24 Rainbow Dr

FOR SALE
$1,650,000
24 Rainbow Dr, Woodbridge
24 Rainbow Dr
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4
BEDROOMS
5
BATHROOMS
1
KITCHENS
8
ROOMS
N9370818
MLSID
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Property Description
OPPORTUNITY TO PURCHASE 'AS IS' AND FINISH YOURSELF! This brand-new, modern 4+1bedroom, 5-bathroom home offers a fantastic opportunity for those seeking luxury and convenience. With approximately 2,654 sq. ft. of above-grade living space with huge principal rooms, this property is perfect for families who appreciate both style and function. The home features a spacious walk-up basement with a separate entrance, including a 1-bedroom suite complete with a kitchenette, 3-piece bath, separate laundry, and an open-concept design perfect for guests, in-laws, or potential rental income. Inside, the open-concept high ceiling layout flows seamlessly between the living, dining, and kitchen areas, making it ideal for entertaining. The large backyard provides ample space for outdoor activities, while the homes sleek modern exterior and well-maintained landscaping will give it incredible curb appeal. Located in a prime area of Woodbridge with easy access to major highways, public transit, great schools, churches, and all necessary amenities, this home offers the best of convenience and comfort. Don't miss out on this fantastic opportunity to own a stunning modern home in a highly desirable neighborhood! This home will be turnkey within a few months. Not to be missed
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-10-28 2021-11-25 28 $1,979,000 $1,915,000 Sold
Extras
'as is'
Nearby Intersections
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
30' x 129'
Fronting
North
Basement
Sep Entrance, Walk-Up
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
KitchenMain10.50' x 14.50'Open Concept, Ceramic Floor, Modern Kitchen
DiningMain12.01' x 20.01'Open Concept, O/Looks Living
LivingMain14.01' x 20.01'W/O To Deck, Fireplace, Open Concept
Prim Bdrm2nd13.32' x 15.68'Coffered Ceiling, W/I Closet, 5 Pc Ensuite
2nd Br2nd12.01' x 11.32'Double Closet, Semi Ensuite, Large Window
3rd Br2nd10.83' x 13.32'Double Closet, Semi Ensuite, Pot Lights
4th Br2nd10.99' x 13.68'4 Pc Bath, W/I Closet, Large Window
Woodbridge Market Statistics
Woodbridge Price Trend
24 Rainbow Dr is a 4-bedroom 5-bathroom home listed for sale at $1,650,000, which is $31,652 (2.0%) higher than the average sold price of $1,618,348 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Woodbridge increased by $58,000 (3.7%) compared to the previous 30 day period (September 21 - October 20) and down $136,480 (7.8%) from the same time one year ago.
Inventory Change
There were 188 4-bedroom homes listed in Woodbridge over the last 30 days (October 21 - November 19), which is down 12.6% compared with the previous 30 day period (September 21 - October 20) and up 15.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Woodbridge typically sold ($41,258) (2.5%) below asking price over the last 30 days (October 21 - November 19), which represents a $15,066 decrease compared to the previous 30 day period (September 21 - October 20) and ($50,868) more 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 4-bedroom homes in Woodbridge over the last 30 days (October 21 - November 19) stood at 59.6%, up from 40.0% over the previous 30 days (September 21 - October 20) and up from 40.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Woodbridge stood at 21 days when successfully sold over the last 30 days (October 21 - November 19), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Premier Inc.
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