12 Wanstead Ave

FOR SALE
$1,049,000
12 Wanstead Ave, Scarborough
12 Wanstead Ave
12 Wanstead Ave
12 Wanstead Ave
12 Wanstead Ave
12 Wanstead Ave
12 Wanstead Ave
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2 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
5 + 1
ROOMS
E11941139
MLSID
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Property Description
Welcome to 12 Wantead Ave, a charming 1.5-storey detached home located in the heart of Scarborough's vibrant Oakridge community. This property is an incredible investment opportunity, offering endless potential for families or savvy investors. Open concept Living and Dining, Spacious Kitchen and the home features a massive Primary Bedroom on the 2nd Level with own Ensuite Washroom and a 2nd spacious bedroom on the main floor! The Finished basement complement with 2 additional bedrooms, a separate entrance, Own washroom and Kitchen! Conveniently located close to schools, parks, shopping, and only minutes from Victoria Park Station, making it an ideal location for a variety of lifestyles. Whether you're looking to build, renovate, rent, opportunity awaits.
Nearby Intersections
Property Details
Community
Property Type
Detached, 1 1/2 Storey
Lot Size
30' x 106'
Fronting
West
Taxes
$3,169 (2024)
Basement
Finished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
Scarborough Market Statistics
Scarborough Price Trend
12 Wanstead Ave is a 2-bedroom 3-bathroom home listed for sale at $1,049,000, which is $26,763 (2.6%) higher than the average sold price of $1,022,237 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in Scarborough declined by $138,096 (11.9%) compared to the previous 30 day period (November 19 - December 18) and up $50,754 (5.2%) from the same time one year ago.
Inventory Change
There were 75 2-bedroom homes listed in Scarborough over the last 30 days (December 19 - January 17), which is down 17.6% compared with the previous 30 day period (November 19 - December 18) and up 92.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold ($12,433) (1.2%) below asking price over the last 30 days (December 19 - January 17), which represents a $8,583 decrease compared to the previous 30 day period (November 19 - December 18) and ($25,088) 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 2-bedroom homes in Scarborough over the last 30 days (December 19 - January 17) stood at 60.0%, down from 84.6% over the previous 30 days (November 19 - December 18) and down from 107.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Scarborough stood at 35 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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