50 Orchid Place Dr 18
Malvern, Scarborough, M1B 0C4
FOR SALE
$879,000
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BEDROOMS3
BATHROOMS1
KITCHENS5
ROOMSE8439230
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Property Description
Introducing a modern 3-bed, 3-bath townhouse built in 2021, in a sought-after neighborhood. Featuring upgraded laminate flooring on the main level, a modern open-concept kitchen, and living/dining area with a stylish backsplash. The master bedroom boasts a walk-in closet, while both levels offer private outdoor spaces. Upper-floor laundry adds convenience. Enjoy access to community amenities and proximity to plaza, transit, parks, schools, and highways. Experience luxury living in this meticulously designed townhouse.
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Extras
S/s app, fridge, stove, dishwasher, rang hood, washer & dryer. All window coverings, all electrical light fixtures, central air conditioner.
Nearby Intersections
McCowan & 401 (120)
Markham & Sheppard (90)
Property Features
Hospital, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$3,145 (2023)
Basement
None
Exterior
Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Scarborough Market Statistics
Scarborough Price Trend
50 Orchid Place Dr 18 is a 3-bedroom 3-bathroom condo listed for sale at $879,000, which is $9,468 (1.1%) higher than the average sold price of $869,532 in the last 30 days (June 6 - July 5). During the last 30 days the average sold price for a 3 bedroom condo in Scarborough declined by $130,653 (13.1%) compared to the previous 30 day period (May 7 - June 5) and down $90,012 (9.4%) from the same time one year ago.Inventory Change
There were 247 3-bedroom condos listed in Scarborough over the last 30 days (June 6 - July 5), which is down 10.8% compared with the previous 30 day period (May 7 - June 5) and up 13.8% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Scarborough typically sold ($20,336) (2.3%) below asking price over the last 30 days (June 6 - July 5), which represents a $1,127 decrease compared to the previous 30 day period (May 7 - June 5) and ($1,411) 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 condos in Scarborough over the last 30 days (June 6 - July 5) stood at 33.6%, up from 32.5% over the previous 30 days (May 7 - June 5) and down from 60.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom condo in Scarborough stood at 25 days when successfully sold over the last 30 days (June 6 - July 5), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Ignite Realty
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