49 Ivordale Cres

FOR SALE
$879,900
49 Ivordale Cres, Scarborough
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3 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 4
ROOMS
E8418642
MLSID
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Property Description
*** POWER OF SALE *** Unlock the potential of this fantastic investment opportunity! This single family home, nestled in a desirable Toronto neighborhood, awaits your creative touch. While it requires significant work, it offers a blank canvas for those with a handy thumb or an eye for renovation. Perfect for house hacking or converting into a lucrative duplex, this property promises excellent income potential. Seize the moment and strike now before the market heats up! Don't miss out on transforming this diamond in the rough into a sparkling gem. ~ Buyers to complete their own due diligence for zoning and permissions.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-07 2024-07-09 32 $999,900 - Suspended
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
47' x 108'
Fronting
East
Taxes
$4,335 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain8.86' x 9.84'
LivingMain16.08' x 12.14'
DiningMain8.86' x 8.86'
BrMain9.84' x 8.86'
BrMain9.84' x 9.84'
Prim BdrmMain9.84' x 13.12'
KitchenBsmt8.86' x 9.84'
LivingBsmt13.12' x 20.01'
BrBsmt8.86' x 8.86'
DenBsmt13.12' x 5.58'
Scarborough Market Statistics
Scarborough Price Trend
49 Ivordale Cres is a 3-bedroom 2-bathroom home listed for sale at $879,900, which is $463,756 (34.5%) lower than the average sold price of $1,343,656 in the last 30 days (September 4 - October 3). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $51,581 (4.0%) compared to the previous 30 day period (August 5 - September 3) and down $16,467 (1.2%) from the same time one year ago.
Inventory Change
There were 1,346 3-bedroom homes listed in Scarborough over the last 30 days (September 4 - October 3), which is up 159.8% compared with the previous 30 day period (August 5 - September 3) and up 14.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $14,924 (1.1%) above asking price over the last 30 days (September 4 - October 3), which represents a $22,099 increase compared to the previous 30 day period (August 5 - September 3) and $32,922 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 3-bedroom homes in Scarborough over the last 30 days (September 4 - October 3) stood at 40.0%, down from 70.8% over the previous 30 days (August 5 - September 3) and up from 38.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Scarborough stood at 16 days when successfully sold over the last 30 days (September 4 - October 3), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Rock Star Real Estate Inc.
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