70 Orchid Place Dr Unit 12
Malvern, Scarborough, M1B 0C4
FOR SALE
$849,000
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Property Description
Gorgeous Almost New 3 Bedrooms and 3 Full Washrooms Corner Unit Townhouse in a High Demand Neighbourhood with 2 parking spots side-by-side (rare find). Tarion Warranty Under Effect. Main Level w/ Upgraded Flooring & Pot Lights, Spacious Layout, Modern Open Concept Kitchen & Living/Dining w/ Backsplash. Master Bedroom w/ Walk-In & Reach-In Closets, Custom Closets Throughout, Private Outdoor Spaces on Both Levels. Access to All Amenities in the Community. Easy Access/Walking Distance to TTC, Public Transit, Park, School, Library & Community Centre, Banks, Grocery Stores and Restaurants. Close to GO Station, Hwy 401, Costco, Walmart, and much more....
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-10-26 | 2024-01-25 | 92 | $839,000 | - | Expired |
| 2023-09-30 | 2023-10-06 | 8 | $849,000 | $830,000 | Sold |
| 2023-09-30 | 2023-10-06 | 8 | $849,000 | $830,000 | Sold |
| 2023-08-24 | 2023-09-29 | 36 | $849,000 | - | Terminated |
Extras
S/S: Fridge, Dishwasher, Stove, and Range Hood. Washer & Dryer. All Window Coverings, Upgraded Electrical Light Fixtures, Central Air Conditioner. Free Bike Storage, Access to GYM, Yoga Room, Party Room, Community Garden and Greenhouse.
Nearby Intersections
McCowan & 401 (85)
Markham & Sheppard (57)
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Property Details
Street
Community
City
Property Type
Condo Townhouse, Stacked Townhse
Approximate Sq.Ft.
1200-1399
Taxes
$3,298 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Parking 2
Owned
Garage Type
Underground
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Scarborough Market Statistics
Scarborough Price Trend
70 Orchid Place Dr Unit 12 is a 3-bedroom 3-bathroom townhome listed for sale at $849,000, which is $217,333 (20.4%) lower than the average sold price of $1,066,333 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 3 bedroom townhome in Scarborough declined by $8,728 (0.8%) compared to the previous 30 day period (February 29 - March 29) and down $21,664 (2.0%) from the same time one year ago.Inventory Change
There were 262 3-bedroom townhomes listed in Scarborough over the last 30 days (March 30 - April 28), which is down 1.5% compared with the previous 30 day period (February 29 - March 29) and up 20.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Scarborough typically sold $22,365 (2.1%) above asking price over the last 30 days (March 30 - April 28), which represents a $30,634 decrease compared to the previous 30 day period (February 29 - March 29) and $44,367 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 townhomes in Scarborough over the last 30 days (March 30 - April 28) stood at 63.0%, up from 54.1% over the previous 30 days (February 29 - March 29) and down from 79.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Scarborough stood at 18 days when successfully sold over the last 30 days (March 30 - April 28), compared to 40 days before being removed from the market upon being suspended or terminated.Listing contracted with Kingsway Real Estate
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