14547 Highway 48
FOR SALE
$10,000,000
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BEDROOMS1
BATHROOMS1
KITCHENS4
ROOMSN8074726
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Property Description
Rare Opportunity to own 93 Acres on Highway 48. Ten Minutes to Stouffville and just South of Ballantrae. 4000 Sq Ft Truck Garage, Small House, Mobile Trailer/Office. Includes Existing Business (Stoney Ridge Industries - Open Space Storage) Fronting on Highway 48, North of Bloomington. Major Road Exposures. Do Not Walk The Property Without an Appointment and the Listing Agent and/or The Owner in Attendance. This Property Is Ideal For Land Banking. Development North and South
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-04-12 | 2023-07-12 | 92 | $9,900,000 | - | Expired |
Extras
To Satisfy Themselves On Uses
Property Features
Grnbelt/Conserv, Lake/Pond, Part Cleared, River/Stream
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Property Details
Street
Community
Property Type
Detached, Other
Lot Size
1,359' x 2,989'
Acreage
50-99.99
Lot Irregularities
93.25 Acres
Fronting
East
Taxes
$9,906 (2023)
Basement
None
Exterior
Metal/Side
Heat Type
Other
Heat Source
Other
Air Conditioning
None
Water
Well
Parking Spaces
12
Driveway
Private
Garage Type
Detached
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Whitchurch-Stouffville Market Statistics
Whitchurch-Stouffville Price Trend
14547 Highway 48 is a 2-bedroom 1-bathroom home listed for sale at $10,000,000, which is $8,699,000 (668.6%) higher than the average sold price of $1,301,000 in the last 30 days (April 6 - May 5). During the last 30 days the average sold price for a 2 bedroom home in Whitchurch-Stouffville declined by $258,000 (16.5%) compared to the previous 30 day period (March 7 - April 5) and down $94,000 (6.7%) from the same time one year ago.Inventory Change
There were 21 2-bedroom homes listed in Whitchurch-Stouffville over the last 30 days (April 6 - May 5), which is up 200.0% compared with the previous 30 day period (March 7 - April 5) and up 110.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Whitchurch-Stouffville typically sold ($134,666) (10.4%) below asking price over the last 30 days (April 6 - May 5), which represents a $240,926 decrease compared to the previous 30 day period (March 7 - April 5) and ($59,166) 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 2-bedroom homes in Whitchurch-Stouffville over the last 30 days (April 6 - May 5) stood at 14.3%, down from 71.4% over the previous 30 days (March 7 - April 5) and down from 60.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Whitchurch-Stouffville stood at 27 days when successfully sold over the last 30 days (April 6 - May 5), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty
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