545 Binns Ave
Glenway Estates, Newmarket, L3X 1T9
FOR SALE
$1,499,900
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5
BEDROOMS5
BATHROOMS1
KITCHENS10 + 2
ROOMSN8272538
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Property Description
Luxurious 5 Bedrooms Detached Home * On a Premium 59 FT Frontage * 3,857 Sq Ft + Finished Basement W/ Over 5,300 Sq Ft of Living Space * Beautiful Curb Appeal Features Brick Exterior * Backyard Oasis W/ Oversized Powered Deck & Pergola * Situated On A Quiet Avenue In Newmarket's Sought After Glen way Estates Community * No Sidewalk * 3 Car Garage W/ 9 Car Parking On Driveway * Grand Foyer W/ 17 FT Ceilings * Grand Spiral Staircase * Main Floor Office * Custom Chefs Kitchen W/ Stainless Steel Appliances + Gas Stove + Quartz Counters to Backsplash & Quartz Centre Island + Undermount Sink & Breakfast Area Walk Out to Deck * Family Room Features Fireplace + Smooth Ceiling* Functional Layout W/ Formal Dining & Separate Living * Wainscotting & LED Pot lights Thru out * Massive Primary Bedroom W/ Large Walk-In Closet & 6 Pc Spa Like Ensuite Includes Double Vanity + Separate Tub & Stand Up Shower & Bidet * Oversized 5th Bedroom W/ Fireplace * Tastefully Finished Basement W/ LED Pot lights + Large Den & Upgraded 3 PC Bathroom * Walking Distance To*Park*High Ranking School*Public Transit*10 Min to HWY 404&400 * 5 Min to Upper Canada Mall & Go Station * Perfect For All Families!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-15 | 2024-04-08 | 24 | $1,988,000 | - | Terminated |
| 2024-02-14 | 2024-03-15 | 30 | $1,899,000 | - | Terminated |
| 2024-02-14 | 2024-02-25 | 11 | $1,899,000 | - | Suspended |
| 2024-01-19 | 2024-02-14 | 26 | $1,899,000 | - | Terminated |
| 2024-01-19 | 2024-02-08 | 20 | $1,899,000 | - | Suspended |
| 2023-10-26 | 2024-01-19 | 85 | $1,788,000 | - | Terminated |
| 2023-10-26 | 2023-11-12 | 17 | $1,788,000 | - | Suspended |
Extras
New Roof (2023)* New Hardwood Floor Stairs (2024)* New Entrance Door (2024)* Newly Renovated Kitchen (2024)* Finished Basement (2022)
Nearby Intersections
Bathurst & Mulock (13)
Bathurst & Davis (46)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
59' x 120'
Lot Irregularities
120.50 Ft * 37.06Ft X 2204Ft X118.21Ft
Fronting
West
Taxes
$7,879 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
9
Driveway
Available
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.76' x 18.14' | Hardwood Floor, Picture Window |
| Dining | Main | 13.78' x 14.93' | Hardwood Floor, Window |
| Kitchen | Main | 8.83' x 13.85' | Stainless Steel Appl, Quartz Counter, Backsplash |
| Breakfast | Main | 10.89' x 19.55' | Tile Floor, W/O To Deck, California Shutters |
| Family | Main | 11.88' x 18.50' | Hardwood Floor, Fireplace, Pot Lights |
| Office | Main | 11.94' x 11.98' | Hardwood Floor, Window |
| Prim Bdrm | 2nd | 18.86' x 20.18' | Hardwood Floor, 6 Pc Ensuite, W/I Closet |
| 2nd Br | 2nd | 17.06' x 17.81' | Hardwood Floor, Fireplace, Window |
| 3rd Br | 2nd | 10.37' x 12.30' | Hardwood Floor, Closet, Window |
| 4th Br | 2nd | 11.25' x 12.99' | Hardwood Floor, Closet, Window |
| 5th Br | 2nd | 11.45' x 13.94' | Hardwood Floor, Closet, Window |
| Rec | Bsmt | 13.45' x 33.63' | Laminate, Pot Lights |
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Newmarket Market Statistics
Newmarket Price Trend
545 Binns Ave is a 5-bedroom 5-bathroom home listed for sale at $1,499,900, which is $488,700 (24.6%) lower than the average sold price of $1,988,600 in the last 30 days (April 6 - May 5). During the last 30 days the average sold price for a 5 bedroom home in Newmarket increased by $184,100 (10.2%) compared to the previous 30 day period (March 7 - April 5) and up $413,600 (26.3%) from the same time one year ago.Inventory Change
There were 8 5-bedroom homes listed in Newmarket over the last 30 days (April 6 - May 5), which is down 20.0% compared with the previous 30 day period (March 7 - April 5) and up 700.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Newmarket typically sold ($61,155) (3.1%) below asking price over the last 30 days (April 6 - May 5), which represents a $8,345 increase compared to the previous 30 day period (March 7 - April 5) and ($19,888) 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 5-bedroom homes in Newmarket over the last 30 days (April 6 - May 5) stood at 62.5%, up from 40.0% over the previous 30 days (March 7 - April 5) and down from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Newmarket stood at 27 days when successfully sold over the last 30 days (April 6 - May 5), compared to 48 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Eagle Realty Inc.
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