212 Manse Rd

FOR SALE
$1,399,900
212 Manse Rd, Scarborough
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3
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
7
ROOMS
E11994368
MLSID
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Property Description
Attention Builders! This exceptional property located at 212 Manse Rd in the highly sought-after West Hill neighborhood of Scarborough presents an incredible investment opportunity. Situated on a double lot with a generous lot size of 74ft by 160ft, this spacious parcel of land offers the unique potential to build two brand new homes with garden suites a highly profitable venture for investors looking to capitalize on the real estate market to build generational wealth. Alternatively, if you're looking to create your dream home, this property provides the perfect foundation for building a luxurious residence with ample space. The added bonus? You could sell the second home or keep it as a rental property for additional income. This prime location is just a short distance from the beautiful shores of Lake Ontario, offering scenic views, recreational opportunities, and a peaceful environment to enjoy year-round. The West Hill neighborhood itself is known for its family-friendly atmosphere, excellent schools, parks, and easy access to public transit, making it an attractive area for homeowners and renters alike. With its enormous potential for high returns, whether you're a builder, investor, or a family looking for a customizable property, 212 Manse Rd is an opportunity that should not be missed. Don't let this rare offering slip away take advantage of this amazing opportunity to shape your future in one of Scarboroughs most desirable areas.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-09-06 2019-09-10 4 $1,100 $1,100 Leased
Nearby Intersections
Property Details
Street
Community
Property Type
Detached, 1 1/2 Storey
Lot Size
74' x 160'
Fronting
West
Taxes
$3,050 (2024)
Basement
Apartment, Sep Entrance
Exterior
Alum Siding
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
Scarborough Market Statistics
Scarborough Price Trend
212 Manse Rd is a 3-bedroom 2-bathroom home listed for sale at $1,399,900, which is $107,302 (8.3%) higher than the average sold price of $1,292,598 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $71,412 (5.8%) compared to the previous 30 day period (December 22 - January 20) and down $8,210 (0.6%) from the same time one year ago.
Inventory Change
There were 676 3-bedroom homes listed in Scarborough over the last 30 days (January 21 - February 19), which is up 105.5% compared with the previous 30 day period (December 22 - January 20) and up 23.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $27,264 (2.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $35,980 increase compared to the previous 30 day period (December 22 - January 20) and $32,657 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 (January 21 - February 19) stood at 52.8%, down from 53.2% over the previous 30 days (December 22 - January 20) and down from 73.4% 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 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc.
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