70 ORCHID PLACE Dr E 14

FOR SALE
$585,000
70 ORCHID PLACE Dr E 14, Scarborough
70 ORCHID PLACE Dr E 14
70 ORCHID PLACE Dr E 14
70 ORCHID PLACE Dr E 14
70 ORCHID PLACE Dr E 14
70 ORCHID PLACE Dr E 14
70 ORCHID PLACE Dr E 14
70 ORCHID PLACE Dr E 14
70 ORCHID PLACE Dr E 14
70 ORCHID PLACE Dr E 14
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
E9296264
MLSID
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Property Description
FOUR YEAR OLD TOWNHOUSE. LOTS OF NATURAL LIGHT. 1 BEDROOM, 1 BATHROOM. MODERN UNIT WITH AN OPEN CONCEPT FOR LIVING AND DINING. ENJOY THE TERRACE! LAMINATE FLOORING, MODERN KITCHEN WITH S/S APPLIANCES. GRANITE COUNTERTOP. WALKING DISTANCE TO LOCAL SCHOOLS, PARKS, LIBARIES AND PUBLIC TRANSIT. HIGHWAY 401, UNIVERSITIES AND COLLEGES! TURN KEY UNIT TO ENJOY. Motivated Seller!
Nearby Intersections
Property Details
Community
Property Type
Condo Townhouse, 3-Storey
Approximate Sq.Ft.
500-599
Taxes
$1,952 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
KitchenMain11.81' x 15.75'
BrMain10.83' x 10.83'
PantryMain2.95' x 7.87'
Scarborough Market Statistics
Scarborough Price Trend
70 ORCHID PLACE Dr E 14 is a 1-bedroom 1-bathroom townhome listed for sale at $585,000, which is $15,748 (2.8%) higher than the average sold price of $569,252 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 1 bedroom townhome in Scarborough declined by $54,624 (8.8%) compared to the previous 30 day period (October 12 - November 10) and down $54,248 (8.7%) from the same time one year ago.
Inventory Change
There were 19 1-bedroom townhomes listed in Scarborough over the last 30 days (November 11 - December 10), which is down 24.0% compared with the previous 30 day period (October 12 - November 10) and up 35.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom townhomes in Scarborough typically sold ($5,870) (1.0%) below asking price over the last 30 days (November 11 - December 10), which represents a $1,327 decrease compared to the previous 30 day period (October 12 - November 10) and ($11,000) 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 (November 11 - December 10) stood at 68.4%, up from 36.0% over the previous 30 days (October 12 - November 10) and up from 14.3% 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 38 days when successfully sold over the last 30 days (November 11 - December 10), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Specialists Inc.
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