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Property Description
Welcome to an extraordinary offering in one of Thornhill's most sought-after neighborhoods. Nestled in an exclusive cul de sac, this stunning, mature ravine lot backs onto a serene, private setting with a gentle stream flowing through, evoking a peaceful, cottage-like atmosphere. Surrounded by multi-million dollar estates, this premium lot offers unparalleled privacy and natural beauty, graced by mature trees and lush greenery. It's the perfect canvas to build your custom dream home, with permits ready for a spectacular 2-storey modern residence, approximately 5,000 sq ft. This is a unique opportunity to create a luxurious retreat in an elite Thornhill location, near Bayview & Steeles, while enjoying the tranquility of park-like surroundings. Don't miss your chance to invest in this rare gem, ideal for those seeking a prestigious address combined with the serenity of nature.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-16 | 2024-07-16 | 91 | $1,898,800 | - | Terminated |
| 2024-04-16 | 2024-05-24 | 38 | $1,898,800 | $1,839,000 | Sold |
| 2023-05-24 | 2023-08-31 | 99 | $1,888,000 | - | Expired |
| 2021-05-21 | 2021-06-09 | 19 | $1,680,000 | $1,540,000 | Sold |
| 2021-04-22 | 2021-05-21 | 29 | $1,780,000 | - | Terminated |
| 2019-02-10 | 2019-03-08 | 26 | $1,480,000 | $1,250,000 | Sold |
Nearby Intersections
Bayview & John (56)
Bayview & Steeles (11)
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
3500-5000
Lot Size
74' x 162'
Fronting
East
Taxes
$8,695 (2023)
Basement
Crawl Space, None
Exterior
Alum Siding, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Pool
Inground
Parking Spaces
2
Driveway
Available
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 12.99' x 25.00' | |
| Dining | Ground | 12.01' x 12.99' | |
| Family | Ground | 18.11' x 20.11' | |
| Kitchen | Ground | 12.01' x 14.34' | |
| 2nd Br | Ground | 12.01' x 12.01' | |
| 3rd Br | Ground | 10.01' x 2.17' | |
| Prim Bdrm | Ground | 12.99' x 14.01' |
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Thornhill Market Statistics
Thornhill Price Trend
51 Sprucewood Dr is a 3-bedroom 2-bathroom home listed for sale at $1,898,800, which is $596,748 (45.8%) higher than the average sold price of $1,302,052 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 3 bedroom home in Thornhill declined by $10,431 (0.8%) compared to the previous 30 day period (October 3 - November 1) and down $118,422 (8.3%) from the same time one year ago.Inventory Change
There were 66 3-bedroom homes listed in Thornhill over the last 30 days (November 2 - December 1), which is down 17.5% compared with the previous 30 day period (October 3 - November 1) and up 20.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Thornhill typically sold $76,718 (5.9%) above asking price over the last 30 days (November 2 - December 1), which represents a $38,989 increase compared to the previous 30 day period (October 3 - November 1) and $10,958 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 Thornhill over the last 30 days (November 2 - December 1) stood at 53.0%, down from 63.7% over the previous 30 days (October 3 - November 1) and down from 74.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Thornhill stood at 22 days when successfully sold over the last 30 days (November 2 - December 1), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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