50 Orchid Place Dr 4
Malvern, Scarborough, M1B 0C4
FOR SALE
$499,000
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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!
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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
McCowan & 401 (148)
Markham & Sheppard (118)
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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 $499,000, which is $143,000 (22.3%) lower than the average sold price of $642,000 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 1 bedroom townhome in Scarborough declined by $238,609 (27.1%) compared to the previous 30 day period (July 30 - August 28) and up $79,228 (14.1%) from the same time one year ago.Inventory Change
There were 37 1-bedroom townhomes listed in Scarborough over the last 30 days (August 29 - September 27), which is up 105.6% compared with the previous 30 day period (July 30 - August 28) and up 12.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom townhomes in Scarborough typically sold ($7,333) (1.1%) below asking price over the last 30 days (August 29 - September 27), which represents a $5,939 decrease compared to the previous 30 day period (July 30 - August 28) and $8,437 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 (August 29 - September 27) stood at 8.1%, down from 94.4% over the previous 30 days (July 30 - August 28) and down from 33.3% 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 47 days when successfully sold over the last 30 days (August 29 - September 27), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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