4988 Baseline Rd
Sutton & Jackson's Point, Georgina, L0E 1R0
FOR SALE
$2,500,000
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Property Description
Developer And Investor Attention! 1.95 Acres Zoned M1 Commercial / Industrial Lot For Sale! Situated On Baseline Rd In A Developing Area Near Sutton West Downtown With Endless Potential. The Back Of The Lot Is Facing A Large Residential Million $ House Community. The West Side Neighbor Lot Has Been Sold For Future Commercial Development. The Existing Metal Building /Garage Contains A Livable 2-Bed Rooms With 1Kitchen And 1 Bath Units (As Is). Most Equipment / Tools In The 22' Height Huge Garage/Workshop And The Container Outside At The Back Are included And Sold As Is.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-10-17 | 2023-11-14 | 393 | $3,000,000 | - | Suspended |
| 2022-04-06 | 2022-10-04 | 182 | $3,500,000 | - | Expired |
Extras
May Subject To Hst, Property Sold In "As Is, Where Is" Condition. The Garage Workshop Is About 4300 Sft.
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Property Details
Street
Community
City
Property Type
Detached, Other
Lot Size
200' x 428'
Acreage
.50-1.99
Fronting
North
Taxes
$7,428 (2024)
Basement
None
Exterior
Alum Siding, Metal/Side
Heat Type
Other
Heat Source
Wood
Air Conditioning
None
Water
Municipal
Parking Spaces
10
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 25.59' x 9.32' |
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Georgina Market Statistics
Georgina Price Trend
4988 Baseline Rd is a 2-bedroom 1-bathroom home listed for sale at $2,500,000, which is $1,895,334 (313.5%) higher than the average sold price of $604,666 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 2 bedroom home in Georgina declined by $128,410 (17.5%) compared to the previous 30 day period (March 3 - April 1) and down $69,521 (10.3%) from the same time one year ago.Inventory Change
There were 20 2-bedroom homes listed in Georgina over the last 30 days (April 2 - May 1), which is up 11.1% compared with the previous 30 day period (March 3 - April 1) and down 20.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Georgina typically sold $1,588 (0.3%) above asking price over the last 30 days (April 2 - May 1), which represents a $4,588 decrease compared to the previous 30 day period (March 3 - April 1) and ($5,593) 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 2-bedroom homes in Georgina over the last 30 days (April 2 - May 1) stood at 45.0%, down from 72.2% over the previous 30 days (March 3 - April 1) and down from 64.0% 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 Georgina stood at 29 days when successfully sold over the last 30 days (April 2 - May 1), compared to 75 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Imperial Realty Inc.
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