FOR SALE
$1,399,000
54 Park St, Scarborough
54 Park St
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4 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 3
ROOMS
E9040934
MLSID
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Property Description
A detached home in a highly sought-after area, situated on a rare, large corner lot. This property offers the potential for two detached homes subject to due diligence by the buyer and upon approval by the city and other authorities. Whether you build, renovate, or live in it, this home is a gem in a high-demand neighborhood. Large lots like this are rarely available, making it a renovator's dream with endless possibilities to create a personalized and stunning living space.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-06-23 2020-07-10 17 $1,388,000 $1,070,000 Sold
Nearby Intersections
Property Details
Street
Property Type
Detached, 1 1/2 Storey
Lot Size
60' x 100'
Fronting
North
Taxes
$4,720 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Water
Heat Source
Oil
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
Prim Bdrm2nd11.52' x 14.50'
Br2nd10.99' x 10.99'
Br2nd10.99' x 10.99'
BrMain10.01' x 12.01'
BrMain10.01' x 11.52'
FamilyMain11.52' x 18.01'
RecBsmt14.01' x 18.01'
RecBsmt14.01' x 20.01'
Scarborough Market Statistics
Scarborough Price Trend
54 Park St is a 4-bedroom 3-bathroom home listed for sale at $1,399,000, which is $497,625 (26.2%) lower than the average sold price of $1,896,625 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $50,495 (2.6%) compared to the previous 30 day period (July 9 - August 7) and down $25,015 (1.3%) from the same time one year ago.
Inventory Change
There were 401 4-bedroom homes listed in Scarborough over the last 30 days (August 8 - September 6), which is down 11.9% compared with the previous 30 day period (July 9 - August 7) and up 8.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($49,469) (2.6%) below asking price over the last 30 days (August 8 - September 6), which represents a $3,865 decrease compared to the previous 30 day period (July 9 - August 7) and $8,473 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 4-bedroom homes in Scarborough over the last 30 days (August 8 - September 6) stood at 44.9%, down from 49.9% over the previous 30 days (July 9 - August 7) and down from 48.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Scarborough stood at 28 days when successfully sold over the last 30 days (August 8 - September 6), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Realty 21 Inc.
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