103 Malvern Ave

FOR SALE
$1,799,000
103 Malvern Ave, Scarborough
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
103 Malvern Ave
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5 + 2
BEDROOMS
4
BATHROOMS
2 + 1
KITCHENS
10 + 4
ROOMS
E8447062
MLSID
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Property Description
Three self contained units, all separately metered and each with their own independent HVAC systems. Expertly renovated back to the studs with new insulation, wiring and mechanical systems. Come see the quality and thought that went into this legal triplex. In addition to the main building, the "L" shaped property has site plan approvals for a 1700 sqft garden suite at the rear of the property as well as enough room to park 4 cars side-by-side on this unique upper beaches property. The design of each unit took outdoor living space into consideration so each unit has a designated outdoor area. The property is perfect for a multi-generational living situation, a live and rent option or a straight up investment.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-20 2024-06-12 113 $2,695,000 - Terminated
2022-03-03 2022-03-05 2 $1,699,000 $1,602,500 Sold
2022-03-03 2022-03-05 2 $1,699,000 $1,602,500 Sold
2022-02-16 2022-03-03 15 $1,599,900 - Terminated
Extras
Approved plans to build a 1700 sqft - 3 bed, 2.5 bath garden suite with loft. Utilities pre run to rear of property. Orphaned lane owned to accommodate 4 additional parking spaces in addition to garden suite. Vacant Occupancy Guaranteed.
Nearby Intersections
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
Property Details
Property Type
Detached, 3-Storey
Lot Size
25' x 140'
Lot Irregularities
Plus 47.51 X 20 Feet Per Survey & Legal
Fronting
East
Taxes
$6,243 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Rt-Of-Way
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.24' x 9.97'Large Window, Hardwood Floor, Pot Lights
KitchenMain8.27' x 9.12'Stainless Steel Appl, Undermount Sink, B/I Dishwasher
BrMain9.15' x 10.30'Closet, Window, B/I Closet
BrMain9.55' x 9.28', Window, B/I Closet
Kitchen2nd8.60' x 12.73'W/O To Deck, Centre Island, B/I Dishwasher
Dining2nd9.28' x 16.80'Window, Hardwood Floor, Combined W/Kitchen
Living2nd9.22' x 14.47'Pot Lights, Window, Hardwood Floor
Br2nd8.96' x 13.09'Pot Lights, Window, Hardwood Floor
Br3rd11.98' x 12.60'Hardwood Floor, Window, B/I Closet
Br3rd11.88' x 11.38'Skylight, Hardwood Floor, Overlook Patio
LivingBsmt16.86' x 9.12'Vinyl Floor, French Doors, Pot Lights
KitchenBsmt13.06' x 8.66'B/I Dishwasher, Pot Lights, B/I Range
Scarborough Market Statistics
Scarborough Price Trend
103 Malvern Ave is a 5-bedroom 4-bathroom home listed for sale at $1,799,000, which is $1,333,914 (42.6%) lower than the average sold price of $3,132,914 in the last 30 days (May 31 - June 29). During the last 30 days the average sold price for a 5 bedroom home in Scarborough increased by $570,909 (22.3%) compared to the previous 30 day period (May 1 - May 30) and up $481,890 (18.2%) from the same time one year ago.
Inventory Change
There were 171 5-bedroom homes listed in Scarborough over the last 30 days (May 31 - June 29), which is down 25.0% compared with the previous 30 day period (May 1 - May 30) and up 11.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Scarborough typically sold ($73,677) (2.4%) below asking price over the last 30 days (May 31 - June 29), which represents a $112,105 decrease compared to the previous 30 day period (May 1 - May 30) and $8,948 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 5-bedroom homes in Scarborough over the last 30 days (May 31 - June 29) stood at 35.7%, up from 35.5% over the previous 30 days (May 1 - May 30) and down from 61.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Scarborough stood at 17 days when successfully sold over the last 30 days (May 31 - June 29), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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