294 Valermo Dr

FOR SALE
$2,249,000
294 Valermo Dr, Etobicoke
294 Valermo Dr
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4 + 2
BEDROOMS
6
BATHROOMS
1 + 1
KITCHENS
11 + 3
ROOMS
W9767737
MLSID
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Property Description
Discover your dream home in this immaculate, detached modern residence in the heart of Alderwood, Etobicoke. With undeniable curb appeal, this property features a beautifully landscaped front yard that leads into a bright, open-concept living space. The main floor showcases sleek finishes, hardwood floors, and large windows. The chefs kitchen with oversize granite kitchen island, complete with a gas stove and generous storage, is perfect for hosting family gatherings and entertaining in style. The second floor features four spacious bedrooms and three modern three-piece bathrooms, along with a charming patio for outdoor relaxation. The top floor is dedicated to the luxurious primary suite, featuring a massive walk-in closet and a spa-like ensuite bathroom-a true private retreat. The fully finished basement provides flexible living space, ideal as an in-law suite with kitchen, 2 bedrooms & 1 bathroom. Outside, the beautifully landscaped backyard, complete with a rough-in for a gas BBQ, is perfect for summer entertaining.
Extras
Additional highlights include direct-entry double garage, air conditioning, and close proximity to top-rated schools, parks, and shopping, making this home a rare gem in the desirable Alderwood community.
Property Details
Community
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
39' x 93'
Fronting
North
Taxes
$9,885 (2024)
Basement
Apartment, Finished
Exterior
Brick, Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
Great RmMain14.40' x 14.60'Hardwood Floor, Open Concept, Large Window
DiningMain12.01' x 14.60'Hardwood Floor, Open Concept, Window
KitchenMain9.61' x 14.76'B/I Appliances, Modern Kitchen, Backsplash
BreakfastMain9.61' x 14.76'Combined W/Kitchen, Hardwood Floor, Walk-Out
Family2nd20.31' x 15.81'Laminate, Large Window
2nd Br2nd13.09' x 12.60'Laminate, 4 Pc Ensuite, W/I Closet
3rd Br2nd14.76' x 11.38'Laminate, 4 Pc Ensuite, W/I Closet
4th Br2nd15.03' x 14.01'Laminate, 3 Pc Ensuite, W/I Closet
Prim Bdrm3rd21.78' x 16.99'Laminate, Fireplace, 5 Pc Ensuite
Office3rd206.96' x 14.99'Laminate
Etobicoke Market Statistics
Etobicoke Price Trend
294 Valermo Dr is a 4-bedroom 6-bathroom home listed for sale at $2,249,000, which is $397,646 (21.5%) higher than the average sold price of $1,851,354 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 4 bedroom home in Etobicoke declined by $114,988 (5.8%) compared to the previous 30 day period (September 24 - October 23) and down $124,716 (6.3%) from the same time one year ago.
Inventory Change
There were 497 4-bedroom homes listed in Etobicoke over the last 30 days (October 24 - November 22), which is down 28.4% compared with the previous 30 day period (September 24 - October 23) and up 8.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Etobicoke typically sold ($36,285) (2.0%) below asking price over the last 30 days (October 24 - November 22), which represents a $10,699 decrease compared to the previous 30 day period (September 24 - October 23) and ($65,210) 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 Etobicoke over the last 30 days (October 24 - November 22) stood at 54.9%, up from 45.5% over the previous 30 days (September 24 - October 23) and up from 51.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 6-bathroom home in Etobicoke stood at 24 days when successfully sold over the last 30 days (October 24 - November 22), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Ipro Realty Ltd
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