25 Norwood Terr

FOR SALE
$1,099,000
25 Norwood Terr, Scarborough
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
25 Norwood Terr
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1 + 2
BEDROOMS
3
BATHROOMS
2
KITCHENS
6 + 2
ROOMS
E9371071
MLSID
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Property Description
Welcome to 25 Norwood Terrace in the sought-after Upper Beaches! This charming duplex is ideal for first-time homebuyers, condo graduates, or investors looking for a great opportunity. Can be easily converted to a single family home. Live in one unit and rent out the other to help with your mortgage! Upper Unit Features: One spacious bedroom. Bright open-concept living room and kitchen with access to a lovely balcony. Main Floor & Lower Unit has bright and spacious living and dining area, Ensuite laundry and a stylish 3-piece bathroom on the main floor. Modern kitchen that opens to a deck and private backyard, perfect for entertaining. Basement with two additional bedrooms, a 4-piece ensuite bathroom, and plenty of storage. Enjoy the charming front porch and the tranquility of a quiet, tree-lined street. Walking distance to public transit (GO train and subway) and local daycare. This move-in-ready home is zoned as a duplex per MPAC and has been virtually staged. Don't miss your chance to make this delightful property yours!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-14 2024-09-27 105 $1,150,000 - Terminated
Extras
Main floor is vacant. Upper unit is tenanted.
Property Details
Property Type
Detached, 2-Storey
Lot Size
21' x 65'
Fronting
South
Taxes
$3,565 (2024)
Basement
Finished
Exterior
Brick Front, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Driveway
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain10.99' x 9.58'Hardwood Floor, Window
DiningMain11.32' x 9.58'Hardwood Floor, Closet
KitchenGround10.93' x 10.60'Ceramic Floor, W/O To Deck
BrBsmt13.91' x 8.07'Ensuite Bath, Ceramic Floor
2nd BrBsmt12.34' x 14.47'Ceramic Floor
Living2nd15.26' x 16.40'Hardwood Floor
Br2nd13.48' x 13.09'Hardwood Floor
Kitchen2nd8.66' x 9.25'Ceramic Floor, W/O To Balcony
Scarborough Market Statistics
Scarborough Price Trend
25 Norwood Terr is a 1-bedroom 3-bathroom home listed for sale at $1,099,000, which is $91,657 (9.1%) higher than the average sold price of $1,007,343 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 1 bedroom home in Scarborough declined by $52,657 (5.0%) compared to the previous 30 day period (August 6 - September 4) and down $95,657 (8.7%) from the same time one year ago.
Inventory Change
There were 16 1-bedroom homes listed in Scarborough over the last 30 days (September 5 - October 4), which is up 33.3% compared with the previous 30 day period (August 6 - September 4) and up 100.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom homes in Scarborough typically sold $30,443 (3.0%) above asking price over the last 30 days (September 5 - October 4), which represents a $129,657 decrease compared to the previous 30 day period (August 6 - September 4) and $26,866 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 1-bedroom homes in Scarborough over the last 30 days (September 5 - October 4) stood at 75.0%, up from 8.3% over the previous 30 days (August 6 - September 4) and down from 75.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 3-bathroom home in Scarborough stood at 37 days when successfully sold over the last 30 days (September 5 - October 4), compared to 89 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd.
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