109 Virginia Ave
Danforth Village-East York, Scarborough, M4C 2T1
FOR SALE
$1,188,000
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BEDROOMS2
BATHROOMS1
KITCHENS7
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Property Description
Nestled in the highly sought-after East York neighborhood of Toronto, this charming 2+1 bedroomdetached bungalow is set on an expansive 30-foot by 100-foot lot, offering incredible potential fora custom-built dream home. The spacious layout boasts a generous living area, four well-sizedbedrooms, and a functional kitchen, perfect for comfortable living or as a base to renovate andpersonalize.The property features a large, private backyard that presents endless opportunities for outdoorenjoyment or future development. Whether you're looking to modernize the existing home or start fromscratch to create a bespoke residence, this lot provides ample space to bring your vision to life. Don't miss the opportunity to own a piece of East York and make this property your own!
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Extras
SELLER PREFERS TO SELL IN TANDOM WITH NEIGHBOURING PROPERTY (111). EXCELLENT BUILDING POTENTIAL. All Attached Permanent Fixtures Are Included In The Sale. Washer/Dryer, Fridge, Stove, Range Hood,Window Coverings, Light Fixtures.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
31' x 100'
Fronting
South
Taxes
$3,771 (2024)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Detached
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Scarborough Market Statistics
Scarborough Price Trend
109 Virginia Ave is a 2-bedroom 2-bathroom home listed for sale at $1,188,000, which is $165,763 (16.2%) higher than the average sold price of $1,022,237 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom home in Scarborough declined by $138,096 (11.9%) compared to the previous 30 day period (November 19 - December 18) and up $50,754 (5.2%) from the same time one year ago.Inventory Change
There were 75 2-bedroom homes listed in Scarborough over the last 30 days (December 19 - January 17), which is down 17.6% compared with the previous 30 day period (November 19 - December 18) and up 92.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold ($12,433) (1.2%) below asking price over the last 30 days (December 19 - January 17), which represents a $8,583 decrease compared to the previous 30 day period (November 19 - December 18) and ($25,088) 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 2-bedroom homes in Scarborough over the last 30 days (December 19 - January 17) stood at 60.0%, down from 84.6% over the previous 30 days (November 19 - December 18) and down from 107.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Scarborough stood at 35 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Millennium Real Estate
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