88 Valecrest Dr

FOR SALE
$2,499,000
88 Valecrest Dr, Etobicoke
88 Valecrest Dr
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
9 + 3
ROOMS
W12010920
MLSID
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Property Description
Welcome to 88 Valecrest Drive, a charming ranch-style bungalow with a second-storey loft over the garage, nestled in one of Etobicokes most sought-after neighborhoods. This delightful 3-bedroom home presents an exceptional opportunity for homeowners and investors alike - whether you're looking to update and personalize the existing space or envisioning a custom build on this prime lot. Inside, you'll find a spacious and functional layout, featuring well-appointed bedrooms and multiple living areas that are bathed in natural light from large windows, creating a warm and inviting atmosphere. With its solid bones, this property serves as a perfect canvas for your dream home renovations. Alternatively, the generous lot and prestigious location make it an excellent choice for a new custom build. Located on a tranquil street, this home offers easy access to top-rated schools, beautiful parks, and convenient connections to highways and public transit. Don't miss your chance to explore the endless possibilities that 88 Valecrest Drive has to offer - whether you're planning a renovation or a brand-new build, this property has the potential to become something truly special.
Nearby Intersections
Property Details
Property Type
Detached
Lot Size
132' x 75'
Lot Irregularities
Curves in one corner
Fronting
East
Taxes
$8,455 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain9.68' x 15.85'Gas Fireplace, O/Looks Frontyard
LivingMain13.16' x 21.00'Hardwood Floor, Large Window, Fireplace
DiningMain13.09' x 11.91'Bay Window, Hardwood Floor, Large Window
Prim BdrmMain15.32' x 13.25'2 Pc Ensuite, Large Window, His/Hers Closets
2nd BrMain9.48' x 11.98'Closet, Hardwood Floor
3rd BrMain13.25' x 12.60'Closet, Hardwood Floor
Family2nd20.51' x 18.41'Broadloom, Large Window
RecBsmt12.66' x 23.65'
RecBsmt28.18' x 10.66'
LaundryBsmt13.16' x 28.41'
Etobicoke Market Statistics
Etobicoke Price Trend
88 Valecrest Dr is a 3-bedroom 2-bathroom home listed for sale at $2,499,000, which is $1,206,402 (93.3%) higher than the average sold price of $1,292,598 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Etobicoke increased by $71,412 (5.8%) compared to the previous 30 day period (December 22 - January 20) and down $8,210 (0.6%) from the same time one year ago.
Inventory Change
There were 676 3-bedroom homes listed in Etobicoke over the last 30 days (January 21 - February 19), which is up 105.5% compared with the previous 30 day period (December 22 - January 20) and up 23.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Etobicoke typically sold $27,264 (2.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $35,980 increase compared to the previous 30 day period (December 22 - January 20) and $32,657 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 3-bedroom homes in Etobicoke over the last 30 days (January 21 - February 19) stood at 52.8%, down from 53.2% over the previous 30 days (December 22 - January 20) and down from 73.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Etobicoke stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Professionals Inc.
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