7 Adler St

FOR SALE
$1,239,000
7 Adler St, Scarborough
7 Adler St
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3 + 2
BEDROOMS
3
BATHROOMS
1 + 2
KITCHENS
6 + 6
ROOMS
E11941791
MLSID
Contact Us
Property Description
Fully Renovated Family Home with Income Potential! Welcome to 7 Adler St, a beautifully renovated gem in the heart of Scarborough! This stunning property offers modern finishes, versatile living spaces, and exceptional functionality, perfect for families or investors looking for extra income potential.With 6-Car Driveway and 1-Car Garage parking (with power running to the garage) there is ample space for guests and family vehicles. The open concept main floor, flooded with natural light, features an open concept living room & dining room plus a Chef's Kitchen, with top-of-the-line stainless steel appliances, stone countertops, ample storage, and a large island perfect for entertaining. There's also a walk-out to your private, landscaped backyard, perfect for summer BBQs and relaxation! 3 generous sized bedrooms and a spa bathroom with heated floors complete the main floor. The lower level features a bedroom, a second spa bathroom with heated floors, a recreation room and second kitchen, ideal for extended family, private use or additional income plus a walk in storage closet under the stairs provides tons of storage space. There's also a fully finished 1-bedroom basement apartment with a separate entrance, perfect for rental income or an additional in-law suite. This home is move-in ready, offering flexibility for multi-generational living or an excellent rental opportunity. Conveniently located near schools, parks, shopping, and transit, its the perfect blend of style and practicality. Basement tenants month to month, will to stay or go and paying $1,600 per month. Offers anytime!
Extras
Close to schools, parks, ravines, walking trails, great shopping and dining. Steps to TTC and only 10 minute walk to the Eglinton GO station.
Nearby Intersections
Property Details
Street
Community
Property Type
Detached, Bungalow-Raised
Lot Size
48' x 106'
Fronting
South
Taxes
$3,812 (2024)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain11.25' x 19.95'Bamboo Floor, Large Window, Combined W/Dining
DiningMain11.25' x 19.95'Bamboo Floor, Large Window, Combined W/Living
KitchenMain9.97' x 16.14'Stainless Steel Appl, Stone Counter, W/O To Yard
Prim BdrmMain9.28' x 13.58'Bamboo Floor, Large Window, Large Closet
2nd BrMain9.22' x 10.24'Bamboo Floor, Large Window, Closet
3rd BrMain9.58' x 10.30'Bamboo Floor, Large Window, Ceiling Fan
RecLower9.51' x 14.24'Vinyl Floor, Pot Lights, 3 Pc Bath
KitchenLower9.12' x 10.37'Vinyl Floor, Stainless Steel Appl, Stone Counter
BrLower8.83' x 9.02'Vinyl Floor, Window, Pot Lights
RecLower10.33' x 18.57'Vinyl Floor, Large Window, Combined W/Kitchen
KitchenLower10.33' x 18.57'Vinyl Floor, Large Window, Combined W/Rec
BrLower8.83' x 13.25'Vinyl Floor, Closet, 3 Pc Bath
Scarborough Market Statistics
Scarborough Price Trend
7 Adler St is a 3-bedroom 3-bathroom home listed for sale at $1,239,000, which is $46,288 (3.9%) higher than the average sold price of $1,192,712 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $86,213 (6.7%) compared to the previous 30 day period (November 19 - December 18) and down $60,928 (4.9%) from the same time one year ago.
Inventory Change
There were 319 3-bedroom homes listed in Scarborough over the last 30 days (December 19 - January 17), which is down 33.8% compared with the previous 30 day period (November 19 - December 18) and up 27.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold ($7,431) (0.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,931 decrease compared to the previous 30 day period (November 19 - December 18) and ($28,262) 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 3-bedroom homes in Scarborough over the last 30 days (December 19 - January 17) stood at 61.8%, down from 100.8% over the previous 30 days (November 19 - December 18) and down from 83.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Scarborough stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 76 days before being removed from the market upon being suspended or terminated.
Listing contracted with The Weir Team, Brokerage Inc.
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