7 Elderidge Ave
Stonegate-Queensway, Etobicoke, M8Y 2C4
FOR SALE
$2,595,000

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Property Description
Stunning family residence located in the highly desirable Sunnylea community on a premium 54 foot wide lot. This home boasts 3+2 bedrooms and offers more than 3,300 square feet of comfortable living space. On the upper level, you'll discover a generous primary suite featuring a spacious walk-through closet and an ensuite bathroom, along with two additional well-sized bedrooms, a large five-piece main bathroom, separate laundry room and a bright den that can easily be transformed into an extra bedroom. The main floor showcases a living room with a bay window and a cozy gas fireplace, a dining area, and separate den and office spaces that could serve as additional bedrooms. The inviting kitchen overlooks a picturesque backyard retreat, perfect for outdoor entertaining, complete with a built-in gas barbecue and countertop/bar space. The roomy basement is equipped with a full bathroom, a wet bar, a recreation room with another gas fireplace, a gym/office, and two ample storage rooms. The private backyard paradise, designed and constructed by Solda Pools, features a saltwater pool with fountain and an integrated hot tub for year-round enjoyment, along with an irrigation system, lighting, cedar pool shed, custom tool shed with built-in stainless cupboards/work benches and beautifully crafted exposed aggregate walkways and driveway. Less than 15 minute drive to downtown, steps to top rated schools, TTC, the Kingsway restaurants and all amenities on Bloor St.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
54' x 98'
Acreage
< .50
Fronting
South
Taxes
$9,685 (2024)
Basement
Finished
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
2
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.84' x 16.80' | |
Dining | Main | 9.91' x 10.01' | |
Kitchen | Main | 15.58' x 13.88' | |
Breakfast | Main | 7.94' x 14.17' | |
Family | Main | 11.12' x 12.53' | |
Office | 2nd | 8.76' x 11.65' | |
Prim Bdrm | 2nd | 11.55' x 13.32' | |
2nd Br | 2nd | 11.68' x 12.86' | |
3rd Br | 2nd | 10.01' x 11.58' | |
Den | 2nd | 9.15' x 15.85' | |
Laundry | 2nd | 4.59' x 9.22' | |
Rec | Bsmt | 26.25' x 36.06' |
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Etobicoke Market Statistics
Etobicoke Price Trend
7 Elderidge Ave is a 3-bedroom 4-bathroom home listed for sale at $2,595,000, which is $1,302,402 (100.8%) higher than the average sold price of $1,292,598 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Etobicoke increased by $71,412 (5.8%) compared to the previous 30 day period (December 22 - January 20) and down $8,210 (0.6%) from the same time one year ago.Inventory Change
There were 676 3-bedroom homes listed in Etobicoke over the last 30 days (January 21 - February 19), which is up 105.5% compared with the previous 30 day period (December 22 - January 20) and up 23.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Etobicoke typically sold $27,264 (2.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $35,980 increase compared to the previous 30 day period (December 22 - January 20) and $32,657 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 3-bedroom homes in Etobicoke over the last 30 days (January 21 - February 19) stood at 52.8%, down from 53.2% over the previous 30 days (December 22 - January 20) and down from 73.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Etobicoke stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Professionals Inc.
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