2398 Gerrard St E
East End-Danforth, Scarborough, M4E 2E1
FOR SALE
$920,000
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2 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS6 + 3
ROOMSE11967184
MLSIDContact Us
Property Description
3 self contained income generating corner lot property. Steps to the corner of Victoria Parkway and Danforth. Main Floor and Upper Unit renovated. Each unit has its own separate entrance, with parking for each unit and a detached garage for storage. Top Floor, Bachelor Suite, Main Floor 1 Bedroom and Lower Unit 1 Bedroom.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-09-16 | 2020-10-14 | 28 | $1,200 | - | Terminated |
| 2019-07-22 | 2019-08-07 | 16 | $1,150 | $1,150 | Leased |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2-Storey
Lot Size
16' x 170'
Fronting
North
Taxes
$3,247 (2024)
Basement
Apartment, Sep Entrance
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
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Scarborough Market Statistics
Scarborough Price Trend
2398 Gerrard St E is a 2-bedroom 3-bathroom home listed for sale at $920,000, which is $193,034 (17.3%) lower than the average sold price of $1,113,034 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 2 bedroom home in Scarborough increased by $90,637 (8.9%) compared to the previous 30 day period (December 20 - January 18) and up $70,043 (6.7%) from the same time one year ago.Inventory Change
There were 118 2-bedroom homes listed in Scarborough over the last 30 days (January 19 - February 17), which is up 57.3% compared with the previous 30 day period (December 20 - January 18) and up 12.4% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $31,814 (2.9%) above asking price over the last 30 days (January 19 - February 17), which represents a $43,281 increase compared to the previous 30 day period (December 20 - January 18) and $23,921 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 2-bedroom homes in Scarborough over the last 30 days (January 19 - February 17) stood at 52.5%, down from 56.0% over the previous 30 days (December 20 - January 18) and down from 67.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Scarborough stood at 20 days when successfully sold over the last 30 days (January 19 - February 17), compared to 81 days before being removed from the market upon being suspended or terminated.Listing contracted with Slavens & Associates Real Estate Inc.
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