204 Oakcrest Ave
East End-Danforth, Scarborough, M4C 1C2
FOR SALE
$1,499,999
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4 + 4
BEDROOMS3
BATHROOMS3 + 3
KITCHENS5 + 5
ROOMSE11887175
MLSIDContact Us
Property Description
Attention Investors & House Hackers! Detached Rental Property With Future Laneway or Addition Potential. Located In the Main St MTSA For Future Add-Value Potential. In The meantime, Earn income with 3-Units at recent rents with excellent tenants, producing an attractive yield on the property (Noi & Rent Rolls Available On Request) Well maintained, With Timeless And High-Quality Material selection throughout the Home. ($50K+) spent on Renovations, Furnishings & Furniture. Brand new appliances in Upper & Lower levels. New flooring, new painting, pot lights, new appliances. Plan to upgrade to legal multi unit with our action plan or Easily convertible back to single family. Live in the Main floor with a private garden & generate STR or MTR Income from the lower & upper level units to offset your mortgage. Bright 2 BR suite on the main level, Newly renovated & Upgraded Separate Large Upper Studio unit with Private kitchen, Full bathroom & Laundry. Renovated and updated 1 BR walk-up basement w/full bath & shared laundry. Situated On A quiet street and a stone's throw From Stephenson Park. Easy Access To Danforth GO Train/ TTC Subway/Hwy, Schools, Grocery Stores & Restaurants & Cafe's & Beaches.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-12-04 | 2022-01-23 | 50 | $1,275 | $1,275 | Leased |
| 2021-10-30 | 2021-12-06 | 37 | $1,375 | - | Terminated |
Nearby Intersections
Victoria Park & Danforth (109)
Kingston & Main (27)
Main & Danforth (11)
Danforth & Woodbine (21)
Woodbine & Gerrard (32)
Property Features
Park, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
20' x 133'
Fronting
North
Taxes
$4,671 (2024)
Basement
Apartment, Fin W/O
Exterior
Alum Siding, Stone
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
3
Driveway
Rt-Of-Way
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Main | 11.19' x 11.88' | Hardwood Floor, Closet, O/Looks Frontyard |
| 2nd Br | Main | 9.09' x 12.17' | Hardwood Floor, Closet, Window |
| Kitchen | Main | 10.17' x 12.27' | Hardwood Floor, Combined W/Family, W/O To Yard |
| Family | Main | 10.50' x 11.98' | Hardwood Floor, Electric Fireplace, W/O To Yard |
| Kitchen | 2nd | 9.19' x 12.27' | Hardwood Floor, Window, North View |
| 3rd Br | 2nd | 12.99' x 15.49' | Hardwood Floor, Large Window, South View |
| Living | 2nd | 12.99' x 15.49' | Hardwood Floor, Window, Combined W/Br |
| Kitchen | Bsmt | 9.09' x 11.88' | Tile Floor, Walk-Out, Combined W/Living |
| Living | Bsmt | 9.88' x 11.78' | Broadloom, Window, Combined W/Laundry |
| 4th Br | Bsmt | 9.19' x 12.70' | Broadloom, Window, Double Closet |
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Scarborough Market Statistics
Scarborough Price Trend
204 Oakcrest Ave is a 4-bedroom 3-bathroom home listed for sale at $1,499,999, which is $385,584 (20.4%) lower than the average sold price of $1,885,583 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 4 bedroom home in Scarborough increased by $2,823 (0.1%) compared to the previous 30 day period (October 12 - November 10) and up $24,119 (1.3%) from the same time one year ago.Inventory Change
There were 406 4-bedroom homes listed in Scarborough over the last 30 days (November 11 - December 10), which is down 20.5% compared with the previous 30 day period (October 12 - November 10) and up 27.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($34,629) (1.8%) below asking price over the last 30 days (November 11 - December 10), which represents a $2,900 increase compared to the previous 30 day period (October 12 - November 10) and ($68,652) 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 Scarborough over the last 30 days (November 11 - December 10) stood at 58.4%, up from 52.8% over the previous 30 days (October 12 - November 10) and up from 57.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Scarborough stood at 30 days when successfully sold over the last 30 days (November 11 - December 10), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Valery Real Estate Inc.
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