616 Oakwood Ave

FOR SALE
$979,000
616 Oakwood Ave, Toronto
616 Oakwood Ave
616 Oakwood Ave
616 Oakwood Ave
616 Oakwood Ave
616 Oakwood Ave
616 Oakwood Ave
616 Oakwood Ave
616 Oakwood Ave
616 Oakwood Ave
616 Oakwood Ave
616 Oakwood Ave
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
3
ROOMS
C8472194
MLSID
Contact Us
Property Description
A perfect bungalow for an end user or value-add investor in the family friendly Oakwood Village neighborhood. Spacious living room, kitchen, two-bedroom and 1 bathroom on main floor. Basement with separate side entrance that can easily be turned into a suite for rental income Recently renovated half bath and bedroom. Plumbing and electricals are in place for a kitchen. Private parking with laneway access. 5 minute walk to Oakwood LRT Station. 10 minute walk to Eglinton W Subway/TTC. Private backyard with room for garden and a patio. Potential to add a laneway suite.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-06 2024-06-24 18 $979,000 - Terminated
2024-06-03 2024-06-06 3 $979,000 - Terminated
Extras
Legal Description: PT LT 1 PL 1558 TWP OF YORK; PT LT 2 PL 1558 TWP OF YORK AS IN CY592491; T/W & S/T CY592491; TORONTO (YORK),CITY OF TORONTO
Nearby Intersections
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
26' x 93'
Fronting
West
Taxes
$3,611 (2023)
Basement
Part Fin, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain9.84' x 23.75'
KitchenMain7.64' x 10.24'
BrMain9.81' x 11.65'
BrMain8.40' x 10.30'
BathroomMain4.89' x 6.23'
BrBsmt12.83' x 18.73'
BathroomBsmt3.64' x 4.89'
KitchenBsmt11.15' x 16.67'
FurnaceBsmt7.58' x 11.06'
OtherBsmt6.66' x 7.22'
Toronto Market Statistics
Toronto Price Trend
616 Oakwood Ave is a 2-bedroom 2-bathroom home listed for sale at $979,000, which is $111,537 (10.2%) lower than the average sold price of $1,090,537 in the last 30 days (June 5 - July 4). During the last 30 days the average sold price for a 2 bedroom home in Toronto declined by $119,655 (9.9%) compared to the previous 30 day period (May 6 - June 4) and down $88,368 (7.5%) from the same time one year ago.
Inventory Change
There were 270 2-bedroom homes listed in Toronto over the last 30 days (June 5 - July 4), which is up 16.9% compared with the previous 30 day period (May 6 - June 4) and up 40.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Toronto typically sold $36,784 (3.4%) above asking price over the last 30 days (June 5 - July 4), which represents a $9,917 decrease compared to the previous 30 day period (May 6 - June 4) and $60,238 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 2-bedroom homes in Toronto over the last 30 days (June 5 - July 4) stood at 46.7%, down from 55.0% over the previous 30 days (May 6 - June 4) and down from 100.5% 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 Toronto stood at 13 days when successfully sold over the last 30 days (June 5 - July 4), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max All-Stars Realty Inc.
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