770 Morrish Rd

FOR SALE
$1,325,000
770 Morrish Rd, Scarborough
770 Morrish Rd
770 Morrish Rd
770 Morrish Rd
770 Morrish Rd
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4 + 2
BEDROOMS
4
BATHROOMS
1 + 2
KITCHENS
8 + 6
ROOMS
E12000652
MLSID
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Property Description
**Attention investors, buyers, builders and developers** Here's a wonderful opportunity to own land on the end of a Cul-De-Sac in a highly sought after area. Property features two separate houses and two driveways with a total of 3 rentable/self contained units and lots of vehicle/boat/trailer parking. Many potential opportunities including: building new homes, severing the lot and much more. This is not to be missed!!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-28 2024-04-16 20 $1,200,000 $1,175,000 Sold
2023-03-01 2023-06-12 105 $1,999,900 - Suspended
2022-12-09 2023-02-10 63 $1,995,000 - Terminated
2022-06-01 2022-08-24 84 $2,400,000 - Terminated
2022-03-02 2022-03-29 27 $2,000,000 - Terminated
2020-03-30 2021-07-15 472 $1,299,000 - Suspended
2021-06-18 2021-07-15 27 $2,000 - Suspended
2020-03-30 2021-07-15 472 $1,299,000 - Suspended
2018-03-20 2019-06-05 442 $1,650,000 - Terminated
Property Features
Cul De Sac, Fenced Yard, Grnbelt/Conserv, Public Transit, School, Wooded/Treed
Property Details
Property Type
Detached, 2-Storey
Lot Size
79' x 202'
Acreage
< .50
Lot Irregularities
203.50 ftx100.22 ftx202.02 ftx78.91 ft
Fronting
West
Taxes
$5,336 (2024)
Basement
Crawl Space
Exterior
Stone, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Abv Grnd
Parking Spaces
19
Driveway
Private
Garage Type
Detached
Scarborough Market Statistics
Scarborough Price Trend
770 Morrish Rd is a 4-bedroom 4-bathroom home listed for sale at $1,325,000, which is $550,711 (29.4%) lower than the average sold price of $1,875,711 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Scarborough increased by $183,887 (10.9%) compared to the previous 30 day period (December 22 - January 20) and down $46,763 (2.4%) from the same time one year ago.
Inventory Change
There were 466 4-bedroom homes listed in Scarborough over the last 30 days (January 21 - February 19), which is up 87.9% compared with the previous 30 day period (December 22 - January 20) and up 30.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold $7,351 (0.4%) above asking price over the last 30 days (January 21 - February 19), which represents a $37,018 increase compared to the previous 30 day period (December 22 - January 20) and ($17,969) 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 4-bedroom homes in Scarborough over the last 30 days (January 21 - February 19) stood at 38.0%, down from 43.5% over the previous 30 days (December 22 - January 20) and down from 52.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Scarborough stood at 24 days when successfully sold over the last 30 days (January 21 - February 19), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Real Estate Centre Inc.
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