20 Martindale Rd

FOR SALE
$1,249,500
20 Martindale Rd, Scarborough
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3 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
5 + 5
ROOMS
E11934401
MLSID
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Property Description
Attention all builders/developers/investors! Unbeatable opportunity In Cliffcrest. 60 .43Ft X 124.50 Ft lot in a desirable community. unique Opportunity To Live Here, Or Build Your Dream Home! Surrounded by multi-million-dollar custom-built homes. Builders and investors seeking rental income while developing . First-time buyers benefiting from a finished apartment basement. Convenient access to GO Train, TTC, and Schools, shopping, Highway 401 and all amenities. Dont miss this exceptional Opportunity.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-13 2025-01-17 65 $1,250,000 - Terminated
2024-09-10 2024-10-25 45 $1,250,000 - Terminated
2022-02-22 2022-03-03 9 $1,225,000 - Terminated
2021-04-22 2021-04-23 1 $799,000 $801,000 Sold
Extras
2 Fridges, 2 Stoves, 2 Washers, 2 Dryers, 1 Dishwasher and All Light Fixtures.
Nearby Intersections
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
60' x 124'
Fronting
North
Taxes
$3,800 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
Detached
Scarborough Market Statistics
Scarborough Price Trend
20 Martindale Rd is a 3-bedroom 3-bathroom home listed for sale at $1,249,500, which is $56,788 (4.8%) higher than the average sold price of $1,192,712 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $86,213 (6.7%) compared to the previous 30 day period (November 19 - December 18) and down $60,928 (4.9%) from the same time one year ago.
Inventory Change
There were 319 3-bedroom homes listed in Scarborough over the last 30 days (December 19 - January 17), which is down 33.8% compared with the previous 30 day period (November 19 - December 18) and up 27.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold ($7,431) (0.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,931 decrease compared to the previous 30 day period (November 19 - December 18) and ($28,262) 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 (December 19 - January 17) stood at 61.8%, down from 100.8% over the previous 30 days (November 19 - December 18) and down from 83.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Scarborough stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 76 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Ace Realty Inc.
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