4 Jim Wilson Lane
East End-Danforth, Scarborough, M4E 0C1
FOR SALE
$799,000
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ROOMSE8064688
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Property Description
Rare income Opportunity in the Beaches area (Kingston and Beech)! All Units currently rented out. Quiet and accessible location just beside Kingston Rd. Close to Shops, restaurants and Beaches. Selling 'as-is" condition.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-12-14 | 2024-02-13 | 61 | $799,000 | - | Terminated |
Extras
One tenant pays $1K month to month plus hydro, Second $2k plus hydro on a contract till April 2025. There is no water at the property!
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Multiplex, Other
Approximate Sq.Ft.
3500-5000
Lot Size
49' x 75'
Fronting
South
Taxes
$8,779 (2023)
Basement
None
Exterior
Alum Siding
Heat Type
Other
Heat Source
Other
Air Conditioning
None
Water
Municipal
Driveway
Available
Garage Type
Other
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Scarborough Market Statistics
Scarborough Price Trend
4 Jim Wilson Lane is a 0-bedroom 0-bathroom home listed for sale at $799,000, which is $524,750 (39.6%) lower than the average sold price of $1,323,750 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 0 bedroom home in Scarborough increased by $243,075 (22.5%) compared to the previous 30 day period (February 26 - March 26) and down $226,250 (14.6%) from the same time one year ago.Inventory Change
There were 4 0-bedroom homes listed in Scarborough over the last 30 days (March 27 - April 25), which is down 42.9% compared with the previous 30 day period (February 26 - March 26) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom homes in Scarborough typically sold ($64,500) (4.9%) below asking price over the last 30 days (March 27 - April 25), which represents a $207,950 decrease compared to the previous 30 day period (February 26 - March 26) and ($225,000) 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 0-bedroom homes in Scarborough over the last 30 days (March 27 - April 25) stood at 100.0%, up from 57.1% over the previous 30 days (February 26 - March 26) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 0-bathroom home in Scarborough stood at 67 days when successfully sold over the last 30 days (March 27 - April 25), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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