423 Pharmacy Ave
Clairlea-Birchmount, Scarborough, M1L 3G5
FOR SALE
$2,399,900
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9 + 1
BEDROOMS6
BATHROOMS6
KITCHENS24
ROOMSE9234481
MLSIDContact 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.
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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
Victoria Park & Danforth (128)
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Property Details
Street
Community
City
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
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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 $745,100 (23.7%) lower than the average sold price of $3,145,000 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 9 bedroom home in Scarborough increased by $1,046,112 (49.8%) compared to the previous 30 day period (September 21 - October 20) and up $1,195,000 (61.3%) from the same time one year ago.Inventory Change
There were 7 9-bedroom homes listed in Scarborough over the last 30 days (October 21 - November 19), which is down 22.2% compared with the previous 30 day period (September 21 - October 20) and up 75.0% compared with the same period last year.Sold Price Above/Below Asking ($)
9-bedroom homes in Scarborough typically sold ($54,900) (1.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $3,788 decrease compared to the previous 30 day period (September 21 - October 20) and ($140,000) 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 (October 21 - November 19) stood at 14.3%, up from 11.1% over the previous 30 days (September 21 - October 20) and down from 25.0% 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 6 days when successfully sold over the last 30 days (October 21 - November 19), compared to 122 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Heritage Group Ltd.
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