FOR SALE
$4,999,000
11 Gibson Ave, Etobicoke
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
11 Gibson Ave
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11 Gibson Ave
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5 + 2
BEDROOMS
4
BATHROOMS
4
KITCHENS
7 + 2
ROOMS
W8213534
MLSID
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Property Description
2.34 acres situated amongst quaint residential in mature treed, Old Thistletown. - endless opportunity exists to create a masterpiece on this truly one-of-a-kind canvas. Muskoka-like feel just minutes to the city. Perched atop Islington and Albion, south east exposure provides unobstructed views of Toronto skyline. Single family stone dwelling and detached double garage. Huge potential to add density - all developers and investors welcome. Survey avail. 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
Nearby Intersections
Property Details
Property Type
Detached, 2-Storey
Lot Size
202' x 374'
Fronting
East
Taxes
$7,842 (2023)
Basement
None
Exterior
Stone
Heat Type
Other
Heat Source
Other
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
Detached
Etobicoke Market Statistics
Etobicoke Price Trend
11 Gibson Ave is a 5-bedroom 4-bathroom home listed for sale at $4,999,000, which is $2,275,857 (83.6%) higher than the average sold price of $2,723,143 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 5 bedroom home in Etobicoke increased by $371,687 (15.8%) compared to the previous 30 day period (February 29 - March 29) and down $96,925 (3.4%) from the same time one year ago.
Inventory Change
There were 132 5-bedroom homes listed in Etobicoke over the last 30 days (March 30 - April 28), which is up 18.9% compared with the previous 30 day period (February 29 - March 29) and up 20.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Etobicoke typically sold ($32,410) (1.2%) below asking price over the last 30 days (March 30 - April 28), which represents a $21,076 decrease compared to the previous 30 day period (February 29 - March 29) and $1,826 less 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 (March 30 - April 28) stood at 40.9%, down from 51.4% over the previous 30 days (February 29 - March 29) and down from 65.5% 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 15 days when successfully sold over the last 30 days (March 30 - April 28), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty
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