12 Wanstead Ave
Oakridge, Scarborough, M1L 3L4
FOR SALE
$1,049,000
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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.
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Nearby Intersections
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Property Details
Street
Community
City
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
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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 $71,985 (6.4%) lower than the average sold price of $1,120,985 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Scarborough increased by $58,129 (5.5%) compared to the previous 30 day period (December 22 - January 20) and up $73,510 (7.0%) from the same time one year ago.Inventory Change
There were 118 2-bedroom homes listed in Scarborough over the last 30 days (January 21 - February 19), which is up 61.6% compared with the previous 30 day period (December 22 - January 20) and up 10.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $34,443 (3.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $44,192 increase compared to the previous 30 day period (December 22 - January 20) and $30,021 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 (January 21 - February 19) stood at 50.0%, down from 50.7% over the previous 30 days (December 22 - January 20) and down from 61.7% 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 21 days when successfully sold over the last 30 days (January 21 - February 19), compared to 83 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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