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Property Description
Welcome to 431 Sheppard Ave, a great find in a highly sought-after location for new builds! This expansive property consists of a massive 175-foot frontage, offering incredible potential for investors, contractors and builders alike.The existing structure features a 2-car garage and workshop, but the interior is in need of repairs, updates, and renovations making it an ideal project for those looking to customize or tear down and completely rebuild in its entirety. Whether you choose to restore, renovate, or tear down and construct new, this property presents endless possibilities in a thriving neighbourhood. Property being sold in "AS IN" condition. Seller makes no express representation or warranties of any kind.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-30 | 2024-12-31 | 64 | $775,000 | - | Expired |
| 2024-04-18 | 2024-10-01 | 166 | $899,999 | - | Expired |
| 2023-11-28 | 2024-01-31 | 64 | $799,999 | - | Expired |
| 2022-07-03 | 2022-09-07 | 66 | $1,400,000 | - | Terminated |
| 2022-04-11 | 2022-07-02 | 82 | $1,700,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
176' x 56'
Fronting
South
Taxes
$5,292 (2024)
Basement
Crawl Space
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Pickering Market Statistics
Pickering Price Trend
431 Sheppard Ave is a 4-bedroom 1-bathroom home listed for sale at $749,000, which is $583,095 (43.8%) lower than the average sold price of $1,332,095 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Pickering increased by $57,301 (4.5%) compared to the previous 30 day period (November 19 - December 18) and up $111,120 (9.1%) from the same time one year ago.Inventory Change
There were 18 4-bedroom homes listed in Pickering over the last 30 days (December 19 - January 17), which is down 59.1% compared with the previous 30 day period (November 19 - December 18) and down 18.2% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Pickering typically sold ($32,590) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $26,870 decrease compared to the previous 30 day period (November 19 - December 18) and ($48,305) 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 4-bedroom homes in Pickering over the last 30 days (December 19 - January 17) stood at 116.7%, up from 77.3% over the previous 30 days (November 19 - December 18) and up from 90.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 1-bathroom home in Pickering stood at 51 days when successfully sold over the last 30 days (December 19 - January 17), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Urban Landmark Realty Inc
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