109 Virginia Ave
Danforth Village-East York, Scarborough, M4C 2T1
FOR SALE
$1,188,000

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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! **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 $67,015 (6.0%) higher than the average sold price of $1,120,985 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom home in Scarborough increased by $58,129 (5.5%) compared to the previous 30 day period (December 22 - January 20) and up $73,510 (7.0%) from the same time one year ago.Inventory Change
There were 118 2-bedroom homes listed in Scarborough over the last 30 days (January 21 - February 19), which is up 61.6% compared with the previous 30 day period (December 22 - January 20) and up 10.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $34,443 (3.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $44,192 increase compared to the previous 30 day period (December 22 - January 20) and $30,021 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 (January 21 - February 19) stood at 50.0%, down from 50.7% over the previous 30 days (December 22 - January 20) and down from 61.7% 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 21 days when successfully sold over the last 30 days (January 21 - February 19), compared to 83 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Millennium Real Estate
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