40 Stanland Dr

FOR SALE
$989,000
40 Stanland Dr, Scarborough
40 Stanland Dr
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
8
ROOMS
E11967533
MLSID
Contact Us
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
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-03-21 2022-03-22 1 $1,390 - Terminated
Nearby Intersections
Property Details
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
Scarborough Market Statistics
Scarborough Price Trend
40 Stanland Dr is a 4-bedroom 4-bathroom home listed for sale at $989,000, which is $875,015 (46.9%) lower than the average sold price of $1,864,015 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 4 bedroom home in Scarborough increased by $237,502 (14.6%) compared to the previous 30 day period (December 20 - January 18) and down $49,263 (2.6%) from the same time one year ago.
Inventory Change
There were 470 4-bedroom homes listed in Scarborough over the last 30 days (January 19 - February 17), which is up 88.0% compared with the previous 30 day period (December 20 - January 18) and up 34.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold $9,584 (0.5%) above asking price over the last 30 days (January 19 - February 17), which represents a $37,739 increase compared to the previous 30 day period (December 20 - January 18) and ($20,372) 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 (January 19 - February 17) stood at 39.8%, down from 46.0% over the previous 30 days (December 20 - January 18) and down from 56.3% 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 26 days when successfully sold over the last 30 days (January 19 - February 17), compared to 69 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Ultimate Realty Inc.
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