401 Kleinburg Summit Way
Kleinburg, Woodbridge, L4H 4T1
FOR SALE
$1,729,000
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Property Description
Opportunities like this very rarely come to the market. Lucrative investment opportunity, location, & rare find! Welcome to this gorgeous live/work townhome in the prestigious community of Kleinburg Summit. The residential portion of this property contains approximately $65,000 worth of high end upgrades and finishes throughout. Newly renovated in 2024, accent walls, new flooring, new stairs and pickets, fully upgraded and redesigned oasis like washroom, with new faucets/shower head, vanity, stand up shower, & exquisite finishes.. This property boasts approximately 2500Sqft in the residential portion, with a 600 square feet, self contained retail area W/P parking & extra storage space in the basement. features 10 foot ceilings on the main level, 9 foot ceilings on the 2nd level. You have a gourmet kitchen with granite countertop Island, which also walks out to a beautiful terrace! The master bedroom contains its own heavenly, 5 piece ensuite washroom with soaker tub, and also a Juliette balcony. This beautiful home comes fully furnished, making it convenient for you to turn-key and move in! Dont miss this one.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-05-02 | 2024-12-10 | 222 | $1,729,000 | - | Terminated |
2024-05-02 | 2024-06-27 | 56 | $1,729,000 | $1,600,000 | Sold |
2024-05-29 | 2024-06-28 | 30 | $4,280 | - | Terminated |
2024-04-15 | 2024-05-02 | 17 | $1,599,000 | - | Terminated |
2022-07-22 | 2022-08-02 | 11 | $1,588,000 | - | Suspended |
2022-07-30 | 2022-08-20 | 21 | $3,750 | $3,750 | Leased |
2022-07-22 | 2022-08-02 | 11 | $1,588,000 | - | Suspended |
2022-06-24 | 2022-07-24 | 30 | $1,599,000 | - | Terminated |
2022-05-30 | 2022-06-15 | 16 | $1,699,000 | - | Terminated |
Extras
The commercial portion is currently occupied to a AAA+ Tenant offering a 5+7 year lease term, generating $2,750 per month (YEAR 1) with a 4% yearly increase & pays 30% utilities , the tenant has spent thousands on leasehold improvements.
Nearby Intersections
Teston & Kipling (18)
Property Features
Arts Centre, Hospital, Library, Park, School, Terraced
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
20' x 113'
Acreage
< .50
Fronting
West
Taxes
$6,610 (2023)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Great Rm | 2nd | 51.84' x 62.99' | Hardwood Floor, Coffered Ceiling |
Den | 2nd | 32.81' x 44.62' | Hardwood Floor, Dropped Ceiling |
Breakfast | 2nd | 51.51' x 33.46' | W/O To Terrace, Breakfast Area, Breakfast Bar |
Dining | 2nd | 51.51' x 33.46' | W/O To Terrace |
Kitchen | 2nd | 51.51' x 29.53' | Breakfast Bar, W/O To Terrace, Granite Counter |
Prim Bdrm | 3rd | 51.51' x 40.68' | W/I Closet, 5 Pc Ensuite, Juliette Balcony |
2nd Br | 3rd | 39.37' x 30.84' | W/I Closet |
3rd Br | 3rd | 39.37' x 30.84' | W/I Closet |
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Woodbridge Market Statistics
Woodbridge Price Trend
401 Kleinburg Summit Way is a 3-bedroom 4-bathroom townhome listed for sale at $1,729,000, which is $665,321 (62.5%) higher than the average sold price of $1,063,679 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 3 bedroom townhome in Woodbridge declined by $40,428 (3.7%) compared to the previous 30 day period (October 12 - November 10) and down $21,570 (2.0%) from the same time one year ago.Inventory Change
There were 70 3-bedroom townhomes listed in Woodbridge over the last 30 days (November 11 - December 10), which is down 6.7% compared with the previous 30 day period (October 12 - November 10) and up 52.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Woodbridge typically sold $4,628 (0.4%) above asking price over the last 30 days (November 11 - December 10), which represents a $25,893 increase compared to the previous 30 day period (October 12 - November 10) and $12,054 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 3-bedroom townhomes in Woodbridge over the last 30 days (November 11 - December 10) stood at 68.6%, up from 46.7% over the previous 30 days (October 12 - November 10) and up from 52.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom townhome in Woodbridge stood at 24 days when successfully sold over the last 30 days (November 11 - December 10), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Coldwell Banker Sun Realty
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