42 Magnolia Ave

FOR SALE
$1,699,000
42 Magnolia Ave, Adjala-Tosorontio
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
42 Magnolia Ave
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
9
ROOMS
N11928879
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Property Description
Welcome to your never-before-lived-in 4-bedroom, 4-full bathroom home, boasting a spacious 3229 sqft detached Bungaloft nestled in the heart of Colgan a prestigious community meticulously crafted by Tribute Communities. This residence promises a pristine and untouched living experience, making it an ideal haven for those seeking a fresh start. Indulge in the remarkable features that define this home as the epitome of contemporary luxury, with $100,000 dedicated to upgrades that truly matter. These enhancements elevate the home to unparalleled heights of sophistication. Noteworthy details include upgraded pot lights throughout the interior and exterior, as well as extensive improvements in the modern two-toned kitchen. The kitchen showcases a stunning waterfall island design, imparting a timeless aesthetic to the open-concept living space. This area faces a bright and impressive family room, complete with a fireplace boasting soaring 19-ft ceilings a combination that creates a grand and inviting atmosphere. Additional significant upgrades include a rough-in gas line for BBQ, a rough-in EV charging system in the garage, and beautiful hardwood flooring throughout the main and second floor. The primary bedroom serves as a luxurious retreat, featuring a stunning 6-piece ensuite bath and walk-in closets, providing a private oasis. The inclusion of a Triple Garage adds a rare and desirable feature, ensuring ample space for your vehicles and storage needs. Don't miss out on the opportunity to be the first owner of this exceptional home in one of Colgan's most sought-after communities. Immerse yourself in the serene elegance of Colgan Crossing, where modern country living seamlessly meets contemporary luxury.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-04 2024-12-12 99 $1,750,000 - Terminated
2024-06-17 2024-09-03 78 $1,799,999 - Terminated
2024-04-29 2024-06-17 49 $1,999,900 - Terminated
2024-01-10 2024-04-29 110 $1,999,900 - Terminated
2024-01-10 2024-03-04 54 $2,099,900 - Suspended
Property Features
Golf, School
Property Details
Community
Property Type
Detached, Bungaloft
Approximate Sq.Ft.
3000-3500
Lot Size
60' x 115'
Acreage
< .50
Fronting
North
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
2nd BrMain11.84' x 12.01'
3rd BrMain9.91' x 9.91'
BreakfastMain9.68' x 12.83'
DiningMain11.91' x 13.85'
FoyerMain8.17' x 8.76'
KitchenMain14.67' x 14.01'
LaundryMain6.33' x 13.16'
LivingMain19.49' x 15.49'
Prim BdrmMain19.16' x 12.40'
4th Br2nd14.24' x 13.16'
Family2nd17.42' x 21.16'
Cold/CantBsmt7.84' x 6.82'
Adjala-Tosorontio Market Statistics
Adjala-Tosorontio Price Trend
42 Magnolia Ave is a 4-bedroom 4-bathroom home listed for sale at $1,699,000, which is $281,500 (19.9%) higher than the average sold price of $1,417,500 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Adjala-Tosorontio declined by $27,500 (1.9%) compared to the previous 30 day period (November 19 - December 18) and up $314,000 (28.5%) from the same time one year ago.
Inventory Change
There were 7 4-bedroom homes listed in Adjala-Tosorontio over the last 30 days (December 19 - January 17), which is down 12.5% compared with the previous 30 day period (November 19 - December 18) and up 75.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Adjala-Tosorontio typically sold ($14,999) (1.1%) below asking price over the last 30 days (December 19 - January 17), which represents a $89,001 increase compared to the previous 30 day period (November 19 - December 18) and ($80,950) 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 4-bedroom homes in Adjala-Tosorontio over the last 30 days (December 19 - January 17) stood at 57.1%, up from 25.0% over the previous 30 days (November 19 - December 18) and up from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Adjala-Tosorontio stood at 59 days when successfully sold over the last 30 days (December 19 - January 17), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Exp Realty
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