1024 Victoria Park Ave

FOR SALE
$1,199,000
1024 Victoria Park Ave, Scarborough
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
1024 Victoria Park Ave
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3 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
5
ROOMS
E9350203
MLSID
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Property Description
Exciting opportunity in a well-maintained multi-family home in East York! This property offers incredible potential for both homeowners and investors alike. Newer updates include: windows, fence, water tank (2023), furnace (2021), washer & dryer (2024), detached garage roof shingles (2023). The main level features 3 spacious bedrooms, while the fully finished basement boasts 2 bedrooms, a kitchen and a living room with a separate entrance through the side door - perfect for additional income or multi-generational living. Conveniently located near schools, parks, and shopping. 5 min to Danforth GO Station, 2 mins to Victoria Park TTC, 5 mins to Warden TTC, 4.4km from Lake Ontario and close to Scarborough LRT. Don't miss out on this fantastic investment in a prime location!
Nearby Intersections
Property Features
Golf, Library, Park, Public Transit, School
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
40' x 110'
Acreage
< .50
Fronting
West
Taxes
$3,900 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
FamilyMain12.01' x 14.76'Fireplace
KitchenMain12.07' x 8.92'
BrMain7.68' x 11.32'
BrMain12.50' x 9.15'
BrMain12.76' x 11.32'
KitchenBsmt11.75' x 12.34'
FamilyBsmt14.67' x 11.32'Fireplace
BrBsmt10.66' x 8.76'
BrBsmt12.60' x 10.50'
Scarborough Market Statistics
Scarborough Price Trend
1024 Victoria Park Ave is a 3-bedroom 2-bathroom home listed for sale at $1,199,000, which is $78,059 (6.1%) lower than the average sold price of $1,277,059 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $11,079 (0.9%) compared to the previous 30 day period (July 20 - August 18) and down $55,861 (4.2%) from the same time one year ago.
Inventory Change
There were 935 3-bedroom homes listed in Scarborough over the last 30 days (August 19 - September 17), which is up 44.5% compared with the previous 30 day period (July 20 - August 18) and up 15.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $6,433 (0.5%) above asking price over the last 30 days (August 19 - September 17), which represents a $6,730 decrease compared to the previous 30 day period (July 20 - August 18) and $37,194 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 Scarborough over the last 30 days (August 19 - September 17) stood at 42.2%, down from 58.4% over the previous 30 days (July 20 - August 18) and down from 42.9% 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 Scarborough stood at 20 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Escarpment Realty Inc.,
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