58 Mendota Rd

FOR SALE
$988,000
58 Mendota Rd, Etobicoke
58 Mendota Rd
58 Mendota Rd
58 Mendota Rd
58 Mendota Rd
58 Mendota Rd
58 Mendota Rd
58 Mendota Rd
58 Mendota Rd
58 Mendota Rd
58 Mendota Rd
58 Mendota Rd
58 Mendota Rd
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4 + 2
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
12 + 3
ROOMS
W9370197
MLSID
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Property Description
Located in the highly sought-after and rapidly developing community of Stonegate-Queensway, this home is a fantastic opportunity for savvy buyers. Whether you're looking for a personal residence, investment property, or a place to build equity quickly through a live-and-rent strategy, this house ticks all the boxes. It features strong bones, separate meters, and multiple access points, making it ideal for flexible living arrangements or rental income. Just a short walk from schools, playgrounds, public transit, and popular local shops and bakeries, this property is a must-see!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-17 2024-09-26 9 $988,000 - Terminated
Nearby Intersections
Property Details
Property Type
Detached, 2-Storey
Lot Size
31' x 99'
Fronting
North
Taxes
$4,170 (2024)
Basement
Finished
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
None
Etobicoke Market Statistics
Etobicoke Price Trend
58 Mendota Rd is a 4-bedroom 3-bathroom home listed for sale at $988,000, which is $951,872 (49.1%) lower than the average sold price of $1,939,872 in the last 30 days (August 28 - September 26). During the last 30 days the average sold price for a 4 bedroom home in Etobicoke declined by $68,494 (3.4%) compared to the previous 30 day period (July 29 - August 27) and down $128,243 (6.2%) from the same time one year ago.
Inventory Change
There were 774 4-bedroom homes listed in Etobicoke over the last 30 days (August 28 - September 26), which is up 130.4% compared with the previous 30 day period (July 29 - August 27) and up 15.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Etobicoke typically sold ($27,588) (1.4%) below asking price over the last 30 days (August 28 - September 26), which represents a $28,199 increase compared to the previous 30 day period (July 29 - August 27) and ($472) 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 4-bedroom homes in Etobicoke over the last 30 days (August 28 - September 26) stood at 28.4%, down from 60.7% over the previous 30 days (July 29 - August 27) and down from 32.0% 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 24 days when successfully sold over the last 30 days (August 28 - September 26), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage West Realty Group Ltd.
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