399 Lake Promenade

FOR SALE
$3,495,000
399 Lake Promenade, Etobicoke
399 Lake Promenade
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
W9363066
MLSID
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Property Description
Rarely Offered Waterfront Dream Home In Toronto! Wake Up To The Waves Outside Your Window & Enjoy A Morning Coffee On Your Balcony While Soaking In The Lake Views! Take A Bike Ride Along The Shore On Your Coveted New Street Lined W/ Multi-Million Dollar Estates, Mature Trees, Winding Roads & Lakeside Parks! Easily Commute Downtown W/ Access To Major Arteries & Walking Distance To Long Branch GO Station. Stop By Local Shops/Cafes/Restos On An Enchanting Neighbourhood Stroll. Return Home To Admire Breathtaking Views Of The Sunset Over The Horizon From South-Facing Windows In This Beautifully Renovated ($400k+ In Upgrades) Open Concept Main-Floor Layout Ideal For Entertaining Your Family Or Guests. And When Its Time To Retire Back Upstairs To Your Enviable Primary Bedroom You Can Rest & Relax In Your Soaker Tub Gazing Out The Window Upon The Stars Glistening Over Lake Ontario! Your New Home On The Lake Provides Views That Are Completely Awe-Inspiring As Well As A Lakeside Lifestyle That Is Truly Magical! 399 LAKE PROM Is Unbelievable! Carson Dunlop Pre-List Inspection Report, Virtual Tour, List Of Upgrades & More Info Available.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-24 2024-09-23 61 $3,795,000 - Terminated
2024-07-08 2024-07-24 16 $3,995,000 - Terminated
2024-06-17 2024-07-08 21 $3,995,000 - Terminated
Extras
Your Incredible New Lifestyle Awaits! Waterfront Homes W/ Riparian Rights Rarely Become Available For Sale So Don't Let This Opportunity Drift By! Life Is So Much Cooler By The Lake!
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
50' x 160'
Fronting
South
Taxes
$12,589 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain11.88' x 18.04'
DiningMain17.55' x 8.17'
KitchenMain18.24' x 11.09'
OfficeMain15.26' x 10.73'
Prim Bdrm2nd13.75' x 17.39'
2nd Br2nd9.38' x 12.50'
3rd Br2nd11.75' x 10.79'
Etobicoke Market Statistics
Etobicoke Price Trend
399 Lake Promenade is a 4-bedroom 3-bathroom home listed for sale at $3,495,000, which is $1,590,943 (83.6%) higher than the average sold price of $1,904,057 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Etobicoke declined by $84,958 (4.3%) compared to the previous 30 day period (September 21 - October 20) and down $159,815 (7.7%) from the same time one year ago.
Inventory Change
There were 546 4-bedroom homes listed in Etobicoke over the last 30 days (October 21 - November 19), which is down 22.7% compared with the previous 30 day period (September 21 - October 20) and up 20.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Etobicoke typically sold ($35,760) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $7,729 decrease compared to the previous 30 day period (September 21 - October 20) and ($76,652) 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 (October 21 - November 19) stood at 54.6%, up from 40.1% over the previous 30 days (September 21 - October 20) and up from 47.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Etobicoke stood at 22 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Referred Urban Realty
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