1555 Kingston Rd
Birchcliffe-Cliffside, Scarborough, M1N 1R9
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2 + 2
BEDROOMS3
BATHROOMS2 + 1
KITCHENS5
ROOMSE2836302
MLSIDContact Us
Property Description
Updated 2 Storey Income Property With 3 Units Rented. Live Or Run A Business From The Store Front And Rent Out The Other Units. Main Fl Has Been Turned In To A Large Bachelor Apt, Could Be Turned Back In To A Commercial Space. 2nd Floor Is A 1Bed, Basement Is A 2 Bedroom Unit. Garage In Rear With Extra Parking. Property Re-Assessed For Residential Property Tax Rate
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Extras
3 Fridges, 3 Stoves, All Elfs, Chattels In 'As Is' Condition. Do Not Approach Tenants. Garage Can Be Rented Back To Current Owner For 2 Years.
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 2-Storey
Approximate Sq.Ft.
1100-1500
Fronting
South
Taxes
$2,250 (2014)
Basement
Apartment
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Other
Garage Type
Attached
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Scarborough Market Statistics
Scarborough Price Trend
1555 Kingston Rd is a 2-bedroom 3-bathroom townhome listed for sale at $355,900, which is $517,258 (59.2%) lower than the average sold price of $873,158 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 2 bedroom townhome in Scarborough declined by $35,677 (3.9%) compared to the previous 30 day period (February 19 - March 19) and down $58,874 (6.3%) from the same time one year ago.Inventory Change
There were 162 2-bedroom townhomes listed in Scarborough over the last 30 days (March 20 - April 18), which is down 2.4% compared with the previous 30 day period (February 19 - March 19) and up 45.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Scarborough typically sold $26,487 (3.0%) above asking price over the last 30 days (March 20 - April 18), which represents a $8,388 increase compared to the previous 30 day period (February 19 - March 19) and $45,245 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 2-bedroom townhomes in Scarborough over the last 30 days (March 20 - April 18) stood at 50.6%, up from 48.8% over the previous 30 days (February 19 - March 19) and down from 69.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom townhome in Scarborough stood at 14 days when successfully sold over the last 30 days (March 20 - April 18), compared to 48 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Dreams Realty Inc., Brokerage
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