515 Ruthel Rd
South East, Ajax, L1S 1E5
FOR SALE
$1,289,000
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Property Description
This 100 Wide X 200 Deep Lot Nestled In The Waterfront Community of Ajax, Steps from ParadiseBeach, Is The Perfect Opportunity to Build Two Custom Homes Surrounded By Luxury Real Estate.TRCA Has Approved The Concept To Sever This Lot Into TWO LOTS (50 x 200), Allowing TwoDwellings To Be Built. Ontario Government's Affordable Housing Plan Will Permit 4 Plex's To BeBuilt On Each Lot Starting Next Year 2025* - DEVELOPERS/ BUILDERS, Here Is A Prime OpportunityTo Make Investment Potential Properties Or Build Two Dream Homes On Each Lot.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-01-28 | 2024-04-04 | 69 | $1,169,000 | - | Expired |
2024-01-26 | 2024-04-04 | 69 | $1,189,000 | - | Expired |
2023-11-22 | 2024-01-26 | 65 | $999,000 | - | Terminated |
2022-03-21 | 2022-03-24 | 3 | $999,988 | $1,540,000 | Sold |
2022-03-21 | 2022-03-24 | 3 | $999,988 | $1,540,000 | Sold |
Property Features
Beach, Hospital, Lake Access, Library, Park, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Approximate Sq.Ft.
1500-2000
Lot Size
100' x 200'
Fronting
East
Taxes
$7,482 (2024)
Basement
Sep Entrance, Unfinished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
Detached
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Ajax Market Statistics
Ajax Price Trend
515 Ruthel Rd is a 3-bedroom 2-bathroom home listed for sale at $1,289,000, which is $356,633 (38.3%) higher than the average sold price of $932,367 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 3 bedroom home in Ajax increased by $31,636 (3.5%) compared to the previous 30 day period (September 24 - October 23) and up $59,714 (6.8%) from the same time one year ago.Inventory Change
There were 42 3-bedroom homes listed in Ajax over the last 30 days (October 24 - November 22), which is down 14.3% compared with the previous 30 day period (September 24 - October 23) and down 31.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Ajax typically sold ($15,422) (1.7%) below asking price over the last 30 days (October 24 - November 22), which represents a $15,318 decrease compared to the previous 30 day period (September 24 - October 23) and $468 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 homes in Ajax over the last 30 days (October 24 - November 22) stood at 71.4%, down from 91.8% over the previous 30 days (September 24 - October 23) and up from 52.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Ajax stood at 13 days when successfully sold over the last 30 days (October 24 - November 22), compared to 37 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark First Group Realty Ltd.
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