1461 Old Forest Rd

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1461 Old Forest Rd, Pickering
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
7 + 1
ROOMS
E3301903
MLSID
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Property Description
Opportunity! Double Lot! House Is Tenanted For 5 Years Same Tenant At $1,380.00 A Month, No Lease. Tenants Willing To Stay. Call Me Direct If Interested. Priced To Move Fast At Below Land Value! Custom Houses In The Area Valued At $1.3-1.4 Million. Do Not Go Direct. Must Contact Listing Agent.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-09-01 2023-11-30 90 $1,249,900 - Expired
Extras
No Showings. Land Value. Do Not Walk The Property. Do Not Disturb Tenants. Must Present Offer To View Property. No Lock Box On Property. No Sign On Property. Property Owned By Listing Agent. Survey Attached
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
108' x 275'
Fronting
East
Taxes
$5,223 (2015)
Basement
Part Fin
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
Pickering Market Statistics
Pickering Price Trend
1461 Old Forest Rd is a 3-bedroom 2-bathroom home listed for sale at $699,990, which is $356,804 (33.8%) lower than the average sold price of $1,056,794 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 3 bedroom home in Pickering increased by $53,152 (5.3%) compared to the previous 30 day period (February 24 - March 24) and down $36,559 (3.3%) from the same time one year ago.
Inventory Change
There were 45 3-bedroom homes listed in Pickering over the last 30 days (March 25 - April 23), which is up 2.3% compared with the previous 30 day period (February 24 - March 24) and up 15.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Pickering typically sold $60,253 (5.7%) above asking price over the last 30 days (March 25 - April 23), which represents a $8,363 increase compared to the previous 30 day period (February 24 - March 24) and $93,803 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 Pickering over the last 30 days (March 25 - April 23) stood at 91.1%, up from 47.7% over the previous 30 days (February 24 - March 24) and up from 89.7% 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 Pickering stood at 7 days when successfully sold over the last 30 days (March 25 - April 23), compared to 33 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Bayview Realty Inc., Brokerage
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Location Location Location! This delightful home is a must-see, boasting a charming and well-maintained appearance. Situated on a spacious half-acre lot with a picturesque park-like setting and a small water course, it offers serene atmosphere. With two large sheds for storage, a driveway accommodating six cars and a trailer, and no sidewalks, convenience and ample space are key features. The kitchen showcases beautiful updated cupboards, a large walk-in pantry, an eat-in area with a skylight, and a walk-out to the porch. The high ceilings and abundant windows throughout the home create a bright and inviting ambiance, complementing the cozy living room and dining room.
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