50 Orchid Place Dr 4
Malvern, Scarborough, M1B 0C4
FOR SALE
$479,000
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Property Description
Attention Investors And First Time Home Buyers... Location Location Location! Here is Your Opportunity To Purchase A Corner Condo Townhouse Unit By Daniel's First Home At A Prime Toronto East Location. This Is Priced Right And Ready To Be Filled With Your Personal Touch. Close To All Amenities And Steps Away From Public Transit, Groceries, Restaurants And More!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-27 | 2024-12-30 | 94 | $479,000 | - | Terminated |
| 2021-11-22 | 2021-12-10 | 18 | $2,000 | $2,100 | Leased |
Extras
SS Fridge, SS Stove, B/I SS Dishwasher, Full-Size Washer & Dryer, Electrical Light Fixtures, All Window Coverings, Hot Water Tank(R), Furnace And Equipment, Central Air Condition
Nearby Intersections
McCowan & 401 (93)
Markham & Sheppard (75)
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Property Details
Street
Community
City
Property Type
Condo Townhouse, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,146 (2024)
Basement
None
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.47' x 9.84' | Laminate, Combined W/Living |
| Living | Main | 12.47' x 9.84' | Laminate, Combined W/Kitchen |
| Br | Main | 9.68' x 9.35' | Broadloom, Closet |
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Scarborough Market Statistics
Scarborough Price Trend
50 Orchid Place Dr 4 is a 1-bedroom 1-bathroom townhome listed for sale at $479,000, which is $63,083 (11.6%) lower than the average sold price of $542,083 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 1 bedroom townhome in Scarborough increased by $7,816 (1.5%) compared to the previous 30 day period (November 18 - December 17) and down $29,167 (5.1%) from the same time one year ago.Inventory Change
There were 14 1-bedroom townhomes listed in Scarborough over the last 30 days (December 18 - January 16), which is down 12.5% compared with the previous 30 day period (November 18 - December 17) and up 250.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom townhomes in Scarborough typically sold ($15,400) (2.8%) below asking price over the last 30 days (December 18 - January 16), which represents a $11,429 decrease compared to the previous 30 day period (November 18 - December 17) and ($2,375) 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 1-bedroom townhomes in Scarborough over the last 30 days (December 18 - January 16) stood at 42.9%, down from 62.5% over the previous 30 days (November 18 - December 17) and down from 200.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom townhome in Scarborough stood at 64 days when successfully sold over the last 30 days (December 18 - January 16), compared to 86 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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