721 Midland Ave E

FOR SALE
$1,600,000
721 Midland Ave E, Scarborough
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
721 Midland Ave E
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5 + 3
BEDROOMS
5
BATHROOMS
1 + 1
KITCHENS
11 + 4
ROOMS
E9380640
MLSID
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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
Nearby Intersections
Property Details
Community
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
Room Summary
RoomLevelSizeFeatures
LivingGround16.83' x 15.16'Combined W/Dining, Hardwood Floor, Pot Lights
DiningGround11.98' x 16.57'Combined W/Living, Hardwood Floor, Pot Lights
FamilyGround18.08' x 17.16'W/O To Deck, Hardwood Floor, Fireplace
KitchenGround10.30' x 13.98'Quartz Counter, B/I Oven, Centre Island
Prim Bdrm2nd11.98' x 17.55'5 Pc Ensuite, W/I Closet, Hardwood Floor
2nd Br2nd10.99' x 10.99'3 Pc Ensuite, W/I Closet, Hardwood Floor
3rd Br2nd10.99' x 7.48'3 Pc Ensuite, W/I Closet
4th Br2nd11.48' x 11.75'B/I Closet, Hardwood Floor, Window
BrBsmt8.53' x 10.83'Laminate
BrBsmt14.57' x 11.81'B/I Closet, Laminate, Pot Lights
BrBsmt11.81' x 15.75'B/I Closet, Laminate, Pot Lights
KitchenBsmt15.06' x 14.47'Combined W/Dining, Tile Floor, Pot Lights
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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