9 Millmere Dr

FOR SALE
$1,189,000
9 Millmere Dr, Scarborough
9 Millmere Dr
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3 + 3
BEDROOMS
3
BATHROOMS
1 + 2
KITCHENS
6 + 5
ROOMS
E11990310
MLSID
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Property Description
Live in a quiet, luxurious bungalow and let your tenants help pay your mortgage with two basement apartments! Ideal for first-time buyers or investors.This spacious bungalow features 3+3 bedrooms, 3 washrooms, and 3 kitchens, with two separate entrances, including a walkout to two self-contained apartments. Move-in ready, well-maintained, and updated with an open-concept layout, stainless steel appliances on the main floor, plenty of pot lights, and newer windows and doors.Potential rental income:Basement Appt #1: $2,000 + 30% utilities * Apt #2 Studio: $1,000 + 20% utilities *Each floor has its own separate laundry. Basement tenants are flexible and ready to move out if needed.Located on a child-friendly street, close to parks, with quick access to Highway 401, Scarborough Town Centre, hospitals, schools, transit, places of worship, and shopping.A rare find in the neighborhood! Watch the virtual tour today.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-01-13 2024-01-31 19 $2,000 $2,000 Leased
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
40' x 108'
Fronting
East
Taxes
$3,984 (2024)
Basement
Fin W/O, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingGround12.43' x 16.01'Laminate, Combined W/Living, Bow Window
DiningGround8.40' x 12.93'Laminate, Combined W/Living, Open Concept
KitchenGround8.86' x 15.45'Stainless Steel Appl, Quartz Counter, Centre Island
Prim BdrmGround9.58' x 12.83'Laminate, Closet, O/Looks Backyard
2nd BrGround9.35' x 12.43'Laminate, Closet, Window
3rd BrGround8.56' x 9.58'Laminate, Closet, Window
BrBsmt8.99' x 10.76'Laminate, Closet
BrBsmt9.19' x 10.76'Laminate, Closet
KitchenBsmt11.15' x 10.99'Open Concept, Combined W/Dining, Window
LaundryBsmt8.27' x 10.14'Tile Floor, 3 Pc Bath
BrBsmt7.48' x 18.37'Laminate, 3 Pc Ensuite, Walk-Out
KitchenBsmt5.41' x 16.99'Laminate, Open Concept, Combined W/Living
Scarborough Market Statistics
Scarborough Price Trend
9 Millmere Dr is a 3-bedroom 3-bathroom home listed for sale at $1,189,000, which is $103,598 (8.0%) lower than the average sold price of $1,292,598 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $71,412 (5.8%) compared to the previous 30 day period (December 22 - January 20) and down $8,210 (0.6%) from the same time one year ago.
Inventory Change
There were 676 3-bedroom homes listed in Scarborough over the last 30 days (January 21 - February 19), which is up 105.5% compared with the previous 30 day period (December 22 - January 20) and up 23.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $27,264 (2.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $35,980 increase compared to the previous 30 day period (December 22 - January 20) and $32,657 less 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 (January 21 - February 19) stood at 52.8%, down from 53.2% over the previous 30 days (December 22 - January 20) and down from 73.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Scarborough stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Bay Street Group Inc.
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