263 Oak Park Ave
Woodbine-Lumsden, Scarborough, M4C 4N4
FOR SALE
$2,390,000
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Property Description
Amazing legal triplex in the heart of East York, over 100K gross rent potential, 4 garages, property is zoned for a sixplex great possibilities for builders, surrounded by Everett park and steps away from majestic Stan Wadlow park, the East York Athletic Hub, indoor and outdoor public pools, hockey arenas, curling arenas, skating parks and much more...minutes away from Woodbine Beach or Downtown Toronto.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-11 | 2024-07-05 | 24 | $2,250,000 | - | Terminated |
| 2023-11-25 | 2024-05-16 | 173 | $2,090,000 | - | Terminated |
| 2023-07-07 | 2023-10-07 | 93 | $2,388,888 | - | Expired |
| 2023-01-16 | 2023-05-15 | 121 | $2,488,888 | - | Expired |
| 2019-04-26 | 2019-07-31 | 98 | $1,999,000 | - | Expired |
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Property Details
Street
Community
City
Property Type
Triplex, 2 1/2 Storey
Lot Size
38' x 128'
Fronting
West
Taxes
$6,600 (2023)
Basement
Half
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
12
Driveway
Private
Garage Type
Detached
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Scarborough Market Statistics
Scarborough Price Trend
263 Oak Park Ave is a 6-bedroom 3-bathroom home listed for sale at $2,390,000, which is $691,529 (22.4%) lower than the average sold price of $3,081,529 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 6 bedroom home in Scarborough declined by $1,226,137 (28.5%) compared to the previous 30 day period (August 18 - September 16) and down $848,016 (21.6%) from the same time one year ago.Inventory Change
There were 40 6-bedroom homes listed in Scarborough over the last 30 days (September 17 - October 16), which is up 66.7% compared with the previous 30 day period (August 18 - September 16) and up 5.3% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Scarborough typically sold ($122,822) (4.0%) below asking price over the last 30 days (September 17 - October 16), which represents a $310,066 increase compared to the previous 30 day period (August 18 - September 16) and ($32,909) 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 6-bedroom homes in Scarborough over the last 30 days (September 17 - October 16) stood at 42.5%, up from 37.5% over the previous 30 days (August 18 - September 16) and up from 28.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in Scarborough stood at 28 days when successfully sold over the last 30 days (September 17 - October 16), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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