5 (1,3 & 5) Elward Blvd
Oakridge, Scarborough, M1L 3L1
FOR SALE
$2,850,000
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2 + 2
BEDROOMS3
BATHROOMS2 + 1
KITCHENS5 + 4
ROOMSE8288066
MLSIDContact Us
Property Description
This parcel of land includes 3 properties: 1 Residential 2-bedroom bungalow, 2 industrial buildings, both leased month to month. Great opportunity for investor or user. Please note Buyer / Buyer's agent to verify all measurements and zoning. Seller & Seller's Agent(s) do not warrant the retrofit status of basement units.
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Extras
LEGAL DESCRIPTION: PLAN M448 LOT 14 TO 16 PLAN 1936 PT LOT 38; PLAN M448 LOT 13 PT LOT 12
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
90' x 100'
Fronting
West
Taxes
$12,966 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
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Scarborough Market Statistics
Scarborough Price Trend
5 (1,3 & 5) Elward Blvd is a 2-bedroom 3-bathroom home listed for sale at $2,850,000, which is $1,728,492 (154.1%) higher than the average sold price of $1,121,508 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom home in Scarborough increased by $2,925 (0.3%) compared to the previous 30 day period (March 15 - April 13) and down $196,158 (14.9%) from the same time one year ago.Inventory Change
There were 271 2-bedroom homes listed in Scarborough over the last 30 days (April 14 - May 13), which is up 93.6% compared with the previous 30 day period (March 15 - April 13) and up 47.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $87,046 (7.8%) above asking price over the last 30 days (April 14 - May 13), which represents a $4,883 increase compared to the previous 30 day period (March 15 - April 13) and $84,317 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 2-bedroom homes in Scarborough over the last 30 days (April 14 - May 13) stood at 46.9%, down from 82.9% over the previous 30 days (March 15 - April 13) and down from 71.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Scarborough stood at 10 days when successfully sold over the last 30 days (April 14 - May 13), compared to 38 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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