126 Barker Ave
Danforth Village-East York, Scarborough, M4C 2N9
FOR SALE
$1,399,800
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4 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS10 + 5
ROOMSE9282773
MLSIDContact Us
Property Description
Solid Brick 2 Storey Building! 4 Seperate Hydro Meters! Huge Irregular Lot that the Rear! There are 3 Units Consisting of 2X2 Br Units, and 1x1Br.+Den in the Basement. The Basement Furnqace Room/Laundry Room Has a Seperate Rear Entrance for Access. Main and 2nd Floor Units Have Been Updated, and the Bright Lower Unit Is Set Well Above Grade, Providing Exceptional Natural Light. Lower Unit was in the Process of Being Renovated with Partial Kitchen and Washroom. The Property Also Includes a Massive 1,200 Sq Ft Detached Garage With 12' Ceilings suitable for a Possible Workshop. It would Perfect for Multiple Vehicles or Additional Storage. Plenty of Parking Is Available in the Driveway. All Units Are Currently Vacant, Allowing You to Set Your Own Rental Rates. Located With TTC at Your Doorstep, This Property Is a Prime Opportunity for Investors or Homeowners Alike.
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
25' x 80'
Acreage
< .50
Lot Irregularities
Irregular Pie Shape Lot
Fronting
North
Taxes
$5,443 (2023)
Basement
Fin W/O
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Mutual
Garage Type
Detached
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Scarborough Market Statistics
Scarborough Price Trend
126 Barker Ave is a 4-bedroom 3-bathroom home listed for sale at $1,399,800, which is $588,431 (29.6%) lower than the average sold price of $1,988,231 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 4 bedroom home in Scarborough increased by $86,918 (4.6%) compared to the previous 30 day period (August 6 - September 4) and down $76,751 (3.7%) from the same time one year ago.Inventory Change
There were 892 4-bedroom homes listed in Scarborough over the last 30 days (September 5 - October 4), which is up 160.8% compared with the previous 30 day period (August 6 - September 4) and up 16.1% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($22,512) (1.1%) below asking price over the last 30 days (September 5 - October 4), which represents a $28,543 increase compared to the previous 30 day period (August 6 - September 4) and ($409) 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 4-bedroom homes in Scarborough over the last 30 days (September 5 - October 4) stood at 30.9%, down from 55.8% over the previous 30 days (August 6 - September 4) and down from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Scarborough stood at 21 days when successfully sold over the last 30 days (September 5 - October 4), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Gowest Realty Ltd.
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