113 NIPISSING Cres

FOR SALE
$2,999,000
113 NIPISSING Cres, Blue Mountains
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
113 NIPISSING Cres
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4 + 2
BEDROOMS
8
BATHROOMS
1
KITCHENS
17 + 7
ROOMS
X10439471
MLSID
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Property Description
This exquisite custom-built home by Optima Homes & Chalet Inc features 6 bedrooms, 8 baths and is situated in a charming town that exudes year-round beauty, offers the epitome of luxury living, with walking distance to Alpine and Craigleith ski clubs. This spacious property offers an open floor plan, 19' high ceilings, a large living area with 12' patio doors leading you to a covered cedar deck, floor to ceiling gas fireplace, engineered hardwood floors, fibreglass windows. The exterior is adorned with stone and stucco finishing, highlighted by a 9' fibreglass front door with glass panels. The garage features 9'x9' doors, and leads you directly into the spacious laundry/mudroom with custom cabinetry. The kitchen is equipped with top-of-the-line appliances, including, Miele gas stove with a 8" Miele range hood, Miele fridge, Miele dishwasher, a wine cooler, quartz waterfall countertops, and an open dining room that easily fits both intimate dinners and large entertainment. Master bedroom is located on the main floor featuring a top of the line ensuite bathroom with double sinks, floating vanity, a freestanding tub, heated floors, and a glass-enclosed double shower. Additionally, a spacious walk-in closet with built-in cabinetry, and access to a scenic backyard through 12' patio doors. The upper level offers a secluded office space, 3 spacious bedrooms, each equipped with 3-piece ensuite bathrooms. Experience movie nights in the rec room located on the second floor. The room offers ample space, an electric fireplace, a wet bar, access to an upper deck with glass panel railings, offering picturesque views. There's a second floor laundry room with an additional half bathroom. The fully finished lower level, accessible directly from the garage, offers 2 bedrooms, a full bathroom, and an additional half bathroom. Includes a sauna, rec room with fireplace, cold cellar, ski storage, laminate flooring, along with in-floor heating. Builder is registered with Tarion.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-26 2024-12-04 69 $2,999,000 - Terminated
2024-03-04 2024-08-31 180 $3,299,000 - Expired
2023-03-31 2023-10-31 215 $3,299,000 - Expired
2022-10-11 2023-03-30 170 $3,999,000 - Terminated
2022-03-15 2022-07-29 136 $4,499,000 - Terminated
2021-11-29 2022-03-17 108 $4,200,000 - Terminated
Property Details
Property Type
Detached, 2-Storey
Acreage
< .50
Fronting
North
Taxes
$2,278 (2023)
Basement
Finished, Walk-Up
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Other
Garage Type
Attached
Blue Mountains Market Statistics
Blue Mountains Price Trend
113 NIPISSING Cres is a 4-bedroom 8-bathroom home listed for sale at $2,999,000, which is $2,009,395 (203.1%) higher than the average sold price of $989,605 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 4 bedroom home in Blue Mountains declined by $227,895 (18.7%) compared to the previous 30 day period (October 22 - November 20) and down $479,145 (32.6%) from the same time one year ago.
Inventory Change
There were 57 4-bedroom homes listed in Blue Mountains over the last 30 days (November 21 - December 20), which is up 418.2% compared with the previous 30 day period (October 22 - November 20) and up 1,800.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Blue Mountains typically sold ($62,731) (6.3%) below asking price over the last 30 days (November 21 - December 20), which represents a $8,231 decrease compared to the previous 30 day period (October 22 - November 20) and ($142,425) 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 Blue Mountains over the last 30 days (November 21 - December 20) stood at 66.7%, up from 18.2% over the previous 30 days (October 22 - November 20) and down from 133.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 8-bathroom home in Blue Mountains stood at 58 days when successfully sold over the last 30 days (November 21 - December 20), compared to 115 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Millennium Inc., Brokerage (Collingwood)
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