123 Galloway Rd

FOR SALE
$969,000
123 Galloway Rd, Scarborough
123 Galloway Rd
123 Galloway Rd
123 Galloway Rd
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
E11928194
MLSID
Contact Us
Property Description
Excellent Builder Opportunity*** Building Permit** Is Ready to start. Build Your Dream Home in premium Lot 50X130 Feet. Perfect for First Time Home Buyer Or Investor. Close to all amenities and TTC. Sold As is Condition.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-10-19 2024-02-29 133 $799,000 - Expired
2021-08-25 2022-03-02 189 $995,000 $1,065,000 Sold
2021-08-25 2021-12-25 184 $995,000 - Expired
2021-08-25 2021-12-25 122 $995,000 - Expired
2020-03-06 2020-06-05 91 $679,000 - Expired
Nearby Intersections
Property Features
Arts Centre, Beach, Campground, Golf, Hospital, Island
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
50' x 130'
Acreage
< .50
Fronting
East
Taxes
$2,860 (2024)
Basement
None
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
None
Scarborough Market Statistics
Scarborough Price Trend
123 Galloway Rd is a 2-bedroom 2-bathroom home listed for sale at $969,000, which is $144,034 (12.9%) lower than the average sold price of $1,113,034 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 2 bedroom home in Scarborough increased by $90,637 (8.9%) compared to the previous 30 day period (December 20 - January 18) and up $70,043 (6.7%) from the same time one year ago.
Inventory Change
There were 118 2-bedroom homes listed in Scarborough over the last 30 days (January 19 - February 17), which is up 57.3% compared with the previous 30 day period (December 20 - January 18) and up 12.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $31,814 (2.9%) above asking price over the last 30 days (January 19 - February 17), which represents a $43,281 increase compared to the previous 30 day period (December 20 - January 18) and $23,921 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 19 - February 17) stood at 52.5%, down from 56.0% over the previous 30 days (December 20 - January 18) and down from 67.6% 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 20 days when successfully sold over the last 30 days (January 19 - February 17), compared to 81 days before being removed from the market upon being suspended or terminated.
Listing contracted with Bss Realty Inc.
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