70 Simmons St
Elder Mills, Woodbridge, L4H 4X7
FOR SALE
$16,000,000
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BEDROOMS1
BATHROOMS1
KITCHENS6
ROOMSN8154068
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Property Description
Location, Location! Calling All Builders & Investors! Rare Re-Development Opportunity Located In The Sought-After Elder Mills Community Where "The Towns of Rutherford Heights," Development is Currently Under Construction. Situated on Over 2 + Acres, This Re-Development Land Consists of 4 Unique Parcels, Including 3 Custom Homes & An Updated Ranch Bungalow. Initial Concept Plan Allows For Approximately 120 Stacked, Back-to-Back Townhomes Designed to Complement Adjoining Future Development Lands. The Potential For This Re-Development Land Is Endless! Strategically Located Off Rutherford Rd. & Just Minutes From Highways 27, 7, 50, and the 400 Series Highways Including Numerous Shopping, Dining & Lifestyle Amenities! Don't Miss Out On This Incredible Opportunity To Be A Part Of This Thriving New Emerging Community!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-07-07 | 2024-01-01 | 178 | $1 | - | Expired |
| 2021-02-24 | 2021-03-04 | 8 | $998,000 | - | Suspended |
Extras
All 4 Properties Must Be Sold Together (70 Simmons St., 1, 10 & 11 Arcangelo Gate). Survey & Schedule "A" - Legal Description Attached. All Showings Thru LA. Do Not Walk Land Without Appointment. No Interior Showings Of Homes At This Time.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
73' x 224'
Fronting
West
Taxes
$4,511 (2023)
Basement
None
Exterior
Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Private
Garage Type
None
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Woodbridge Market Statistics
Woodbridge Price Trend
70 Simmons St is a 3-bedroom 1-bathroom home listed for sale at $16,000,000, which is $14,784,217 (1,216.0%) higher than the average sold price of $1,215,783 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Woodbridge declined by $163,898 (11.9%) compared to the previous 30 day period (September 21 - October 20) and down $96,358 (7.3%) from the same time one year ago.Inventory Change
There were 94 3-bedroom homes listed in Woodbridge over the last 30 days (October 21 - November 19), which is up 2.2% compared with the previous 30 day period (September 21 - October 20) and up 6.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Woodbridge typically sold ($4,319) (0.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $40,809 increase compared to the previous 30 day period (September 21 - October 20) and ($16,708) 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 Woodbridge over the last 30 days (October 21 - November 19) stood at 71.3%, up from 57.6% over the previous 30 days (September 21 - October 20) and up from 48.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Woodbridge stood at 24 days when successfully sold over the last 30 days (October 21 - November 19), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty
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