788 Midland Ave #B

FOR SALE
$1,425,000
788 Midland Ave #B, Scarborough
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
788 Midland Ave #B
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4 + 3
BEDROOMS
6
BATHROOMS
1 + 1
KITCHENS
10 + 4
ROOMS
E11934720
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 favorable to low-rise development along Eglinton Ave, 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 is rare opportunity awaits you.
Nearby Intersections
Property Details
Community
Property Type
Semi-Detached, 2-Storey
Lot Size
30' x 139'
Fronting
West
Taxes
$3,600 (2024)
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, Tile Floor
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
BreakfastMain10.99' x 10.20'W/O To Yard, Hardwood Floor, Window
5th BrLower9.65' x 9.25'Window, Laminate
BrLower9.48' x 13.88'Window, Laminate
BrLower8.33' x 13.88'Window, Laminate
Scarborough Market Statistics
Scarborough Price Trend
788 Midland Ave #B is a 4-bedroom 6-bathroom home listed for sale at $1,425,000, which is $166,845 (10.5%) lower than the average sold price of $1,591,845 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $294,828 (15.6%) compared to the previous 30 day period (November 19 - December 18) and down $105,045 (6.2%) from the same time one year ago.
Inventory Change
There were 234 4-bedroom homes listed in Scarborough over the last 30 days (December 19 - January 17), which is down 21.5% compared with the previous 30 day period (November 19 - December 18) and up 66.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($26,023) (1.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $15,789 increase compared to the previous 30 day period (November 19 - December 18) and ($80,967) 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 (December 19 - January 17) stood at 52.6%, down from 72.1% over the previous 30 days (November 19 - December 18) and down from 62.4% 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 39 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Titans Realty Inc.
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