51 Morningside Ave

FOR SALE
$2,399,800
51 Morningside Ave, Scarborough
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
51 Morningside Ave
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
6
ROOMS
E8444622
MLSID
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Property Description
Attention Builders/Investors! Don't Miss This Rare Opportunity To Build Your Dream Homes! Located In Guildwood Village. This Is A 73' X 217' Severed Into 3 Lots Facing Two Streets (Morningside And Greyabbey) Original Charming Home On 51 Morningside With Large Extension & Finished Basement. ***Approved Severance (51A Morningside 36.4' & 117') & (51B Morningside 36.4' X 117') As is, Build Your Dream Home On 10 Greyabbey Trail (63' X 100'), While Living At 51 Morningside**** (plz see the Attachments) As is. Steps To The Lake, Bluffs & Nature Trails. Stroll To Guild Inn Estates For Brunch. Steps To TTC And Schools. GO Transit Is Just A Couple Of Minutes A Couple Of Minutes Away... see the Attachments
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-09-07 2021-10-18 41 $3,495 $3,000 Leased
2021-08-16 2021-09-11 26 $3,950 - Terminated
2021-04-06 2021-04-10 4 $1,499,000 $1,800,000 Sold
Nearby Intersections
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
73' x 217'
Acreage
< .50
Lot Irregularities
Double Lot - See Survey
Fronting
East
Taxes
$8,135 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
Scarborough Market Statistics
Scarborough Price Trend
51 Morningside Ave is a 3-bedroom 3-bathroom home listed for sale at $2,399,800, which is $1,043,286 (76.9%) higher than the average sold price of $1,356,514 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $89,363 (7.1%) compared to the previous 30 day period (August 18 - September 16) and up $51,797 (4.0%) from the same time one year ago.
Inventory Change
There were 1,078 3-bedroom homes listed in Scarborough over the last 30 days (September 17 - October 16), which is up 22.1% compared with the previous 30 day period (August 18 - September 16) and down 0.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $12,227 (0.9%) above asking price over the last 30 days (September 17 - October 16), which represents a $7,355 increase compared to the previous 30 day period (August 18 - September 16) and $20,597 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 homes in Scarborough over the last 30 days (September 17 - October 16) stood at 54.5%, up from 42.7% over the previous 30 days (August 18 - September 16) and up from 46.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Scarborough stood at 15 days when successfully sold over the last 30 days (September 17 - October 16), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Future Realty Inc.
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