788 - B Midland Ave B

FOR SALE
$1,199,000
788 - B Midland Ave B, Scarborough
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
788 - B Midland Ave B
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4 + 3
BEDROOMS
6
BATHROOMS
1 + 1
KITCHENS
10 + 4
ROOMS
E11477681
MLSID
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Property Description
Welcome to 788-B Midland Avenue, a remarkable residence offering over 2,700 square feet of thoughtfully designed living space at the foot steps of the future Midland Ave LRT. Upon entering, you are greeted by a spacious foyer with two large closets, leading past the powder room to the open-concept dining and living areas adjacent to a contemporary kitchen. The meticulously designed kitchen features ample cabinetry, two-toned countertops including a striking waterfall design and a sleek island with an integrated gas-range. Enjoy serene backyard views from the breakfast room, creating an ideal space for family gatherings. Ascending the skylight-filled staircase, the second floor reveals four generously sized bedrooms, each with its own Ensuite bathroom. The primary and secondary bedrooms boast walk-in closets, offering abundant storage. The lower level is designed with versatility and entertainment in mind, featuring spaces for a home theater, private gym, recreation room, or a fully equipped nanny suite with walk-out access to the backyard. With Toronto's growing demand for housing and zoning favourable to low-rise development along Eglinton corridor, the expansive lot offers exceptional opportunities. You can add a garden suite for a play area or home office, expand with a third floor, or transform the property into a 3- unit income-generating home. Blending timeless elegance with modern luxury, this home provides the perfect balance of functionality and sophistication for a cozy yet grand family retreat. Every detail has been carefully considered to maximize comfort and style. This rare opportunity awaits you.
Property Details
Community
Property Type
Semi-Detached, 2-Storey
Lot Size
30' x 139'
Fronting
West
Taxes
$3,500 (2023)
Basement
Fin W/O, Full
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain19.46' x 25.00'Window, Hardwood Floor
DiningMain9.65' x 18.50'Window, Hardwood Floor
KitchenMain10.56' x 6.56'Quartz Counter, Hardwood Floor, Custom Backsplash
BreakfastMain9.25' x 10.20'W/O To Yard, Hardwood Floor, Window
Br2nd12.96' x 10.37'Ensuite Bath, Hardwood Floor, Window
2nd Br2nd12.60' x 14.44'Ensuite Bath, Hardwood Floor, Window
3rd Br2nd12.40' x 14.80'Ensuite Bath, Hardwood Floor, Window
4th Br2nd11.12' x 14.80'Ensuite Bath, Hardwood Floor, Window
KitchenLower10.99' x 11.48'Quartz Counter, Tile Floor
5th BrLower9.65' x 9.25'Window, Laminate
Common RmLower9.48' x 13.88'Window, Laminate
ExerciseLower8.33' x 13.88'Window, Laminate
Scarborough Market Statistics
Scarborough Price Trend
788 - B Midland Ave B is a 4-bedroom 6-bathroom home listed for sale at $1,199,000, which is $677,977 (36.1%) lower than the average sold price of $1,876,977 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $80,870 (4.1%) compared to the previous 30 day period (October 4 - November 2) and down $147,573 (7.3%) from the same time one year ago.
Inventory Change
There were 389 4-bedroom homes listed in Scarborough over the last 30 days (November 3 - December 2), which is down 39.5% compared with the previous 30 day period (October 4 - November 2) and down 11.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($35,772) (1.9%) below asking price over the last 30 days (November 3 - December 2), which represents a $11,155 decrease compared to the previous 30 day period (October 4 - November 2) and ($76,705) 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 (November 3 - December 2) stood at 67.1%, up from 46.8% over the previous 30 days (October 4 - November 2) and up from 45.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 6-bathroom home in Scarborough stood at 25 days when successfully sold over the last 30 days (November 3 - December 2), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Titans Realty Inc.
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