263 Oak Park Ave
Woodbine-Lumsden, Scarborough, M4C 4N4
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BEDROOMS3
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KITCHENS9
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Property Description
100K+ gross income potential! Amazing Legal Triplex, property zoned for a 6 plex, park 4 car garage, three 2 bedroom units, its like owning 3 houses in one, close to the beaches, close to downtown, walking distance to the hockey arena, walking distance to Stan Wadlow Park, walking distance to conservation area trails, public pool, curling arena, everything you could ever want is close by.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 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 134'
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 $2,090,000, which is $929,376 (30.8%) lower than the average sold price of $3,019,376 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 6 bedroom home in Scarborough declined by $38,698 (1.3%) compared to the previous 30 day period (March 15 - April 13) and down $282,910 (8.6%) from the same time one year ago.Inventory Change
There were 44 6-bedroom homes listed in Scarborough over the last 30 days (April 14 - May 13), which is up 158.8% compared with the previous 30 day period (March 15 - April 13) and up 25.7% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Scarborough typically sold ($197,494) (6.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $511,252 decrease compared to the previous 30 day period (March 15 - April 13) and ($18,090) 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 (April 14 - May 13) stood at 38.6%, down from 70.6% over the previous 30 days (March 15 - April 13) and up from 31.4% 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 21 days when successfully sold over the last 30 days (April 14 - May 13), compared to 48 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Landmark Realty Ltd.
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