16958 Bayview Ave

FOR SALE
$950,000
16958 Bayview Ave, Newmarket
16958 Bayview Ave
16958 Bayview Ave
16958 Bayview Ave
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
7
ROOMS
N9358535
MLSID
Contact Us
Property Description
Attention Builders and Investors! This home presents a rare opportunity for customization and development, promising significant value maximization. It has impressive lot size with breathtaking views and stunning landscaping. The family room opens onto a spacious deck overlooking an expansive backyard, ideal for outdoor enjoyment. Situated just steps away from transit, Main Street Newmarket, parks, and schools, this location offers unparalleled convenience and accessibility. Don't miss this extraordinary chance to create something truly exceptional! Across the street from Pickering College, Perfect for Cash-flow Rental Unit
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-09 2024-08-15 37 $959,000 - Terminated
2024-03-05 2024-06-20 107 $999,000 - Expired
2021-03-16 2021-03-25 9 $698,000 - Terminated
2020-07-31 2020-08-17 19 $799,000 - Suspended
Nearby Intersections
Property Features
Hospital, Lake/Pond, Public Transit, School
Property Details
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
50' x 175'
Fronting
West
Taxes
$3,996 (2023)
Basement
Crawl Space
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Newmarket Market Statistics
Newmarket Price Trend
16958 Bayview Ave is a 3-bedroom 1-bathroom home listed for sale at $950,000, which is $56,341 (5.6%) lower than the average sold price of $1,006,341 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 3 bedroom home in Newmarket declined by $34,716 (3.3%) compared to the previous 30 day period (August 18 - September 16) and down $8,480 (0.8%) from the same time one year ago.
Inventory Change
There were 58 3-bedroom homes listed in Newmarket over the last 30 days (September 17 - October 16), which is up 31.8% compared with the previous 30 day period (August 18 - September 16) and up 7.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Newmarket typically sold ($14,654) (1.5%) below asking price over the last 30 days (September 17 - October 16), which represents a $7,832 decrease compared to the previous 30 day period (August 18 - September 16) and ($13,470) 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 Newmarket over the last 30 days (September 17 - October 16) stood at 53.4%, down from 79.5% over the previous 30 days (August 18 - September 16) and up from 44.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Newmarket stood at 22 days when successfully sold over the last 30 days (September 17 - October 16), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Empowered Realty
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