000 Sold
Nearby Intersections
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
202' x 374'
Fronting
East
Taxes
$8,419 (2024)
Basement
Apartment
Exterior
Stone
Heat Type
Other
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
Etobicoke Market Statistics
Etobicoke Price Trend
11 Gibson Ave is a 5-bedroom 4-bathroom home listed for sale at $4,750,000, which is $1,935,060 (68.7%) higher than the average sold price of $2,814,940 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 5 bedroom home in Etobicoke declined by $105,122 (3.6%) compared to the previous 30 day period (September 24 - October 23) and down $18,534 (0.7%) from the same time one year ago.
Inventory Change
There were 103 5-bedroom homes listed in Etobicoke over the last 30 days (October 24 - November 22), which is down 36.8% compared with the previous 30 day period (September 24 - October 23) and up 3.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Etobicoke typically sold ($98,774) (3.5%) below asking price over the last 30 days (October 24 - November 22), which represents a $21,636 decrease compared to the previous 30 day period (September 24 - October 23) and ($111,119) more 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 5-bedroom homes in Etobicoke over the last 30 days (October 24 - November 22) stood at 68.9%, up from 31.9% over the previous 30 days (September 24 - October 23) and up from 38.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Etobicoke stood at 32 days when successfully sold over the last 30 days (October 24 - November 22), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Professionals Inc.
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