40 Stanland Dr
Scarborough Village, Scarborough, M1M 2G4
FOR SALE
$989,000
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BEDROOMS4
BATHROOMS1
KITCHENS8
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Property Description
Attention Builders, Investors, Developers and Contractors! Here is your perfect opportunity to own a prime piece of land on a generous 45 x 101 Foot Lot, Great Opportunity To Build A Custom Home In A Highly Desirable Family Neighbourhood.Whether you're looking to renovate or build anew, the possibilities and potential here are endless. TTC & McCowan Go Station just minutes away, so many options for an easy commute. Located in the coveted Scarborough Village neighbourhood, this home and location is an excellent choice for families. Don't miss out on this fantastic opportunity to create your dream home in a vibrant community close to shops, restaurants, parks and of course Scarborough Bluffs. Best Suited To Tear Down Built To Suit, Steps To Mason Park, Minutes to 401, Shopping , Schools, Go Train & Subway. This Is A Golden Chance To Expand Your Projects & Portfolio In A Sought-After Location. Property Being Sold "As Is, Where Is" Condition.Any Reasonable Offer Will Be Entertained , Excellent Location , Great Opportunity
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-03-21 | 2022-03-22 | 1 | $1,390 | - | Terminated |
Extras
Everything as is, where is, no warranties
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
45' x 101'
Fronting
North
Taxes
$4,000 (2024)
Basement
Finished, Other
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
1
Driveway
Front Yard
Garage Type
Other
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Scarborough Market Statistics
Scarborough Price Trend
40 Stanland Dr is a 4-bedroom 4-bathroom home listed for sale at $989,000, which is $602,516 (37.9%) lower than the average sold price of $1,591,516 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $319,576 (16.7%) compared to the previous 30 day period (November 18 - December 17) and down $91,149 (5.4%) from the same time one year ago.Inventory Change
There were 227 4-bedroom homes listed in Scarborough over the last 30 days (December 18 - January 16), which is down 21.5% compared with the previous 30 day period (November 18 - December 17) and up 72.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($29,679) (1.9%) below asking price over the last 30 days (December 18 - January 16), which represents a $7,645 increase compared to the previous 30 day period (November 18 - December 17) and ($81,790) 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 4-bedroom homes in Scarborough over the last 30 days (December 18 - January 16) stood at 53.7%, down from 77.9% over the previous 30 days (November 18 - December 17) and down from 72.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Scarborough stood at 40 days when successfully sold over the last 30 days (December 18 - January 16), compared to 78 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Ultimate Realty Inc.
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