721 Midland Ave E
Kennedy Park, Scarborough, M1K 4E3
FOR SALE
$1,600,000
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5 + 3
BEDROOMS5
BATHROOMS1 + 1
KITCHENS11 + 4
ROOMSE9380640
MLSIDContact Us
Property Description
This Beautifully Built Home Features 4 + 3 Bedrooms, 5 Washrooms, Kitchen W/Quartz Countertops ,Centre Island/Breakfast Bar With Gas Cooktop. Includes 2 Sinks, Hardwood Floors & Gas Fireplace. Master Bedroom with 5PC Ensuite & Large Walk In Closet, Gorgeous Spiral Staircase With 2 Skylights & a Stunning Crystal Chandelier. Includes Walk Out Separate Side Entrance For Basement. Minutes away from the Scarborough Bluffs. Very Close to Go Station, Subway, Schools, Malls, Parks and other amenities
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
40' x 155'
Fronting
East
Taxes
$6,066 (2023)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Ground | 16.83' x 15.16' | Combined W/Dining, Hardwood Floor, Pot Lights |
Dining | Ground | 11.98' x 16.57' | Combined W/Living, Hardwood Floor, Pot Lights |
Family | Ground | 18.08' x 17.16' | W/O To Deck, Hardwood Floor, Fireplace |
Kitchen | Ground | 10.30' x 13.98' | Quartz Counter, B/I Oven, Centre Island |
Prim Bdrm | 2nd | 11.98' x 17.55' | 5 Pc Ensuite, W/I Closet, Hardwood Floor |
2nd Br | 2nd | 10.99' x 10.99' | 3 Pc Ensuite, W/I Closet, Hardwood Floor |
3rd Br | 2nd | 10.99' x 7.48' | 3 Pc Ensuite, W/I Closet |
4th Br | 2nd | 11.48' x 11.75' | B/I Closet, Hardwood Floor, Window |
Br | Bsmt | 8.53' x 10.83' | Laminate |
Br | Bsmt | 14.57' x 11.81' | B/I Closet, Laminate, Pot Lights |
Br | Bsmt | 11.81' x 15.75' | B/I Closet, Laminate, Pot Lights |
Kitchen | Bsmt | 15.06' x 14.47' | Combined W/Dining, Tile Floor, Pot Lights |
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Scarborough Market Statistics
Scarborough Price Trend
721 Midland Ave E is a 5-bedroom 5-bathroom home listed for sale at $1,600,000, which is $1,112,268 (41.0%) lower than the average sold price of $2,712,268 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 5 bedroom home in Scarborough declined by $559,528 (17.1%) compared to the previous 30 day period (October 3 - November 1) and down $71,419 (2.6%) from the same time one year ago.Inventory Change
There were 101 5-bedroom homes listed in Scarborough over the last 30 days (November 2 - December 1), which is down 29.4% compared with the previous 30 day period (October 3 - November 1) and down 1.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Scarborough typically sold ($109,862) (4.1%) below asking price over the last 30 days (November 2 - December 1), which represents a $7,222 decrease compared to the previous 30 day period (October 3 - November 1) and ($138,915) 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 5-bedroom homes in Scarborough over the last 30 days (November 2 - December 1) stood at 54.5%, up from 43.4% over the previous 30 days (October 3 - November 1) and up from 31.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Scarborough stood at 36 days when successfully sold over the last 30 days (November 2 - December 1), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Excellence Real Estate
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