51 Gladys Rd

FOR SALE
$1,599,000
51 Gladys Rd, Scarborough
51 Gladys Rd
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4 + 3
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
8 + 1
ROOMS
E9385555
MLSID
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Property Description
Attention Investors, Developers & Renovators. Huge 56 X 223' Lot, Perfect Lot for building a cash cow multiplex property which qualifies for CMHC MLI select or Build Your Dream Home With Your Own Getaway Park As Your Backyard. Steps away from the University of Toronto Scarborough Campus, Centennial College, Centenary hospital, Toronto Pan Am Sports Centre.
Extras
Property is being sold in "As Is" condition
Nearby Intersections
Property Features
Wooded/Treed
Property Details
Street
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
56' x 224'
Acreage
< .50
Fronting
East
Taxes
$4,000 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain11.22' x 11.65'Ceramic Floor, B/I Dishwasher, East View
Prim BdrmMain12.57' x 19.98'Fireplace, Picture Window
2nd BrMain11.65' x 12.63'Closet, West View
3rd BrMain8.76' x 11.55'Closet, East View
4th BrMain9.06' x 11.38'Closet, West View
5th BrMain8.89' x 8.92'Closet, East View
KitchenBsmt6.00' x 10.83'Ceramic Floor, Combined W/Living, West View
LivingBsmt10.83' x 18.90'Combined W/Kitchen, Above Grade Window
Prim BdrmBsmt11.45' x 14.73'Closet, Above Grade Window
2nd BrBsmt8.86' x 11.45'Closet, East View
3rd BrBsmt8.89' x 8.99'Closet, East View
Scarborough Market Statistics
Scarborough Price Trend
51 Gladys Rd is a 4-bedroom 2-bathroom home listed for sale at $1,599,000, which is $305,057 (16.0%) lower than the average sold price of $1,904,057 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $84,958 (4.3%) compared to the previous 30 day period (September 21 - October 20) and down $159,815 (7.7%) from the same time one year ago.
Inventory Change
There were 546 4-bedroom homes listed in Scarborough over the last 30 days (October 21 - November 19), which is down 22.7% compared with the previous 30 day period (September 21 - October 20) and up 20.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($35,760) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $7,729 decrease compared to the previous 30 day period (September 21 - October 20) and ($76,652) 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 4-bedroom homes in Scarborough over the last 30 days (October 21 - November 19) stood at 54.6%, up from 40.1% over the previous 30 days (September 21 - October 20) and up from 47.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Scarborough stood at 22 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with Centerpoint Realty Inc.
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