2408 Kingston Rd
Birchcliffe-Cliffside, Scarborough, M1N 1V2
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3 + 1
BEDROOMS4
BATHROOMS4
KITCHENS7 + 1
ROOMSE2846590
MLSIDContact Us
Property Description
Attn Investors: Fantastic 5 Unit Fully Rented Income Property. 3 Updated Kitchens 2 With Granite Counters, 2 Updated Baths, 4 Large Bachelor Units And 1 Hobby Shop. New Boiler Installed In October '13. Parking For 2 Cars. Fantastic Rental Location For Tenants Close To Transit, Shoppingm, Schools And More.
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Extras
4 Fridges, 3 Stoves, All Elf, Washer And Dryer. Mele Dishwasher, 2 Range Hoods
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Property Details
Street
Community
City
Property Type
Store W/Apt/Offc, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
16' x 130'
Fronting
North
Taxes
$1,956 (2013)
Basement
Apartment
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
None
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Scarborough Market Statistics
Scarborough Price Trend
2408 Kingston Rd is a 3-bedroom 4-bathroom condo listed for sale at $465,000, which is $448,178 (49.1%) lower than the average sold price of $913,178 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom condo in Scarborough increased by $29,599 (3.3%) compared to the previous 30 day period (February 26 - March 26) and up $72,486 (8.6%) from the same time one year ago.Inventory Change
There were 244 3-bedroom condos listed in Scarborough over the last 30 days (March 27 - April 25), which is up 5.2% compared with the previous 30 day period (February 26 - March 26) and up 49.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Scarborough typically sold ($5,646) (0.6%) below asking price over the last 30 days (March 27 - April 25), which represents a $3,697 decrease compared to the previous 30 day period (February 26 - March 26) and ($13,683) 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 condos in Scarborough over the last 30 days (March 27 - April 25) stood at 45.9%, up from 40.1% over the previous 30 days (February 26 - March 26) and down from 63.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom condo in Scarborough stood at 27 days when successfully sold over the last 30 days (March 27 - April 25), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Dreams Realty Inc., Brokerage
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