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Property Description
Nestled in the prestigious Thornhill Uplands, this cherished executive property has been a family treasure for over half a century. Rarely available, it boasts one of the few exclusive addresses with no homes across the street, offering an unparalleled and unobstructed view of the serene Oakbank Pond Park. Just steps away from the vibrant amenities of Yonge Street, this property seamlessly combines tranquility and convenience. Situated on a sprawling 100 x 250 ft lot, it presents a remarkable opportunity to build the home of your dreams, with endless potential to create a luxurious retreat in one of Thornhill's most sought-after neighbourhoods
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Extras
Minutes to the 407/404 and Langstaff GO Station.
Nearby Intersections
Property Features
Arts Centre, Fenced Yard, Grnbelt/Conserv, Hospital, Lake/Pond, Rec Centre
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
100' x 250'
Lot Irregularities
Depth is 240 Feet On South Side
Fronting
East
Taxes
$11,896 (2024)
Basement
Full, Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Pvt Double
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 15.16' x 23.43' | Hardwood Floor, Fireplace, O/Looks Frontyard |
| Dining | Main | 10.79' x 13.85' | Hardwood Floor, Window |
| Kitchen | Main | 12.04' x 15.62' | Granite Counter, W/O To Deck |
| Prim Bdrm | Main | 12.04' x 13.22' | 2 Pc Ensuite, Closet, Window |
| 2nd Br | Main | 10.86' x 13.16' | Window, Closet, O/Looks Backyard |
| 3rd Br | Main | 14.21' x 14.44' | B/I Desk, Window |
| Rec | Bsmt | 12.04' x 24.08' |
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Vaughan Market Statistics
Vaughan Price Trend
7 Oakbank Rd is a 3-bedroom 2-bathroom home listed for sale at $3,395,000, which is $2,097,005 (161.6%) higher than the average sold price of $1,297,995 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Vaughan increased by $31,971 (2.5%) compared to the previous 30 day period (July 21 - August 19) and down $51,523 (3.8%) from the same time one year ago.Inventory Change
There were 92 3-bedroom homes listed in Vaughan over the last 30 days (August 20 - September 18), which is down 3.2% compared with the previous 30 day period (July 21 - August 19) and up 3.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Vaughan typically sold ($5,539) (0.4%) below asking price over the last 30 days (August 20 - September 18), which represents a $21,598 decrease compared to the previous 30 day period (July 21 - August 19) and $24,098 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 Vaughan over the last 30 days (August 20 - September 18) stood at 54.3%, up from 40.0% over the previous 30 days (July 21 - August 19) and up from 46.1% 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 Vaughan stood at 22 days when successfully sold over the last 30 days (August 20 - September 18), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Burloak Real Estate Services
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