22 Griselda Cres

FOR SALE
$1,249,999
22 Griselda Cres, Scarborough
22 Griselda Cres
22 Griselda Cres
22 Griselda Cres
22 Griselda Cres
22 Griselda Cres
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3 + 3
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
6 + 3
ROOMS
E11956707
MLSID
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Property Description
Attention investors! This rare 6-bedroom bungalow in Scarborough offers an incredible income generating opportunity in a high-demand area. Property Highlights: 3 spacious bedrooms upstairs + 3 bedrooms downstairs Separate entrance to the basement for potential rental income. Steps to the Transit, Schools, Centennial College, U of T Scarborough campus, PANAM center, Hospital, 401, Malls and all amenities Located in a high-demand rental area with strong cash flow potential, Ideal for multi-generational living, student rentals, or long-term tenants. This is the perfect property for savvy investors looking to maximize returns. Don't miss out on this incredible opportunity!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-09-15 2021-09-25 10 $2,200 $2,300 Leased
2021-04-16 2021-04-27 12 $1,100,000 $1,025,000 Sold
2019-10-21 2019-11-03 13 $2,300 - Suspended
2019-10-08 2019-10-20 12 $825,000 - Suspended
Nearby Intersections
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
50' x 120'
Fronting
South
Taxes
$4,541 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerMain5.84' x 4.79'Tile Floor, Closet
LivingMain20.67' x 15.42'Hardwood Floor, Large Window, Combined W/Dining
DiningMain20.67' x 15.42'Hardwood Floor, Pot Lights, Combined W/Living
KitchenMain8.40' x 16.63'Tile Floor, Quartz Counter, Undermount Sink
BreakfastMain8.40' x 16.63'Tile Floor, Combined W/Kitchen, Window
BrMain10.60' x 13.98'Hardwood Floor, Closet, Window
2nd BrMain10.47' x 10.79'Hardwood Floor, Closet, Window
3rd BrMain13.02' x 9.09'Hardwood Floor, Closet, Window
2nd BrBsmt11.84' x 9.94'Laminate, Window
3rd BrBsmt10.99' x 13.02'Laminate
Scarborough Market Statistics
Scarborough Price Trend
22 Griselda Cres is a 3-bedroom 3-bathroom home listed for sale at $1,249,999, which is $57,287 (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 Century 21 Titans Realty Inc.
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