60 Orchid Place Dr 11

FOR SALE
$522,300
60 Orchid Place Dr 11, Scarborough
60 Orchid Place Dr 11
60 Orchid Place Dr 11
60 Orchid Place Dr 11
60 Orchid Place Dr 11
60 Orchid Place Dr 11
60 Orchid Place Dr 11
60 Orchid Place Dr 11
60 Orchid Place Dr 11
60 Orchid Place Dr 11
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
E9357928
MLSID
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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.
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
Property Details
Community
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
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 $119,700 (18.6%) lower than the average sold price of $642,000 in the last 30 days (August 29 - September 27). During the last 30 days the average sold price for a 1 bedroom townhome in Scarborough declined by $238,609 (27.1%) compared to the previous 30 day period (July 30 - August 28) and up $79,228 (14.1%) from the same time one year ago.
Inventory Change
There were 37 1-bedroom townhomes listed in Scarborough over the last 30 days (August 29 - September 27), which is up 105.6% compared with the previous 30 day period (July 30 - August 28) and up 12.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom townhomes in Scarborough typically sold ($7,333) (1.1%) below asking price over the last 30 days (August 29 - September 27), which represents a $5,939 decrease compared to the previous 30 day period (July 30 - August 28) and $8,437 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 1-bedroom townhomes in Scarborough over the last 30 days (August 29 - September 27) stood at 8.1%, down from 94.4% over the previous 30 days (July 30 - August 28) and down from 33.3% 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 47 days when successfully sold over the last 30 days (August 29 - September 27), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Hearts Realty Inc.
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