423 Pharmacy Ave

FOR SALE
$2,399,900
423 Pharmacy Ave, Scarborough
423 Pharmacy Ave
423 Pharmacy Ave
423 Pharmacy Ave
423 Pharmacy Ave
423 Pharmacy Ave
423 Pharmacy Ave
423 Pharmacy Ave
423 Pharmacy Ave
423 Pharmacy Ave
423 Pharmacy Ave
423 Pharmacy Ave
423 Pharmacy Ave
423 Pharmacy Ave
423 Pharmacy Ave
423 Pharmacy Ave
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9 + 1
BEDROOMS
6
BATHROOMS
6
KITCHENS
24
ROOMS
E9234481
MLSID
Contact Us
Property Description
First time in its life on the market! Well maintained 6-plex with all long term tenants. One apartment currently vacant. A ton of upside potential. Bus stop right outside. Building consists of 4 large 2-bedroom apartments and two cozy 1-bedroom apartments. There is surface parking for 6 cars. Hydro for all apts is separately metered. Great turnkey investment opportunity.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-03-03 2022-04-02 31 $1,350 $1,350 Leased
Extras
6 fridge, 6 stoves, coin operated washer and dryer
Nearby Intersections
Property Details
Property Type
Multiplex, 3-Storey
Lot Size
63' x 131'
Fronting
East
Taxes
$6,972 (2024)
Basement
Other
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Other
Garage Type
None
Scarborough Market Statistics
Scarborough Price Trend
423 Pharmacy Ave is a 9-bedroom 6-bathroom home listed for sale at $2,399,900, which is $389,900 (19.4%) higher than the average sold price of $2,010,000 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 9 bedroom home in Scarborough declined by $115,000 (5.4%) compared to the previous 30 day period (July 17 - August 15) and down $1,190,000 (37.2%) from the same time one year ago.
Inventory Change
There were 6 9-bedroom homes listed in Scarborough over the last 30 days (August 16 - September 14), which is down 25.0% compared with the previous 30 day period (July 17 - August 15) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
9-bedroom homes in Scarborough typically sold $11,000 (0.5%) above asking price over the last 30 days (August 16 - September 14), which represents a $334,000 increase compared to the previous 30 day period (July 17 - August 15) and ($195,000) 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 9-bedroom homes in Scarborough over the last 30 days (August 16 - September 14) stood at 16.7%, down from 37.5% over the previous 30 days (July 17 - August 15) and down from 16.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 9-bedroom 6-bathroom home in Scarborough stood at 13 days when successfully sold over the last 30 days (August 16 - September 14), compared to 101 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Heritage Group Ltd.
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