216 Oakwood Ave

FOR SALE
$1,499,000
216 Oakwood Ave, Toronto
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
216 Oakwood Ave
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5 + 1
BEDROOMS
4
BATHROOMS
3 + 1
KITCHENS
10 + 3
ROOMS
C8294074
MLSID
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Property Description
This Recently Renovated Property Is a Great Addition to Any Investment Portfolio. Nestled with in St. Clair West, Oakwood Village and Humewood, You Find This Amidst a Booming Area, Great Schools, Massive TTC Development, Revitalized Shops & Restaurants and Plenty of Park and Outdoor Space. All Work Is Done, Ready For Profit. Large 4-Plex. With A Blend Of Modern Updates & Character Accents, As Well As, Clear Sunset Views From The Upper Units, This Represents A Savvy Option For That Hard To Find Cash Flow or Live In And Collect Rent From The Rest. This Property Also features Garden Suite Potential and Value Added Potential in Several Ways So Don't Wait On This Property.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-25 2024-05-01 37 $1,599,000 - Terminated
2021-05-17 2021-07-22 66 $1,549,000 - Terminated
2021-02-09 2021-05-16 96 $1,599,000 - Terminated
2020-06-18 2020-06-26 8 $1,299,000 $1,150,000 Sold
Extras
Newer Roof, Fire Alarms, Sprinkler Over Furnace, Auto Closing Fire Doors On Units. Common Laundry. Newer Appliances, High End Fixtures. 4 Fridges, 4 Stoves, 3 Dishwashers, 1 Washer & Dryer And All Elf's, Furnace And A/C.
Nearby Intersections
Property Features
Arts Centre, Library, Park, Public Transit
Property Details
Property Type
Semi-Detached, 2 1/2 Storey
Lot Size
20' x 127'
Fronting
West
Taxes
$5,187 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Front Yard
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
BrGround9.74' x 12.50'Bay Window, O/Looks Frontyard, East View
2nd BrGround7.35' x 12.40'L-Shaped Room, Glass Block Window, Window
LivingGround16.77' x 11.15'Bay Window, Closet
KitchenGround16.77' x 14.34'Backsplash, Eat-In Kitchen, Window
Br2nd13.09' x 10.01'B/I Closet, Tile Floor, Window
2nd Br2nd9.15' x 9.55'Parquet Floor, O/Looks Backyard, Window
Kitchen2nd10.07' x 13.16'Eat-In Kitchen, Tile Floor, Window
Br2nd11.84' x 9.09'Hardwood Floor, Closet, Bay Window
Kitchen3rd16.57' x 9.15'Tile Floor, Eat-In Kitchen, Window
Living3rd11.84' x 9.09'Hardwood Floor, Closet, Bay Window
Common RmBsmt14.60' x 16.08'Pot Lights, Tile Floor, Window
BrBsmt8.83' x 14.24'Ceramic Floor, Closet
Toronto Market Statistics
Toronto Price Trend
216 Oakwood Ave is a 5-bedroom 4-bathroom home listed for sale at $1,499,000, which is $1,282,008 (46.1%) lower than the average sold price of $2,781,008 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 5 bedroom home in Toronto increased by $198,249 (7.7%) compared to the previous 30 day period (March 15 - April 13) and down $154,254 (5.3%) from the same time one year ago.
Inventory Change
There were 222 5-bedroom homes listed in Toronto over the last 30 days (April 14 - May 13), which is up 113.5% compared with the previous 30 day period (March 15 - April 13) and up 52.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold $39,350 (1.4%) above asking price over the last 30 days (April 14 - May 13), which represents a $41,775 increase compared to the previous 30 day period (March 15 - April 13) and $49,535 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 5-bedroom homes in Toronto over the last 30 days (April 14 - May 13) stood at 28.4%, down from 51.9% over the previous 30 days (March 15 - April 13) and down from 51.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Toronto stood at 15 days when successfully sold over the last 30 days (April 14 - May 13), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Rare Real Estate
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