120 Redwater Dr

FOR SALE
$1,049,900
120 Redwater Dr, Etobicoke
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3 + 3
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
8 + 5
ROOMS
W8026486
MLSID
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Property Description
This Charming Starter House Is Perfect For Investors And First-Time Homeowners. The Main Floor Features 2 Full Washrooms And Three Bedrooms, One Of Which Has Access To A Deck Leading To The Large Backyard. Living Room Is Currently Used As A Bedroom But Can Be Changed Back To Living. The Entire House Has Been Freshly Painted From Top To Bottom. The Finished Basement Includes Three Additional Bedrooms With Separate Entrance And Perfect For Additional Income. The House Is Located Just Steps Away From All Amenities, Including A Bus Stop, And The 401. The House Is Move-In Ready And Comes With Lots Of Furniture Included. Garden Shed Is 2 Year Old. New Roofing & Roof Shingles Was Installed November 2023. Driveway Could Park 3-4 Cars.
Property Details
Property Type
Detached, Bungalow
Lot Size
46' x 112'
Fronting
North
Taxes
$3,411 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick, Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain10.76' x 14.50'Laminate
DiningMain8.53' x 10.17'Tile Floor, Window
Prim BdrmMain10.83' x 11.25'Laminate, Closet
2nd BrMain8.92' x 11.09'Laminate, Closet
Etobicoke Market Statistics
Etobicoke Price Trend
120 Redwater Dr is a 3-bedroom 3-bathroom home listed for sale at $1,049,900, which is $327,156 (23.8%) lower than the average sold price of $1,377,056 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom home in Etobicoke increased by $34,715 (2.6%) compared to the previous 30 day period (February 26 - March 26) and down $15,208 (1.1%) from the same time one year ago.
Inventory Change
There were 970 3-bedroom homes listed in Etobicoke over the last 30 days (March 27 - April 25), which is up 13.8% compared with the previous 30 day period (February 26 - March 26) and up 25.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Etobicoke typically sold $79,093 (5.7%) above asking price over the last 30 days (March 27 - April 25), which represents a $8,004 increase compared to the previous 30 day period (February 26 - March 26) and $73,624 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 3-bedroom homes in Etobicoke over the last 30 days (March 27 - April 25) stood at 67.5%, up from 67.3% over the previous 30 days (February 26 - March 26) and down from 75.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Etobicoke stood at 12 days when successfully sold over the last 30 days (March 27 - April 25), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Future Realty Inc.
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