271 Victoria Park Ave
Birchcliffe-Cliffside, Scarborough, M4E 2S6
FOR SALE
$600,000
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Property Description
Opportunity is Knocking! An incredible opportunity to build your DREAM HOME, or a DUPLEX as a fabulous investment property, in the Upper Beaches community. This 21'9 x 100 lot offers ample options for a family or an investor. Just look to the custom-built home next door for inspiration. A Planners Building Potential Report is available to outline what is currently permissible without going to the Committee of Adjustments. Just steps from the TTC bus stop to Victoria Park Subway, or stroll down to Kingston Road to take the streetcar to downtown. Walk or take a short bus ride to the Danforth Go, for an easy commute around the GTA. Just steps to trendy Kingston Road shops and restaurants. Walk to Queen St E cafes and conveniences and The Beach community offering access to Lake Ontarios Waterfront.
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Nearby Intersections
Victoria Park & Danforth (136)
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Lot Size
22' x 100'
Fronting
East
Taxes
$3,004 (2024)
Basement
Unfinished
Exterior
Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
None
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Scarborough Market Statistics
Scarborough Price Trend
271 Victoria Park Ave is a 1-bedroom 1-bathroom home listed for sale at $600,000, which is $513,205 (46.1%) lower than the average sold price of $1,113,205 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom home in Scarborough increased by $139,285 (14.3%) compared to the previous 30 day period (September 1 - September 30) and up $301,539 (37.2%) from the same time one year ago.Inventory Change
There were 8 1-bedroom homes listed in Scarborough over the last 30 days (October 1 - October 30), which is down 55.6% compared with the previous 30 day period (September 1 - September 30) and down 33.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom homes in Scarborough typically sold ($985) (0.1%) below asking price over the last 30 days (October 1 - October 30), which represents a $36,014 decrease compared to the previous 30 day period (September 1 - September 30) and ($1,446) 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 (October 1 - October 30) stood at 125.0%, up from 61.1% over the previous 30 days (September 1 - September 30) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom home in Scarborough stood at 24 days when successfully sold over the last 30 days (October 1 - October 30), compared to 128 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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