1499 Midland Ave

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1499 Midland Ave, Scarborough
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
8
ROOMS
E4106645
MLSID
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Property Description
Modern Freehold Townhome, New Build Style, High Demand Location, Steps To Lawrence Ave, Stones Throw To Groceries, Ttc Bus. Spacious Floor Plan, Good Sized Rooms, Very Large Kitchen, In Home Entrance To The Garage, Versatile Family Room Can Also Be A 4th Bedroom. Fresh Paint, Professionally Cleaned Top To Bottom. Absolutely Move In Condition!
Extras
Fr, St, Wa, Dr, B/I Dw, Furnace, Cac, All Elfs & Wcs. This Is A Freehold Unit, But The Common Area Is Common Elements Condominium Corporation No. 1787 M. Fee $138 Mo. Which Takes Care Of Garbage, Snow Removal.
Property Features
Place Of Worship, Public Transit, School
Property Details
Community
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
17' x 66'
Fronting
East
Taxes
$2,682 (2017)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
FoyerIn Betwn4.00' x 4.49'Ceramic Floor
LivingMain14.67' x 16.63'Hardwood Floor, W/O To Balcony, Combined W/Dining
DiningMain14.67' x 16.63'Hardwood Floor, Combined W/Living
KitchenMain8.27' x 16.70'Breakfast Area, Ceramic Floor, Pantry
MasterUpper13.39' x 13.52'W/I Closet, 4 Pc Ensuite
2nd BrUpper6.99' x 14.47'Closet
3rd BrUpper8.01' x 8.99'Closet
4th BrLower10.99' x 16.63'Ceramic Floor, Double Closet, W/O To Garage
Scarborough Market Statistics
Scarborough Price Trend
1499 Midland Ave is a 3-bedroom 3-bathroom townhome listed for sale at $658,000, which is $412,171 (38.5%) lower than the average sold price of $1,070,171 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 3 bedroom townhome in Scarborough increased by $97,606 (10.0%) compared to the previous 30 day period (January 28 - February 26) and up $40,388 (3.9%) from the same time one year ago.
Inventory Change
There were 270 3-bedroom townhomes listed in Scarborough over the last 30 days (February 27 - March 27), which is up 31.1% compared with the previous 30 day period (January 28 - February 26) and up 48.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Scarborough typically sold $47,495 (4.4%) above asking price over the last 30 days (February 27 - March 27), which represents a $37,260 increase compared to the previous 30 day period (January 28 - February 26) and $22,828 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 townhomes in Scarborough over the last 30 days (February 27 - March 27) stood at 54.8%, down from 54.9% over the previous 30 days (January 28 - February 26) and down from 72.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Scarborough stood at 13 days when successfully sold over the last 30 days (February 27 - March 27), compared to 40 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd., Brokerage
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