1296 Military Tr

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1296 Military Tr, Scarborough
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
E3779929
MLSID
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Property Description
***Attention Investors And Builders***. So Much Potential! Rarely Offered Prime Toronto Location. A Chance To Build Your Dream Home! Right Across From University Of Toronto. Huge Mature Lot 50 X 316 . In The Vicinity Of Multi-Million Dollar Homes. Steps To Ttc, Minutes To Hwy And Scarborough Town Centre This Gem Won't Last!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-05-20 2021-06-02 13 $998,800 $1,168,000 Sold
2020-12-14 2021-02-09 57 $1,198,000 - Suspended
2020-10-22 2020-12-13 52 $1,190,000 - Suspended
2019-03-29 2019-06-11 74 $1,088,000 - Suspended
2019-01-30 2019-03-29 57 $1,098,000 - Suspended
2019-03-30 2019-04-10 11 $2,800 - Suspended
2019-02-27 2019-03-12 12 $2,700 - Suspended
2018-11-27 2019-01-30 64 $1,098,000 - Suspended
2018-10-09 2018-11-26 48 $1,190,000 - Suspended
Property Details
Property Type
Detached, Bungalow
Lot Size
50' x 317'
Lot Irregularities
Irregular As Per Attached Survey
Fronting
East
Taxes
$2,270 (2016)
Basement
Crawl Space
Exterior
Alum Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain13.12' x 7.55'
DiningMain10.17' x 7.55'
KitchenMain11.15' x 6.89'
MasterMain10.83' x 7.55'
BrMain10.17' x 7.22'
Scarborough Market Statistics
Scarborough Price Trend
1296 Military Tr is a 2-bedroom 1-bathroom home listed for sale at $1,300,000, which is $207,470 (19.0%) higher than the average sold price of $1,092,530 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 2 bedroom home in Scarborough declined by $49,686 (4.3%) compared to the previous 30 day period (February 9 - March 9) and down $26,967 (2.4%) from the same time one year ago.
Inventory Change
There were 144 2-bedroom homes listed in Scarborough over the last 30 days (March 10 - April 8), which is down 6.5% compared with the previous 30 day period (February 9 - March 9) and up 5.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $72,846 (6.7%) above asking price over the last 30 days (March 10 - April 8), which represents a $854 decrease compared to the previous 30 day period (February 9 - March 9) and $59,574 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 2-bedroom homes in Scarborough over the last 30 days (March 10 - April 8) stood at 75.0%, up from 63.6% over the previous 30 days (February 9 - March 9) and down from 75.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Scarborough stood at 10 days when successfully sold over the last 30 days (March 10 - April 8), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife New World Realty Inc., Brokerage
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