2 Westcroft Dr

FOR SALE
$925,000
2 Westcroft Dr, Scarborough
2 Westcroft Dr
2 Westcroft Dr
2 Westcroft Dr
2 Westcroft Dr
2 Westcroft Dr
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
E9236462
MLSID
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Property Description
Welcome to 2 Westcroft Drive, a charming 3-bedroom, fully detached bungalow nestled in the desirable Scarborough East End neighbourhood. This property presents an incredible opportunity for investors, builders, and contractors alike. Set on a generous lot of over 7,050 sq. ft., the potential here is truly limitless. The bungalow features a spacious and inviting layout, with three comfortable bedrooms, a bright and airy living room, and a well-sized kitchen ready for your personal touch. The expansive backyard offers endless possibilities for outdoor living, gardening, or future expansion. Additional land near the garage can house a boat, RV, or equipment. The fully detached garage is fully functional, and has power and equipment for an electric vehicle. Located in a thriving community, this property is close to excellent schools, parks, shopping, and public transit, making it an ideal spot for families and professionals. Whether you envision a stunning renovation, a complete rebuild, or an addition to enhance the existing structure, 2 Westcroft Drive is your canvas. Don't miss out on this unique opportunity to create your dream home or a profitable investment property in one of Scarborough's most sought-after areas. Amazing potential awaits!
Extras
Mostly land value, ideal for a builder/investor, can build up to 6-10 townhomes or a small rental building, as well as a 4 plex and garden suite.
Nearby Intersections
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
54' x 132'
Fronting
West
Taxes
$3,226 (2024)
Basement
Unfinished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
FamilyMain10.01' x 21.00'Laminate, W/O To Yard
KitchenMain10.99' x 11.81'Ceramic Floor
LivingMain10.99' x 14.67'Laminate
BrMain14.44' x 14.67'Laminate, W/I Closet
BrMain10.01' x 10.99'Laminate, W/I Closet
BrMain8.63' x 11.15'Laminate, Closet
Scarborough Market Statistics
Scarborough Price Trend
2 Westcroft Dr is a 3-bedroom 2-bathroom home listed for sale at $925,000, which is $353,461 (27.6%) lower than the average sold price of $1,278,461 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $3,052 (0.2%) compared to the previous 30 day period (July 17 - August 15) and down $50,843 (3.8%) from the same time one year ago.
Inventory Change
There were 929 3-bedroom homes listed in Scarborough over the last 30 days (August 16 - September 14), which is up 34.8% compared with the previous 30 day period (July 17 - August 15) and up 5.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold ($2,281) (0.2%) below asking price over the last 30 days (August 16 - September 14), which represents a $20,078 decrease compared to the previous 30 day period (July 17 - August 15) and $34,973 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 3-bedroom homes in Scarborough over the last 30 days (August 16 - September 14) stood at 40.7%, down from 57.9% over the previous 30 days (July 17 - August 15) and down from 44.0% 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 21 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Young Realty Inc.
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