700 Mortimer Ave

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700 Mortimer Ave, Scarborough
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 2
ROOMS
E8294104
MLSID
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Property Description
Welcome To East York! This Detached Beauty Offers Practicality And Charm, And Features A Beautiful Yard, And Detached Laneway Garage. The Main Floor Has A Wonderful And Bright Open Concept Living/Dining, A Kitchen Featuring Stainless Steel Appliances And A Walkout To The Serene Backyard. With 2 Bedrooms Upstairs, As Well As An Additional Bedroom In The Basement, This Home Fits Many Needs. Two Separate Stairways To The Basement Offers Supplementary Income Potential, And Includes One Of The Two Bathrooms. Location Offers Proximity To The Charms Of The Danforth And It's Public Transit, And The DVP Is Not Far For Those Who Drive. Huge Laneway Garage Offers Parking, Storage, And Potential For A Laneway Suite And All That Income It Can Offer. Thoughtfully Landscaped, This House Is Charming Inside And Out! Move-In Ready, Just Waiting For You To Come And Enjoy The Toronto Summers!
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Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
22' x 101'
Fronting
North
Taxes
$3,571 (2023)
Basement
Finished, Sep Entrance
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Lane
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
FoyerMain4.79' x 13.39'Ceramic Floor, Staircase, South View
LivingMain4.79' x 22.90'Hardwood Floor, Crown Moulding, Pot Lights
DiningMain14.63' x 22.90'Hardwood Floor, Open Concept, Combined W/Living
KitchenMain9.94' x 10.07'Marble Counter, W/O To Deck, Stainless Steel Appl
Prim BdrmUpper10.79' x 11.09'Hardwood Floor, Double Closet, South View
BrUpper9.84' x 10.07'Hardwood Floor, Closet, Skylight
RecLower13.91' x 20.87'Vinyl Floor, Pot Lights, Window
BrLower7.05' x 9.84'Vinyl Floor, Pot Lights, Window
Scarborough Market Statistics
Scarborough Price Trend
700 Mortimer Ave is a 2-bedroom 2-bathroom home listed for sale at $899,900, which is $221,608 (19.8%) lower than the average sold price of $1,121,508 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom home in Scarborough increased by $2,925 (0.3%) compared to the previous 30 day period (March 15 - April 13) and down $196,158 (14.9%) from the same time one year ago.
Inventory Change
There were 271 2-bedroom homes listed in Scarborough over the last 30 days (April 14 - May 13), which is up 93.6% compared with the previous 30 day period (March 15 - April 13) and up 47.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $87,046 (7.8%) above asking price over the last 30 days (April 14 - May 13), which represents a $4,883 increase compared to the previous 30 day period (March 15 - April 13) and $84,317 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 2-bedroom homes in Scarborough over the last 30 days (April 14 - May 13) stood at 46.9%, down from 82.9% over the previous 30 days (March 15 - April 13) and down from 71.7% 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 10 days when successfully sold over the last 30 days (April 14 - May 13), compared to 38 days before being removed from the market upon being suspended or terminated.
Listing contracted with Bosley - Toronto Realty Group Inc.
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