16958 Bayview Ave
Central Newmarket, Newmarket, L3Y 6M5
FOR SALE
$950,000
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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
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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
Bayview & Mulock (41)
Property Features
Hospital, Lake/Pond, Public Transit, School
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Property Details
Street
Community
City
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
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Newmarket Market Statistics
Newmarket Price Trend
16958 Bayview Ave is a 3-bedroom 1-bathroom home listed for sale at $950,000, which is $21,593 (2.2%) lower than the average sold price of $971,593 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 3 bedroom home in Newmarket declined by $18,957 (1.9%) compared to the previous 30 day period (September 23 - October 22) and up $63,927 (7.0%) from the same time one year ago.Inventory Change
There were 41 3-bedroom homes listed in Newmarket over the last 30 days (October 23 - November 21), which is down 14.6% compared with the previous 30 day period (September 23 - October 22) and down 19.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Newmarket typically sold ($13,943) (1.4%) below asking price over the last 30 days (October 23 - November 21), which represents a $1,865 decrease compared to the previous 30 day period (September 23 - October 22) and $9,840 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 (October 23 - November 21) stood at 78.0%, up from 66.7% over the previous 30 days (September 23 - October 22) and up from 35.3% 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 32 days when successfully sold over the last 30 days (October 23 - November 21), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Empowered Realty
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