16 Guiness Ave

FOR SALE
$949,000
16 Guiness Ave, Etobicoke
16 Guiness Ave
16 Guiness Ave
16 Guiness Ave
16 Guiness Ave
16 Guiness Ave
16 Guiness Ave
16 Guiness Ave
16 Guiness Ave
16 Guiness Ave
16 Guiness Ave
16 Guiness Ave
16 Guiness Ave
16 Guiness Ave
16 Guiness Ave
16 Guiness Ave
16 Guiness Ave
16 Guiness Ave
16 Guiness Ave
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
4 + 2
ROOMS
W11897179
MLSID
Contact Us
Property Description
Welcome to 16 Guinness Ave, a rare 4-bedroom home in one of Etobicoke's established neighborhoods, being sold "as is" by the late owner's estate. Home and backyard garden were lovingly cared for by the owners until 'senior citizenship' took over. This property offers incredible potential for buyers seeking a fixer-upper or professional renovators looking to flip a home in time for the spring market, when prices are expected to rise. The main level features 4 bedrooms, an unusual find in this area, along with 1 bathroom, while the basement includes a second bathroom and 3 large rooms finished decades ago to the original owner's taste. Neither the estate nor the listing brokerage make any representations or offer warranties regarding the building, appliances, chattels, fixtures or any part of the building itself. Priced for a quick sale with a preferred quick closing, this is a unique opportunity to transform a classic home and maximize its value.
Extras
Newer furnace - 2022.
Nearby Intersections
Property Features
Fenced Yard, Public Transit
Property Details
Property Type
Detached, Bungalow
Lot Size
46' x 121'
Acreage
< .50
Fronting
West
Taxes
$3,712 (2024)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Carport
Room Summary
RoomLevelSizeFeatures
LivingMain14.99' x 11.32'Combined W/Dining, Hardwood Floor
DiningMain9.84' x 11.48'Combined W/Living, Hardwood Floor
KitchenMain10.50' x 10.83'W/O To Yard
BrMain10.83' x 11.68'Hardwood Floor
2nd BrMain11.68' x 7.32'Hardwood Floor
3rd BrMain11.15' x 11.68'Hardwood Floor
4th BrMain11.68' x 11.15'Hardwood Floor
Etobicoke Market Statistics
Etobicoke Price Trend
16 Guiness Ave is a 4-bedroom 2-bathroom home listed for sale at $949,000, which is $945,045 (49.9%) lower than the average sold price of $1,894,045 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 4 bedroom home in Etobicoke increased by $14,025 (0.7%) compared to the previous 30 day period (October 22 - November 20) and down $123,061 (6.1%) from the same time one year ago.
Inventory Change
There were 287 4-bedroom homes listed in Etobicoke over the last 30 days (November 21 - December 20), which is down 47.3% compared with the previous 30 day period (October 22 - November 20) and up 33.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Etobicoke typically sold ($41,072) (2.2%) below asking price over the last 30 days (November 21 - December 20), which represents a $5,904 decrease compared to the previous 30 day period (October 22 - November 20) and ($80,321) 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 4-bedroom homes in Etobicoke over the last 30 days (November 21 - December 20) stood at 67.9%, up from 53.4% over the previous 30 days (October 22 - November 20) and down from 84.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Etobicoke stood at 33 days when successfully sold over the last 30 days (November 21 - December 20), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Wynter Inc.
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