40 Orchid Place Dr 8
Malvern, Scarborough, M1B 0C4
FOR SALE
$599,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSE8206116
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Property Description
Welcome To This Stunning Walk-in Main Level Townhome Designed By Quality Builder Daniels FirstHome. This home offers The Perfect Blend Of Modern Elegance and Comfort. This Bright 2 Bedroom Home Features A Spacious Open-Concept Interior Layout Of Urban Living and Dining. Highlights Include Modern Kitchen, 2 Baths, Primary Bedroom With Walk-in Closet And Ensuite Bath, High Ceilings, Double Closets, Laminate Floors, Ample Storage and Laundry Room. Approximate 100Sq Ft Outdoor Patio! Enjoy The Convenience Of Amenities Which Include Gym, Yoga Room, Community Garden & Greenhouse, Kids Play Ground & Visitor Parking. Close to 24 hour Transit, Schools, Centennial College, Restaurants, Library, Major Hospitals, Shops, Parks, Easy Access To 401.This turn Key Family Home Is Amazing Value For A Townhouse In Toronto.
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Extras
Currently tenanted for $2400/Month Low Maintenance Fees Include - Water, Building Insurance, Unit Parking, Visitor Parking, Waste Collection, Landscaping/Snow Removal
Nearby Intersections
McCowan & 401 (91)
Markham & Sheppard (58)
Property Features
Hospital, Park, Place Of Worship, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Stacked Townhse
Approximate Sq.Ft.
800-899
Taxes
$2,172 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.50' x 10.66' | Combined W/Dining |
| Dining | Main | 10.50' x 10.66' | Combined W/Living |
| Prim Bdrm | Main | 8.89' x 15.81' | |
| 2nd Br | Main | 8.89' x 10.99' | |
| Bathroom | Main | 7.51' x 4.99' | |
| Bathroom | Main | 9.74' x 4.99' | |
| Kitchen | Main | 9.74' x 6.99' |
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Scarborough Market Statistics
Scarborough Price Trend
40 Orchid Place Dr 8 is a 2-bedroom 2-bathroom condo listed for sale at $599,000, which is $213,237 (26.3%) lower than the average sold price of $812,237 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough increased by $17,981 (2.3%) compared to the previous 30 day period (March 2 - March 31) and up $2,082 (0.3%) from the same time one year ago.Inventory Change
There were 1,582 2-bedroom condos listed in Scarborough over the last 30 days (April 1 - April 30), which is up 38.2% compared with the previous 30 day period (March 2 - March 31) and up 49.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($11,708) (1.4%) below asking price over the last 30 days (April 1 - April 30), which represents a $397 decrease compared to the previous 30 day period (March 2 - March 31) and ($7,043) 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 2-bedroom condos in Scarborough over the last 30 days (April 1 - April 30) stood at 45.2%, down from 48.6% over the previous 30 days (March 2 - March 31) and down from 62.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Scarborough stood at 25 days when successfully sold over the last 30 days (April 1 - April 30), compared to 48 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Miracle Realty Ltd
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