12355 Mill Rd

FOR SALE
$1
12355 Mill Rd, Woodbridge
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
12355 Mill Rd
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5
BEDROOMS
5
BATHROOMS
1 + 2
KITCHENS
10 + 2
ROOMS
N8249258
MLSID
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Property Description
Future Mid-Rise Development Opportunity To Build A 5-Storey, 110 Unit Adult Lifestyle Condominium On 4.82 Acres Of Land. The Property Is Improved With A Beautiful Approx 4000 Sq. Ft. Custom Stone Home. The Home Features Large Entertainment Spaces, With 5 Large Bedrooms And A Significant Amount Of Natural Light. Property Also Equipped With A Large Coach House. See Brochure Attached For Development Potential.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-08-01 2020-10-27 87 $3,495,000 - Suspended
2019-11-05 2020-04-09 156 $3,800,000 - Terminated
Extras
N/A.
Property Features
Clear View, Golf, Place Of Worship, School
Property Details
Street
Community
Property Type
Detached, 2-Storey
Lot Size
461' x 458'
Fronting
East
Taxes
$9,210 (2023)
Basement
Fin W/O
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
Central Air
Water
Well
Parking Spaces
25
Driveway
Private
Garage Type
Detached
Woodbridge Market Statistics
Woodbridge Price Trend
12355 Mill Rd is a 5-bedroom 5-bathroom home listed for sale at $1, which is $3,131,165 (100.0%) lower than the average sold price of $3,131,166 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 5 bedroom home in Woodbridge increased by $817,551 (35.3%) compared to the previous 30 day period (March 2 - March 31) and up $830,566 (36.1%) from the same time one year ago.
Inventory Change
There were 44 5-bedroom homes listed in Woodbridge over the last 30 days (April 1 - April 30), which is up 10.0% compared with the previous 30 day period (March 2 - March 31) and up 29.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Woodbridge typically sold ($200,860) (6.4%) below asking price over the last 30 days (April 1 - April 30), which represents a $160,276 decrease compared to the previous 30 day period (March 2 - March 31) and ($46,360) 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 Woodbridge over the last 30 days (April 1 - April 30) stood at 47.7%, up from 32.5% over the previous 30 days (March 2 - March 31) and up from 29.4% 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 Woodbridge stood at 17 days when successfully sold over the last 30 days (April 1 - April 30), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Psr
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