118 Wallace St
West Woodbridge, Woodbridge, L4L 2P4
FOR SALE
$1,499,000
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Property Description
Welcome to 118 Wallace St, an extraordinary find nestled in the heart of West Woodbridge. This remarkable property, occupying an expansive lot, effortlessly marries the conveniences of city living with the tranquillity of the countryside. Positioned alongside the serene Humber River in a secluded, private setting, this home has undergone thoughtful renovations while preserving its timeless character. The open-concept main floor seamlessly integrates contemporary living with the charm of yesteryear, creating inviting spaces that beckon you to make yourself at home. Upstairs, generously sized bedrooms provide both comfort and privacy, offering the ideal retreat for relaxation. Located just a brief 5-minute stroll away, the Market Lane shops and dining establishments offer a world of convenience, ensuring that everything you need is just moments from your doorstep.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-24 | 2024-03-08 | 44 | $1,499,000 | - | Terminated |
| 2024-01-24 | 2024-02-27 | 34 | $1,499,000 | - | Suspended |
| 2023-09-26 | 2024-01-10 | 106 | $1,499,000 | - | Suspended |
| 2022-06-07 | 2022-08-05 | 59 | $1,499,000 | - | Terminated |
| 2022-04-19 | 2022-06-07 | 49 | $1,599,000 | - | Terminated |
| 2021-10-13 | 2021-11-22 | 40 | $1,599,000 | - | Terminated |
| 2021-09-24 | 2021-10-13 | 19 | $1,699,000 | - | Terminated |
| 2021-07-26 | 2021-09-24 | 60 | $1,799,000 | - | Terminated |
Extras
Don't let this extraordinary opportunity slip through your fingers; make this exceptional residence your own, and relish the perfect blend of historic charm and modern comfort in the heart of Woodbridge.
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
50' x 235'
Fronting
West
Taxes
$4,763 (2023)
Basement
Part Fin
Exterior
Other, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
None
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Woodbridge Market Statistics
Woodbridge Price Trend
118 Wallace St is a 3-bedroom 4-bathroom home listed for sale at $1,499,000, which is $166,186 (12.5%) higher than the average sold price of $1,332,814 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 3 bedroom home in Woodbridge declined by $4,297 (0.3%) compared to the previous 30 day period (February 29 - March 29) and down $95,904 (6.7%) from the same time one year ago.Inventory Change
There were 101 3-bedroom homes listed in Woodbridge over the last 30 days (March 30 - April 28), which is up 1.0% compared with the previous 30 day period (February 29 - March 29) and up 65.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Woodbridge typically sold $14,128 (1.1%) above asking price over the last 30 days (March 30 - April 28), which represents a $6,189 decrease compared to the previous 30 day period (February 29 - March 29) and $36,670 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 Woodbridge over the last 30 days (March 30 - April 28) stood at 60.4%, up from 57.0% over the previous 30 days (February 29 - March 29) and down from 83.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Woodbridge stood at 12 days when successfully sold over the last 30 days (March 30 - April 28), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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