533 Victoria Pk Ave

FOR SALE
$1,089,000
533 Victoria Pk Ave, Scarborough
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
533 Victoria Pk Ave
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2 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
5 + 3
ROOMS
E10412899
MLSID
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Property Description
Welcome To 533 Victoria Park Ave, A Charming Semi-Detached Gem! The Open-Concept Main Floor Welcomes You With Spacious Living And Dining Areas That Flow Effortlessly Into A Large Kitchen Featuring A Stylish Peninsula With Seating, Stainless Steel Appliances, And A Walk-Out To A Private Rear Deck. Enjoy The Added Convenience Of Main Floor Laundry, Making Daily Routines A Breeze. Upstairs, The Primary Bedroom Impresses With Its Generous Size, Ample Closet Space, And A Striking Skylight That Fills The Room With Natural Light. The Second Bedroom Is Equally Inviting, Offering A Spacious Layout, A Large Window, And Beautiful Hardwood Flooring. The Fully Finished Basement Presents Incredible Potential For Both Investors And Families Alike, Boasting A Separate Entrance, A Complete Kitchen, A 4-Piece Bathroom, A Laundry Area, And A Comfortable Bedroom Perfect For An In-Law Suite Or Rental Opportunity. This Stunning Property Backs Onto A Laneway, Offering The Rare Possibility To Build A Large Laneway House, Maximizing Value And Living Space. Situated In A Prime Location, You're Just Steps From TTC And Victoria Park Station, Shopping, Dining, And Excellent Schools. Don't Miss This Exceptional Opportunity!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-05-17 2023-07-07 51 $999,000 $935,000 Sold
Extras
With A Large 25 x 140 Ft Lot, Property Has Lots Of Future Potential For A Large Extension, Laneway House or Other Development!
Nearby Intersections
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Semi-Detached, 2-Storey
Lot Size
25' x 140'
Fronting
East
Taxes
$3,047 (2024)
Basement
Apartment, Sep Entrance
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.17' x 19.00'Hardwood Floor, Open Concept, Large Window
DiningMain7.64' x 8.50'Hardwood Floor, Open Concept, Large Window
KitchenMain8.50' x 10.76'Tile Floor, Stainless Steel Appl, W/O To Deck
Prim Bdrm2nd10.24' x 14.07'Hardwood Floor, Skylight, Large Closet
2nd Br2nd9.58' x 10.83'Hardwood Floor, Large Window, Led Lighting
RecBsmt10.17' x 12.14'Combined W/Kitchen, Tile Floor, Led Lighting
KitchenBsmt10.17' x 12.14'Combined W/Rec, Tile Floor, Open Concept
BrBsmt8.86' x 9.51'Window, Tile Floor
Scarborough Market Statistics
Scarborough Price Trend
533 Victoria Pk Ave is a 2-bedroom 2-bathroom home listed for sale at $1,089,000, which is $46,861 (4.5%) higher than the average sold price of $1,042,139 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 2 bedroom home in Scarborough declined by $111,757 (9.7%) compared to the previous 30 day period (November 18 - December 17) and up $77,074 (8.0%) from the same time one year ago.
Inventory Change
There were 72 2-bedroom homes listed in Scarborough over the last 30 days (December 18 - January 16), which is down 20.9% compared with the previous 30 day period (November 18 - December 17) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold ($16,217) (1.6%) below asking price over the last 30 days (December 18 - January 16), which represents a $14,365 decrease compared to the previous 30 day period (November 18 - December 17) and ($22,953) 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 18 - January 16) stood at 66.7%, down from 87.9% over the previous 30 days (November 18 - December 17) and down from 119.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Scarborough stood at 34 days when successfully sold over the last 30 days (December 18 - January 16), compared to 74 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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