54 Orchid Place Dr

FOR SALE
$647,000
54 Orchid Place Dr, Scarborough
54 Orchid Place Dr
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
W9254527
MLSID
Contact Us
Property Description
"Assisgnment sale" Welcome to this bright 2-bed Beautiful And Luxurious, Townhouse! Sun Filled With Floor To Ceiling Large Windows, Located In heart of Scarborough's . Open Concept Layout, Laminate In Living. Dining Bedrooms And Hallway! Modern Kitchen with Stainless Steel Appliances. One Parking Space Included! Close To Everything You Will Ever Need, Grocery, Parks, Restaurants, Shops. Steps To bus stop. the convenience of nearby grocery stores, places of worship, and swift access to Highway 401 and TTC transit, commuting needs Designed for professionals or empty nesters, this residence provides a serene escape amidst the city's vibrant energy.
Extras
s/s appliance, Window covering.
Nearby Intersections
Property Details
Community
Property Type
Condo Townhouse, Bungalow
Approximate Sq.Ft.
700-799
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Grnd Srce
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
None
Room Summary
RoomLevelSizeFeatures
BrMain7.68' x 9.84'
2nd BrMain6.56' x 10.17'
KitchenMain9.19' x 9.51'
LaundryMain6.23' x 6.56'
Scarborough Market Statistics
Scarborough Price Trend
54 Orchid Place Dr is a 2-bedroom 1-bathroom townhome listed for sale at $647,000, which is $181,614 (21.9%) lower than the average sold price of $828,614 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom townhome in Scarborough declined by $3,454 (0.4%) compared to the previous 30 day period (July 17 - August 15) and up $3,728 (0.5%) from the same time one year ago.
Inventory Change
There were 139 2-bedroom townhomes listed in Scarborough over the last 30 days (August 16 - September 14), which is up 20.9% compared with the previous 30 day period (July 17 - August 15) and down 9.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Scarborough typically sold $1,803 (0.2%) above asking price over the last 30 days (August 16 - September 14), which represents a $6,189 increase compared to the previous 30 day period (July 17 - August 15) and $11,269 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 2-bedroom townhomes in Scarborough over the last 30 days (August 16 - September 14) stood at 30.9%, down from 57.4% over the previous 30 days (July 17 - August 15) and down from 45.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom townhome in Scarborough stood at 31 days when successfully sold over the last 30 days (August 16 - September 14), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Save Max Smart Realty
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