6244 Kingston Rd
Centennial Scarborough, Scarborough, M1C 1K9
FOR SALE
$2,350,000
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BEDROOMS2
BATHROOMS1
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Property Description
Great Rental Apt Development Opportunity In The Dynamic Highland Creek Community! Great opportunity to create Rental unit with no SPA and Development fee. Get the permit and have 100% construction loan From CMHC(Some condition Applies).At the final after occupancy you can have mortgage from CMHC with 2% less than the market rate and be owner with $ 0 on the property. Great investment property. Its a an ATM machine.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-25 | 2024-09-21 | 88 | $1,850,000 | - | Expired |
| 2024-04-23 | 2024-06-24 | 62 | $1,850,000 | - | Terminated |
Extras
The House is livable. Showing available with offer.
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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 2-bedroom 2-bathroom home listed for sale at $2,350,000, which is $1,239,976 (111.7%) higher than the average sold price of $1,110,024 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 2 bedroom home in Scarborough declined by $90,715 (7.6%) compared to the previous 30 day period (September 23 - October 22) and up $13,533 (1.2%) from the same time one year ago.Inventory Change
There were 145 2-bedroom homes listed in Scarborough over the last 30 days (October 23 - November 21), which is down 33.2% compared with the previous 30 day period (September 23 - October 22) and down 12.1% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold ($1,779) (0.2%) below asking price over the last 30 days (October 23 - November 21), which represents a $3,669 decrease compared to the previous 30 day period (September 23 - October 22) and $5,086 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 2-bedroom homes in Scarborough over the last 30 days (October 23 - November 21) stood at 82.8%, up from 51.6% over the previous 30 days (September 23 - October 22) and up from 68.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Scarborough stood at 30 days when successfully sold over the last 30 days (October 23 - November 21), compared to 55 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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