8882 Highway 89
Rural Adjala-Tosorontio, Adjala-Tosorontio, L9R 1V1
FOR SALE
$2,399,999
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4 + 4
BEDROOMS4
BATHROOMS1 + 2
KITCHENS12
ROOMSN11890985
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Property Description
Two-in-One Opportunity: Residential and Business Potential. Discover the perfect blend of luxury living and business opportunity on this exceptional 3.22-acre property. This expansive bungalow features 9-ft ceilings on both the main floor and the walk-out lower level, creating an inviting atmosphere of space and sophistication. The grand foyer welcomes you with high ceilings and an open-concept layout, offering separate living and family rooms for ultimate functionality. The gourmet kitchen boasts stainless steel appliances, hardwood floors, and ample space for entertaining. The master suite is a serene retreat with a spa-like ensuite and countryside views. Three additional bedrooms with large closets and oversized windows flood the interiors with natural light. The finished walk-out basement includes 4 bedrooms, 2 kitchens, and multiple living areas, making it ideal for rental income or multi-generational living. A 3-car garage complements the home, while an impressive 2,800 sq. ft. addition operates as a thriving party hall, perfect for continuing as an event venue or repurposing to meet your unique needs. Outside, the 3.22 acres of flat land offer incredible potential for future development, while a covered garage area adds further flexibility. **EXTRAS** Nestled in the countryside yet minutes from Allistons amenities and major highways, this property offers the perfect mix of tranquility and convenience. Book your private tour today!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-09-21 | 2020-12-31 | 101 | $1,350,000 | - | Expired |
| 2021-09-13 | 2021-10-21 | 39 | $1,669,000 | $1,645,000 | Sold |
| 2021-03-07 | 2021-03-10 | 3 | $1,349,000 | $1,335,000 | Sold |
| 2020-09-21 | 2020-12-31 | 101 | $1,350,000 | - | Expired |
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Property Details
Street
Community
Property Type
Detached, Bungalow
Approximate Sq.Ft.
2500-3000
Lot Size
571' x 668'
Acreage
2-4.99
Fronting
North
Taxes
$7,155 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Parking Spaces
17
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 10.70' x 8.01' | Ceramic Floor, O/Looks Living, Open Concept |
| Kitchen | Main | 12.27' x 20.60' | Hardwood Floor, Granite Counter, Stainless Steel Appl |
| Great Rm | Main | 15.55' x 20.60' | Hardwood Floor, California Shutters, 2 Way Fireplace |
| Dining | Main | 12.04' x 12.27' | Hardwood Floor, W/O To Patio, O/Looks Backyard |
| Prim Bdrm | Main | 15.94' x 15.22' | Laminate, 5 Pc Ensuite, His/Hers Closets |
| 2nd Br | Main | 10.76' x 13.62' | Laminate, Large Window, Closet |
| 3rd Br | Main | 11.55' x 13.91' | Laminate, Large Window, Closet |
| 4th Br | Main | 11.61' x 13.88' | Laminate, Large Window, Closet |
| Laundry | Main | 3.64' x 5.94' | Tile Floor, Casement Windows, Laundry Sink |
| Mudroom | Main | 6.86' x 11.55' | Tile Floor, Access To Garage |
| Br | Bsmt | 7.97' x 9.97' | Laminate, 3 Pc Ensuite, B/I Appliances |
| Br | Bsmt | 7.97' x 9.97' | Laminate, 3 Pc Ensuite, Window |
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Adjala-Tosorontio Market Statistics
Adjala-Tosorontio Price Trend
8882 Highway 89 is a 4-bedroom 4-bathroom home listed for sale at $2,399,999, which is $749,999 (45.5%) higher than the average sold price of $1,650,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Adjala-Tosorontio increased by $206,667 (14.3%) compared to the previous 30 day period (December 22 - January 20) and down $550,000 (25.0%) from the same time one year ago.Inventory Change
There were 14 4-bedroom homes listed in Adjala-Tosorontio over the last 30 days (January 21 - February 19), which is up 100.0% compared with the previous 30 day period (December 22 - January 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Adjala-Tosorontio typically sold $0 (0.0%) below asking price over the last 30 days (January 21 - February 19), which represents a $13,332 increase compared to the previous 30 day period (December 22 - January 20) and ($75,000) 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 (January 21 - February 19) stood at 7.1%, down from 42.9% over the previous 30 days (December 22 - January 20) and down from 14.3% 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 67 days when successfully sold over the last 30 days (January 21 - February 19), compared to 48 days before being removed from the market upon being suspended or terminated.Listing contracted with Elixir Real Estate Inc.
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Welcome to your dream home! This sprawling bungalow is just under 3000 square feet with a 3 car garage. Nestled in a serene and private area of Adjala, this breathtaking new build offers 1.5 acres of tranquility with stunning views. The open-concept layout seamlessly connects the kitchen, dining, and family room, creating an inviting space perfect for both relaxation and entertaining. The kitchen features modern finishes and a spacious design, ideal for family gatherings and culinary adventures. The family room boasts large windows that flood the space with natural light, while a cozy gas fireplace adds warmth and ambiance. Indulge in the comfort and elegance of the primary bedroom. Featuring a 5 piece ensuite and spacious walk-in closet, you'll have plenty of room for all your wardrobe essentials. Convenience is at your fingertips with main-floor laundry, office space and the expansive 1,400 sq ft garage provides plenty of room for vehicles and storage, with direct access to the basement. Step outside to the covered patio and enjoy the peace and quiet of your surroundings a perfect spot for outdoor dining, morning coffee, or simply taking in the view.
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