6244 Kingston Rd
Centennial Scarborough, Scarborough, M1C 1K9
FOR SALE
$1,850,000
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Property Description
Exceptional Residential Development Opportunity In The Dynamic Highland Creek Community! Aligning Seamlessly With Toronto's Expanding Housing Options In Neighborhoods (Ehon) Initiative, This Property Boasts Prime Development Land Status With Immense Potential, Appealing To Developers, Investors, And Residents Alike. Conveniently Located Just Minutes From The 401 Hwy, With Public Transport At The Doorstep And More Amenities Nearby. Featuring A Circular Driveway And A Wide Frontage Of Over 100 Feet. Currently Owner- Occupied, It Provides An Additional Income Stream During The Development Phase. Don't Let This Lucrative Opportunity Pass You By!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-04-23 | 2024-06-24 | 62 | $1,850,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
113' x 251'
Fronting
North
Taxes
$5,024 (2023)
Basement
Part Fin, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Oil
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Circular
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 21.98' x 10.99' | Hardwood Floor, Granite Counter, Backsplash |
Dining | Main | 21.98' x 10.99' | Hardwood Floor, Window, Combined W/Kitchen |
Living | Main | 18.04' x 11.48' | Hardwood Floor, Large Window |
Prim Bdrm | Main | 10.01' x 10.99' | Hardwood Floor, Window |
2nd Br | Main | 11.98' x 10.99' | Hardwood Floor, Window |
3rd Br | Main | 14.99' x 10.99' | Hardwood Floor, Window |
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Scarborough Market Statistics
Scarborough Price Trend
6244 Kingston Rd is a 3-bedroom 2-bathroom home listed for sale at $1,850,000, which is $567,977 (44.3%) higher than the average sold price of $1,282,023 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $42,049 (3.2%) compared to the previous 30 day period (July 9 - August 7) and down $474 (0.0%) from the same time one year ago.Inventory Change
There were 672 3-bedroom homes listed in Scarborough over the last 30 days (August 8 - September 6), which is down 16.8% compared with the previous 30 day period (July 9 - August 7) and up 2.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold ($2,404) (0.2%) below asking price over the last 30 days (August 8 - September 6), which represents a $13,336 decrease compared to the previous 30 day period (July 9 - August 7) and $23,328 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 3-bedroom homes in Scarborough over the last 30 days (August 8 - September 6) stood at 55.7%, up from 52.2% over the previous 30 days (July 9 - August 7) and down from 58.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Scarborough stood at 21 days when successfully sold over the last 30 days (August 8 - September 6), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Future Realty Inc.
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