50 Orchid Place Dr 4

FOR SALE
$499,000
50 Orchid Place Dr 4, Scarborough
50 Orchid Place Dr 4
50 Orchid Place Dr 4
50 Orchid Place Dr 4
50 Orchid Place Dr 4
50 Orchid Place Dr 4
50 Orchid Place Dr 4
50 Orchid Place Dr 4
50 Orchid Place Dr 4
50 Orchid Place Dr 4
50 Orchid Place Dr 4
50 Orchid Place Dr 4
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
E9371662
MLSID
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Property Description
Attention Investors And First Time Home Buyers... Location Location Location! Here Is Your Opportunity ToPurchase A Corner Condo Townhouse Unit By Daniel's First Home At A Prime Toronto East Location. This IsPriced Right And Ready To Be Filled With Your Personal Touch. Close To All Amenities And Steps Away FromPublic Transit, Groceries, Restaurants And More!
Listing History
List Date End Date Days Listed List Price Sold Price Status
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 WindowCoverings, Hot Water Tank(R), Furnace And Equipment, Central Air Condition
Nearby Intersections
Property Details
Community
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
Room Summary
RoomLevelSizeFeatures
KitchenMain12.47' x 9.84'Laminate, Combined W/Living
LivingMain12.47' x 9.84'Laminate, Combined W/Kitchen
BrMain9.68' x 9.35'Broadloom, Closet
Scarborough Market Statistics
Scarborough Price Trend
50 Orchid Place Dr 4 is a 1-bedroom 1-bathroom townhome listed for sale at $499,000, which is $109,649 (18.0%) lower than the average sold price of $608,649 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom townhome in Scarborough declined by $61,351 (9.2%) compared to the previous 30 day period (September 21 - October 20) and up $399 (0.1%) from the same time one year ago.
Inventory Change
There were 23 1-bedroom townhomes listed in Scarborough over the last 30 days (October 21 - November 19), which is down 30.3% compared with the previous 30 day period (September 21 - October 20) and up 35.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom townhomes in Scarborough typically sold ($3,580) (0.6%) below asking price over the last 30 days (October 21 - November 19), which represents a $15,420 increase compared to the previous 30 day period (September 21 - October 20) and ($5,475) 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 1-bedroom townhomes in Scarborough over the last 30 days (October 21 - November 19) stood at 69.6%, up from 15.2% over the previous 30 days (September 21 - October 20) and up from 23.5% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc.
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