2353 Gerrard St E

FOR SALE
$1,349,000
2353 Gerrard St E, Scarborough
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
2353 Gerrard St E
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3 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 4
ROOMS
E9310942
MLSID
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Property Description
Discover this beautifully renovated 2-storey detached home in the heart of East Danforth, showcasing high-quality finishes on every level. The main house features an open-concept main floor with a spacious eat-in kitchen that includes a center island, seamlessly flowing into the dining and living areas. Hardwood floors and pot lights throughout enhance the elegant ambiance. Upstairs, youll find three generously sized bedrooms. The back patio is accessible from the main floor, perfect for outdoor entertaining with a small grass backyard. The lower level boasts a modern 2-bedroom unit with polished heated concrete floors, a separate entrance, and ensuite laundry. The kitchen comes equipped with stainless steel appliances, making it ideal for tenants or extended family. This property is perfect for end users or investors, with current tenants on a month-to-month lease. Make 2353 Gerrard St E your next home or investment opportunity! Property comes with 1 parking spot at rear for small cars, accessed via mutual drive. A very energy efficient Legal Duplex with Separate Meters!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-06-09 2023-06-12 4 $2,250 $2,250 Leased
2021-01-07 2021-03-09 62 $1,750 $1,700 Leased
2020-10-21 2020-12-31 71 $1,900 - Expired
Extras
2020 Completed Reno: New Roof with high quality shingles, 2x100 amps services in each unit - all wiring copper. Heating - new high efficiency boiler for radiant heat, windows replaced, sump pump added in basement along with an interior reno
Nearby Intersections
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
22' x 90'
Fronting
South
Taxes
$4,411 (2024)
Basement
Apartment, Fin W/O
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Driveway
Mutual
Garage Type
Carport
Room Summary
RoomLevelSizeFeatures
LivingMain12.99' x 10.14'Hardwood Floor, Large Window, Pot Lights
DiningMain10.43' x 11.88'Open Concept, O/Looks Living, Hardwood Floor
KitchenMain13.85' x 11.98'Renovated, Centre Island, W/O To Patio
Br2nd8.86' x 12.70'Hardwood Floor, Large Window, W/I Closet
2nd Br2nd8.86' x 8.66'Hardwood Floor, Window, Closet
3rd Br2nd8.86' x 12.04'Hardwood Floor, Window, Closet
KitchenLower5.35' x 12.50'Concrete Floor, Renovated, Modern Kitchen
LivingLower10.60' x 13.48'Concrete Floor, Combined W/Dining, Pot Lights
4th BrLower11.32' x 8.01'Concrete Floor, Closet, Pot Lights
5th BrLower11.38' x 8.01'Concrete Floor, Double Closet, Window
Scarborough Market Statistics
Scarborough Price Trend
2353 Gerrard St E is a 3-bedroom 2-bathroom home listed for sale at $1,349,000, which is $71,941 (5.6%) higher than the average sold price of $1,277,059 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $11,079 (0.9%) compared to the previous 30 day period (July 20 - August 18) and down $55,861 (4.2%) from the same time one year ago.
Inventory Change
There were 935 3-bedroom homes listed in Scarborough over the last 30 days (August 19 - September 17), which is up 44.5% compared with the previous 30 day period (July 20 - August 18) and up 15.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $6,433 (0.5%) above asking price over the last 30 days (August 19 - September 17), which represents a $6,730 decrease compared to the previous 30 day period (July 20 - August 18) and $37,194 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 19 - September 17) stood at 42.2%, down from 58.4% over the previous 30 days (July 20 - August 18) and down from 42.9% 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 20 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Forest Hill Real Estate Inc.
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