2369 Queen St E
The Beaches, Scarborough, M4E 1H2
FOR SALE
$2,100,000
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6
BEDROOMS6
BATHROOMS6
KITCHENS24
ROOMSE11917982
MLSIDContact Us
Property Description
A+++ Prime Beaches Location. Over Half an acre lot. 50'x138'. Currently a 6 unit building exists. Please feel free to visit the site, please do not disturb the tenants. 6 unit building in a phenomenal location with strong holding income and development opportunity. Roof 2018, tenants pay own hydro.
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Property Details
Street
Community
City
Property Type
Multiplex, 3-Storey
Lot Size
50' x 138'
Fronting
North
Taxes
$8,968 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
14
Driveway
Available
Garage Type
None
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Scarborough Market Statistics
Scarborough Price Trend
2369 Queen St E is a 6-bedroom 6-bathroom home listed for sale at $2,100,000, which is $57,500 (2.8%) higher than the average sold price of $2,042,500 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 6 bedroom home in Scarborough declined by $923,500 (31.1%) compared to the previous 30 day period (November 18 - December 17) and up $58,100 (2.9%) from the same time one year ago.Inventory Change
There were 18 6-bedroom homes listed in Scarborough over the last 30 days (December 18 - January 16), which is up 38.5% compared with the previous 30 day period (November 18 - December 17) and up 350.0% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Scarborough typically sold ($182,500) (8.9%) below asking price over the last 30 days (December 18 - January 16), which represents a $172,358 decrease compared to the previous 30 day period (November 18 - December 17) and ($79,180) 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 6-bedroom homes in Scarborough over the last 30 days (December 18 - January 16) stood at 11.1%, down from 53.8% over the previous 30 days (November 18 - December 17) and down from 125.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 6-bathroom home in Scarborough stood at 63 days when successfully sold over the last 30 days (December 18 - January 16), compared to 126 days before being removed from the market upon being suspended or terminated.Listing contracted with Mysak Realty Inc.
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