94 Euclid Ave

FOR SALE
$1,450,000
94 Euclid Ave, Scarborough
94 Euclid Ave
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
E9050291
MLSID
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Property Description
Welcome to 94 Euclid Ave. , a rare and remarkable parcel of land in Highland Creek. This property presents an exceptional redevelopment opportunity for visionary developers and investors looking to create something truly special. This expansive property boasts 50ft frontage and 206ft depth. Centrally located near Major Roads, Schools, it is ideally positioned for Residential development. The strategic location offers the benefits of being in close proximity to Major Highways, Public Transport and schools, ensuring easy access and high visibility. You can benefit from the burgeoning growth in the area, with new businesses, residential projects, and amenities enhancing the neighborhood's appeal. This property is a blank canvas ready for your innovative ideas. With the demand for residential spaces in Toronto continuing to rise, this is the perfect moment to secure a prime piece of real estate that promises significant returns.Don't miss out on this unique chance to transform 94 Euclid Ave. into a landmark development.
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Property Details
Property Type
Detached, Bungalow
Lot Size
50' x 206'
Fronting
South
Taxes
$3,784 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Available
Garage Type
Carport
Scarborough Market Statistics
Scarborough Price Trend
94 Euclid Ave is a 3-bedroom 2-bathroom home listed for sale at $1,450,000, which is $116,254 (8.7%) higher than the average sold price of $1,333,746 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $4,461 (0.3%) compared to the previous 30 day period (September 21 - October 20) and up $49,509 (3.9%) from the same time one year ago.
Inventory Change
There were 888 3-bedroom homes listed in Scarborough over the last 30 days (October 21 - November 19), which is down 13.8% compared with the previous 30 day period (September 21 - October 20) and up 17.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold ($5,371) (0.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $14,114 decrease compared to the previous 30 day period (September 21 - October 20) and $172 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 (October 21 - November 19) stood at 69.0%, up from 54.8% over the previous 30 days (September 21 - October 20) and up from 52.6% 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 20 days when successfully sold over the last 30 days (October 21 - November 19), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Our Neighbourhood Realty Inc.
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