853 Sammon Ave
Woodbine-Lumsden, Scarborough, M4C 2E9
FOR SALE
$688,000
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Property Description
This property offers a fantastic opportunity for renovation-savvy buyers or builders(LAND VALUE ONLY NO SHOWINGS) to create their dream home or next project in a sought-after East York location(Mortimer/Woodbine). Close to health care (Michael Garron Hospital), schools (Gledhill, DA Morrison, East York Collegiate), public transit (5 mins to bus stop, TTC Line 2 -Woodbine), major arteries (Danforth, O'Connor, Don Mills Road, DVP), and amenities(Shoppers Drug Mart, Super Centre, Golden Mile Plaza). Only one of two homes on north end of city block. Parking for two cars - private driveway and detached garage. Located just off Woodbine Ave, lot is approx 31w x 75l (west) / 63l (east) per deed, providing ample space for development. Priced to sell as land-value only, appliances and fixtures as-is, where-is. No showings. Do not walk property without an appointment through listing agent. Offer Date: Feb 17th.
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Nearby Intersections
Danforth & Woodbine (17)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
31' x 75'
Fronting
South
Taxes
$4,707 (2024)
Basement
Unfinished
Exterior
Brick, Insulbrick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Detached
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Scarborough Market Statistics
Scarborough Price Trend
853 Sammon Ave is a 3-bedroom 2-bathroom home listed for sale at $688,000, which is $504,712 (42.3%) lower than the average sold price of $1,192,712 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $86,213 (6.7%) compared to the previous 30 day period (November 19 - December 18) and down $60,928 (4.9%) from the same time one year ago.Inventory Change
There were 319 3-bedroom homes listed in Scarborough over the last 30 days (December 19 - January 17), which is down 33.8% compared with the previous 30 day period (November 19 - December 18) and up 27.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold ($7,431) (0.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,931 decrease compared to the previous 30 day period (November 19 - December 18) and ($28,262) 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 3-bedroom homes in Scarborough over the last 30 days (December 19 - January 17) stood at 61.8%, down from 100.8% over the previous 30 days (November 19 - December 18) and down from 83.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Scarborough stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife New World Realty Inc.
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