563 Danforth Rd

FOR SALE
$2,999,900
563 Danforth Rd, Scarborough
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
563 Danforth Rd
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9 + 4
BEDROOMS
6
BATHROOMS
4 + 2
KITCHENS
20 + 8
ROOMS
E8236888
MLSID
Contact Us
Property Description
Huge Sixplex in Scarborough, Lot size (from Geowarehouse) 107.55 Front, 107.82 (West side) 147.22(east side) 98.22 (rear). Steps to transit, shopping, parks. Four large two bedrooms, and two one bedrooms (converted into two bedrooms). Long term tenants (from 2019 and prior), All tenants are month to month. Please do not ask for vacant possession, tenants to be assumed.. 8 hydro meters, tons of parking, driveway on two sides. Newer windows,, Roof (approx. 2013) 2 furnaces (Approx2018/2020) Financials on attachments. Hot water tanks (6) are rentals, 3 kitchens have been updated (2019/2020). Total 6378 sq ft (added from floorplans)
Nearby Intersections
Property Features
Hospital, Park, Public Transit, School
Property Details
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
107' x 127'
Fronting
South
Taxes
$10,094 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
9
Driveway
Available
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain16.17' x 14.34'Hardwood Floor, Large Window
DiningMain10.99' x 9.84'Hardwood Floor, Ceiling Fan
KitchenMain10.99' x 9.84'Tile Floor, Double Sink, Closet
Prim BdrmMain10.99' x 12.17', Closet, Window
BrMain8.99' x 12.17', Closet, Window
LivingLower13.68' x 13.68'Hardwood Floor, Large Window, Closet
KitchenLower10.99' x 10.43'Double Sink, Window
Prim BdrmLower10.66' x 12.01'Laminate, Closet, Window
2nd BrLower7.15' x 10.60'Hardwood Floor
Scarborough Market Statistics
Scarborough Price Trend
563 Danforth Rd is a 9-bedroom 6-bathroom home listed for sale at $2,999,900, which is $159,440 (5.6%) higher than the average sold price of $2,840,460 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 9 bedroom home in Scarborough increased by $240,460 (9.2%) compared to the previous 30 day period (February 29 - March 29) and up $240,460 (9.2%) from the same time one year ago.
Inventory Change
There were 13 9-bedroom homes listed in Scarborough over the last 30 days (March 30 - April 28), which is up 160.0% compared with the previous 30 day period (February 29 - March 29) and up 550.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
9-bedroom homes in Scarborough typically sold ($154,540) (5.4%) below asking price over the last 30 days (March 30 - April 28), which represents a $59,540 decrease compared to the previous 30 day period (February 29 - March 29) and ($250,000) 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 9-bedroom homes in Scarborough over the last 30 days (March 30 - April 28) stood at 7.7%, down from 20.0% over the previous 30 days (February 29 - March 29) and down from 50.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 9-bedroom 6-bathroom home in Scarborough stood at 28 days when successfully sold over the last 30 days (March 30 - April 28), compared to 99 days before being removed from the market upon being suspended or terminated.
Listing contracted with Harvey Kalles Real Estate Ltd.
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