534 Midland Ave

FOR SALE
$969,000
534 Midland Ave, Scarborough
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
534 Midland Ave
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3 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 3
ROOMS
E8415188
MLSID
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Property Description
Discover the perfect blend of charm and convenience in this cozy semi-detached family home. First-time home buyers. Step into a world of warmth and comfort with an open-concept living space that's ideal for creating lasting memories. The private & spacious backyard is perfect for hosting family gatherings, offering a serene escape from the bustle of daily life. The 3+1 bedrooms are bathed in natural light, providing a fantastic opportunity to infuse your personal touch and style. The separate entrance to the finished basement offers additional living space perfect for guests/rental income. This oversized, all-brick home sits on a premium lot in a prime location, surrounded by amenities, schools, public transport & popular hotspots. Enjoy the beauty of Rosetta McClain Gardens & Scarborough Bluffs minutes away. Walking distance to Scarborough GO Station and TTC, making your daily commute a breeze. Seize the opportunity to make this charming house your dream home!
Extras
Newly renovated Basement Bathroom & new asphalt driveway (less than 8 months). Front & Side Doors, Picture windows & Front Cement Steps are within 5 years
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, School
Property Details
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
30' x 125'
Fronting
West
Taxes
$3,065 (2023)
Basement
Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingGround11.98' x 14.76'Open Concept, Hardwood Floor, Picture Window
DiningGround9.84' x 11.98'Formal Rm, Hardwood Floor, Sliding Doors
KitchenGround8.14' x 11.98'Eat-In Kitchen, Ceramic Floor, Window
Prim Bdrm2nd9.84' x 11.98'Picture Window, Hardwood Floor, Closet
2nd Br2nd8.14' x 10.99'Window, Broadloom, Ceiling Fan
3rd Br2nd9.84' x 10.83'Window, Broadloom, Closet
KitchenBsmt10.10' x 19.00'Combined W/Living, Tile Floor, Eat-In Kitchen
BrBsmt8.99' x 10.10'Tile Floor, Window
LaundryBsmt8.01' x 8.01'Concrete Floor, Laundry Sink
Scarborough Market Statistics
Scarborough Price Trend
534 Midland Ave is a 3-bedroom 2-bathroom home listed for sale at $969,000, which is $367,481 (27.5%) lower than the average sold price of $1,336,481 in the last 30 days (June 4 - July 3). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $71,128 (5.1%) compared to the previous 30 day period (May 5 - June 3) and down $57,689 (4.1%) from the same time one year ago.
Inventory Change
There were 1,229 3-bedroom homes listed in Scarborough over the last 30 days (June 4 - July 3), which is up 16.4% compared with the previous 30 day period (May 5 - June 3) and up 29.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $30,638 (2.3%) above asking price over the last 30 days (June 4 - July 3), which represents a $32,302 decrease compared to the previous 30 day period (May 5 - June 3) and $90,508 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 (June 4 - July 3) stood at 50.0%, down from 57.3% over the previous 30 days (May 5 - June 3) and down from 82.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Scarborough stood at 13 days when successfully sold over the last 30 days (June 4 - July 3), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Enterprises Inc.
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