1304 Military Tr
Highland Creek, Scarborough, M1C 1A5
FOR SALE
$2,299,000
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3 + 2
BEDROOMS2
BATHROOMS1
KITCHENS9 + 1
ROOMSE7006026
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Property Description
Attention Investors, Builders And Developers Prime Investment Opportunity Large Lot 85Ftx262 Ft .Approved plan to Rebuild approximately 12 Bedrooms, Approx*11000 sq. feet + Basement. Beautiful 3 Bedrooms 2 Story House for Sale Property Generates $4500 Monthly in A Prestigious Neighborhood, Cross from UTSC . All Amenities Are Within Walking Distance. Bus Terminal Go Transit, TTC, Durham Transit, Centennial Collage, Toronto Pan Am Centre Are All walking distance. Mints to Hwy 401 Highway 2 Pickering Town Center & STC Including Nature Trails, Potentially Divided into Two Lots. Plans Submitted to City for Design Attached.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-06-10 | 2022-06-22 | 12 | $1,699,999 | - | Suspended |
| 2021-04-23 | 2021-04-30 | 7 | $1,680,000 | $1,680,000 | Sold |
| 2021-04-23 | 2021-04-30 | 7 | $1,680,000 | $1,680,000 | Sold |
| 2019-08-05 | 2020-08-31 | 392 | $1,680,000 | - | Expired |
| 2018-11-24 | 2019-08-05 | 254 | $1,830,000 | - | Suspended |
Extras
Fridge, Stove, Dishwasher, Washer & Dryer. All showing with confirm appointment only Rebuild approximately 12 Bedrooms, Approx*11000 sq feet + Basement. Design Attached. Currently Tenanted. Property Generates $4500 Monthly.
Property Features
Hospital, Library, Public Transit, Ravine, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
85' x 263'
Lot Irregularities
85.13West/262.87 North/80.49 East/235.2A
Fronting
North
Taxes
$4,904 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 22.44' x 25.00' | Combined W/Dining, Hardwood Floor, Open Concept |
| Dining | Main | 22.44' x 25.00' | Combined W/Living, Hardwood Floor, Open Concept |
| Kitchen | Main | 22.44' x 25.00' | Modern Kitchen, Breakfast Bar, Open Concept |
| Family | Main | 13.85' x 19.16' | Combined W/Solarium, Sunken Room, Cathedral Ceiling |
| Prim Bdrm | Upper | 11.48' x 13.12' | Broadloom, Double Closet |
| 2nd Br | Upper | 9.84' x 10.27' | Broadloom, Closet |
| 3rd Br | Upper | 8.07' x 8.17' | Broadloom, Window |
| Laundry | Main | 6.00' x 6.99' | Tile Floor |
| Rec | Lower | 9.51' x 17.65' | Broadloom, Pot Lights, Combined W/Office |
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Scarborough Market Statistics
Scarborough Price Trend
1304 Military Tr is a 3-bedroom 2-bathroom home listed for sale at $2,299,000, which is $964,158 (72.2%) higher than the average sold price of $1,334,842 in the last 30 days (September 2 - October 1). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $43,723 (3.4%) compared to the previous 30 day period (August 3 - September 1) and up $60,358 (4.7%) from the same time one year ago.Inventory Change
There were 1,140 3-bedroom homes listed in Scarborough over the last 30 days (September 2 - October 1), which is up 70.9% compared with the previous 30 day period (August 3 - September 1) and up 40.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $26,717 (2.0%) above asking price over the last 30 days (September 2 - October 1), which represents a $6,145 increase compared to the previous 30 day period (August 3 - September 1) and ($8,800) 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 3-bedroom homes in Scarborough over the last 30 days (September 2 - October 1) stood at 37.6%, down from 59.1% over the previous 30 days (August 3 - September 1) and down from 50.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Scarborough stood at 13 days when successfully sold over the last 30 days (September 2 - October 1), compared to 40 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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