559A Birchmount Rd
Clairlea-Birchmount, Scarborough, M1K 1P8
FOR SALE
$1,299,999
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6 + 2
BEDROOMS3
BATHROOMS2 + 1
KITCHENS12 + 5
ROOMSE9347613
MLSIDContact Us
Property Description
Welcome to this exceptional legal triplex, a solid investment opportunity perfect for investors or multi-generational families seeking spacious, income-generating accommodations. This unique property features two very large 3-bedroom apartments with Balconies and one large 2-bedroom apartment, all with separate meters. Additional amenities include a commercial laundry (3.29m x 2.68m), 2+parking spaces and a large block garage at the rear. Tenants are responsible for their own hydro bills. Nestled in a park heaven, you'll find four parks and a plethora of recreational facilities within a 20-minute walk. Public transit is conveniently located right at your doorstep, with the nearest bus stop just a 2-minute walk away and the closest rail transit stop only a 10-minute walk away. The Top Flr. 3 Br. Apartment is currently vacant.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-07 | 2024-09-07 | 92 | $1,320,000 | - | Expired |
| 2023-10-30 | 2024-02-07 | 100 | $1,384,900 | $1,250,000 | Sold |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Triplex, 3-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
34' x 140'
Fronting
East
Taxes
$4,499 (2023)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.75' x 16.50' | Hardwood Floor, W/O To Balcony, Fireplace |
| Dining | Main | 11.75' x 16.50' | Hardwood Floor, W/O To Balcony, Combined W/Living |
| Kitchen | Main | 13.68' x 15.06' | Ceramic Floor, Irregular Rm, Eat-In Kitchen |
| Prim Bdrm | Main | 8.46' x 10.56' | Hardwood Floor, Closet |
| 2nd Br | Main | 10.60' x 14.37' | Hardwood Floor, Closet |
| 3rd Br | Main | 10.63' x 9.45' | Hardwood Floor, Closet |
| Bathroom | Main | 4.89' x 6.76' | Ceramic Floor, 4 Pc Bath |
| Living | Bsmt | 11.75' x 16.50' | Hardwood Floor, Combined W/Dining |
| Kitchen | Bsmt | 13.68' x 15.06' | Ceramic Floor, Eat-In Kitchen |
| Prim Bdrm | Bsmt | 8.46' x 10.56' | Parquet Floor, Closet |
| 2nd Br | Bsmt | 10.63' x 9.45' | Parquet Floor, Closet |
| Bathroom | Bsmt | 4.89' x 6.76' | Ceramic Floor, 4 Pc Bath |
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Scarborough Market Statistics
Scarborough Price Trend
559A Birchmount Rd is a 6-bedroom 3-bathroom home listed for sale at $1,299,999, which is $2,695,901 (67.5%) lower than the average sold price of $3,995,900 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 6 bedroom home in Scarborough increased by $2,462,900 (160.7%) compared to the previous 30 day period (July 20 - August 18) and up $2,008,400 (101.1%) from the same time one year ago.Inventory Change
There were 28 6-bedroom homes listed in Scarborough over the last 30 days (August 19 - September 17), which is up 64.7% compared with the previous 30 day period (July 20 - August 18) and down 33.3% compared with the same period last year.Sold Price Above/Below Asking ($)
6-bedroom homes in Scarborough typically sold ($410,100) (10.3%) below asking price over the last 30 days (August 19 - September 17), which represents a $275,120 decrease compared to the previous 30 day period (July 20 - August 18) and ($44,000) 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 6-bedroom homes in Scarborough over the last 30 days (August 19 - September 17) stood at 35.7%, up from 29.4% over the previous 30 days (July 20 - August 18) and up from 14.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in Scarborough stood at 60 days when successfully sold over the last 30 days (August 19 - September 17), compared to 83 days before being removed from the market upon being suspended or terminated.Listing contracted with Gowest Realty Ltd.
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