60 Orchid Place Dr 11
Malvern, Scarborough, M1B 0C4
FOR SALE
$522,300
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Property Description
Welcome To 60 Orchid Place #11 - A First-Time Homebuyer Or Investor's Delight! Immaculately-Kept Unit With New Vinyl Flooring. Conveniently Located - Minutes To Hwy 401, Scarborough Town Centre, And Steps To Public Transit. Close To Schools - Centennial College, University Of Toronto, Community Centers, Groceries, Restaurants And Plazas.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-07-21 | 2023-09-21 | 62 | $519,000 | - | Terminated |
| 2023-08-06 | 2023-08-14 | 8 | $2,100 | $2,150 | Leased |
Nearby Intersections
McCowan & 401 (134)
Markham & Sheppard (112)
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Property Details
Street
Community
City
Property Type
Condo Townhouse, Stacked Townhse
Approximate Sq.Ft.
500-599
Taxes
$1,831 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Scarborough Market Statistics
Scarborough Price Trend
60 Orchid Place Dr 11 is a 1-bedroom 1-bathroom townhome listed for sale at $522,300, which is $86,349 (14.2%) lower than the average sold price of $608,649 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom townhome in Scarborough declined by $61,351 (9.2%) compared to the previous 30 day period (September 21 - October 20) and up $399 (0.1%) from the same time one year ago.Inventory Change
There were 23 1-bedroom townhomes listed in Scarborough over the last 30 days (October 21 - November 19), which is down 30.3% compared with the previous 30 day period (September 21 - October 20) and up 35.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom townhomes in Scarborough typically sold ($3,580) (0.6%) below asking price over the last 30 days (October 21 - November 19), which represents a $15,420 increase compared to the previous 30 day period (September 21 - October 20) and ($5,475) 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 1-bedroom townhomes in Scarborough over the last 30 days (October 21 - November 19) stood at 69.6%, up from 15.2% over the previous 30 days (September 21 - October 20) and up from 23.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom townhome in Scarborough stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Hearts Realty Inc.
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