54 Elmartin Dr

FOR SALE
$1,100,000
54 Elmartin Dr, Scarborough
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3 + 1
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
9 + 3
ROOMS
E11944689
MLSID
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Property Description
A rare opportunity in the highly sought-after Steeles neighborhood! This solid all-brick backsplit offers over 2,000 sq. ft. of living space with 3+1 bedrooms, providing endless potential for investors, renovators, or families looking to customize their dream home. While the home needs some TLC, its spacious layout, generous lot size, and prime location make it a fantastic investment. Enjoy a sun-filled interior, a large backyard with plenty of space for entertaining, and a separate entranceideal for an in-law suite or rental income. Conveniently located near top-rated schools, parks, shopping, TTC, and major highways. Dont miss this incredible opportunity to add value and make this home your own!
Nearby Intersections
Property Details
Community
Property Type
Detached, Backsplit 4
Approximate Sq.Ft.
2000-2500
Lot Size
40' x 108'
Fronting
North
Taxes
$7,761 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Scarborough Market Statistics
Scarborough Price Trend
54 Elmartin Dr is a 3-bedroom 4-bathroom home listed for sale at $1,100,000, which is $92,712 (7.8%) lower than the average sold price of $1,192,712 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $86,213 (6.7%) compared to the previous 30 day period (November 19 - December 18) and down $60,928 (4.9%) from the same time one year ago.
Inventory Change
There were 319 3-bedroom homes listed in Scarborough over the last 30 days (December 19 - January 17), which is down 33.8% compared with the previous 30 day period (November 19 - December 18) and up 27.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold ($7,431) (0.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,931 decrease compared to the previous 30 day period (November 19 - December 18) and ($28,262) 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 3-bedroom homes in Scarborough over the last 30 days (December 19 - January 17) stood at 61.8%, down from 100.8% over the previous 30 days (November 19 - December 18) and down from 83.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Scarborough stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 76 days before being removed from the market upon being suspended or terminated.
Listing contracted with Real Estate Bay Realty
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