2151 Danforth Ave
East End-Danforth, Scarborough, M4C 1K2
FOR SALE
$5,999,000
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9
BEDROOMS9
BATHROOMS9
KITCHENS43
ROOMSE9044117
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Property Description
Tremendous Long term Investment Strategy In vibrant Danforth and Woodbine Area. 10 Premium Residential Rental units with 1 commercial Tenant. No expense or detail spared. Would make a great addition to any Toronto Portfolio. All units are completely self contained. In-demand location. Steps to Danforth Shopping, Woodbine and Transit. 4- One Bedroom suites & 6-Two Bedroom suites.Extras: Separate gas and hydro meters.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-04-19 | 2024-07-17 | 89 | $6,249,000 | - | Terminated |
Nearby Intersections
Danforth & Woodbine (25)
Woodbine & Gerrard (36)
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Property Details
Street
Community
City
Property Type
Multiplex, 3-Storey
Lot Size
40' x 100'
Fronting
North
Taxes
$37,748 (2023)
Basement
Unfinished
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
Built-In
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Scarborough Market Statistics
Scarborough Price Trend
2151 Danforth Ave is a 9-bedroom 9-bathroom home listed for sale at $5,999,000, which is $2,854,000 (90.7%) higher than the average sold price of $3,145,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 9 bedroom home in Scarborough increased by $1,046,112 (49.8%) compared to the previous 30 day period (September 21 - October 20) and up $1,195,000 (61.3%) from the same time one year ago.Inventory Change
There were 7 9-bedroom homes listed in Scarborough over the last 30 days (October 21 - November 19), which is down 22.2% compared with the previous 30 day period (September 21 - October 20) and up 75.0% compared with the same period last year.Sold Price Above/Below Asking ($)
9-bedroom homes in Scarborough typically sold ($54,900) (1.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $3,788 decrease compared to the previous 30 day period (September 21 - October 20) and ($140,000) 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 9-bedroom homes in Scarborough over the last 30 days (October 21 - November 19) stood at 14.3%, up from 11.1% over the previous 30 days (September 21 - October 20) and down from 25.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 9-bedroom 9-bathroom home in Scarborough stood at 6 days when successfully sold over the last 30 days (October 21 - November 19), compared to 122 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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