1294 OLD ORCHARD Ave

FOR SALE
$1,188,000
1294 OLD ORCHARD Ave, Pickering
1294 OLD ORCHARD Ave
1294 OLD ORCHARD Ave
1294 OLD ORCHARD Ave
1294 OLD ORCHARD Ave
1294 OLD ORCHARD Ave
1294 OLD ORCHARD Ave
1294 OLD ORCHARD Ave
1294 OLD ORCHARD Ave
1294 OLD ORCHARD Ave
1294 OLD ORCHARD Ave
1294 OLD ORCHARD Ave
1294 OLD ORCHARD Ave
1294 OLD ORCHARD Ave
1294 OLD ORCHARD Ave
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3 + 2
BEDROOMS
3
BATHROOMS
2
KITCHENS
4 + 2
ROOMS
E9283169
MLSID
Contact Us
Property Description
Discover one of the most exceptional and expansive lots in Bay Ridges, offering unrivaled potential for development and investment. This generous 50 x 281 foot property, one of the largest and deepest in the area, is ideally situated near Frenchman's Bay, with easy access to the beach, marina, restaurants, and the charming nautical village. Whether you're looking for a spacious residence with ample parking, envisioning a large plaza, a self-storage facility, or a substantial residential development, this prime location is perfect for any venture. Capitalize on the opportunity to combine this lot with neighboring properties for even greater possibilities.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-13 2024-08-28 76 $1,788,000 - Terminated
2020-08-31 2020-09-26 26 $799,990 $780,000 Sold
2020-08-24 2020-08-31 7 $899,900 - Terminated
Extras
Listing is for only 1294 OLD ORCHARD AVE. Combine with neighboring lots to create a large land assembly. Live in the home, build in the back or redevelop with assembly. Tons of opportunity. Enjoy the Land by the lake!
Property Details
Community
Property Type
Detached, Bungalow-Raised
Lot Size
50' x 281'
Fronting
North
Taxes
$5,862 (2024)
Basement
Finished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
None
Pickering Market Statistics
Pickering Price Trend
1294 OLD ORCHARD Ave is a 3-bedroom 3-bathroom home listed for sale at $1,188,000, which is $239,954 (25.3%) higher than the average sold price of $948,046 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 3 bedroom home in Pickering declined by $98,560 (9.4%) compared to the previous 30 day period (September 22 - October 21) and up $2,595 (0.3%) from the same time one year ago.
Inventory Change
There were 48 3-bedroom homes listed in Pickering over the last 30 days (October 22 - November 20), which is down 5.9% compared with the previous 30 day period (September 22 - October 21) and up 6.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Pickering typically sold ($2,758) (0.3%) below asking price over the last 30 days (October 22 - November 20), which represents a $12,068 decrease compared to the previous 30 day period (September 22 - October 21) and ($11,215) more 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 Pickering over the last 30 days (October 22 - November 20) stood at 85.4%, up from 58.8% over the previous 30 days (September 22 - October 21) and up from 68.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Pickering stood at 17 days when successfully sold over the last 30 days (October 22 - November 20), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty
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