88 Valecrest Dr
Edenbridge-Humber Valley, Etobicoke, M9A 4P6
FOR SALE
$2,499,000

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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.
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Property Details
Street
Community
City
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
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 9.68' x 15.85' | Gas Fireplace, O/Looks Frontyard |
Living | Main | 13.16' x 21.00' | Hardwood Floor, Large Window, Fireplace |
Dining | Main | 13.09' x 11.91' | Bay Window, Hardwood Floor, Large Window |
Prim Bdrm | Main | 15.32' x 13.25' | 2 Pc Ensuite, Large Window, His/Hers Closets |
2nd Br | Main | 9.48' x 11.98' | Closet, Hardwood Floor |
3rd Br | Main | 13.25' x 12.60' | Closet, Hardwood Floor |
Family | 2nd | 20.51' x 18.41' | Broadloom, Large Window |
Rec | Bsmt | 12.66' x 23.65' | |
Rec | Bsmt | 28.18' x 10.66' | |
Laundry | Bsmt | 13.16' x 28.41' |
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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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