23 Morton Rd

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23 Morton Rd, Scarborough
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4 + 1
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
9 + 2
ROOMS
E4003480
MLSID
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Property Description
An Excellent Opportunity For Owners & Investors.Currently Positioned As A 3 Unit,Income Prop, It Can Easily Be Converted Into A Single Fam Home Or Owner Occupied Invstmnt Prop.Many Shops, Boutiques & Eateries Along Trendy Danforth Strip.Ttc Access @ Main & Woodbine. 1 Car Garage. Recent Gross Annual Income Just Over $44,400.00 W/ Considerable Room For Improvement.Move In & Enjoy Or Benefit From The Passive Income A True Invesmnt Prop Provides.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-08-16 2019-09-09 24 $2,395 - Terminated
Extras
Existing 3 Stoves,2 Fridges, 2 Dishwashers, 2 Washers/Dryers. All Elfs. 2 Street Parking Permit Plus Single Car Garage. High Eff Gas Furnace, 2015 Ac, On Demand Water(Rental). Separate Meters. 2009 Roof/Eavestrough.
Property Features
Hospital, Park, Public Transit, School
Property Details
Street
Property Type
Detached, 2-Storey
Lot Size
22' x 88'
Lot Irregularities
**And Part Of Lane
Fronting
East
Taxes
$3,629 (2017)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Lane
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain10.96' x 21.78'Combined W/Dining, Broadloom, Fireplace
DiningMain10.96' x 21.78'Combined W/Living, Broadloom
BrMain8.96' x 12.14'Broadloom, Closet, Window
BrMain8.92' x 8.63'Broadloom, Closet, Window
KitchenMain6.43' x 21.78'Laminate
Living2nd9.19' x 14.34'Laminate, Fireplace
Kitchen2nd9.02' x 14.34'Laminate
Br2nd9.45' x 14.57'Broadloom, W/I Closet, W/O To Deck
Office2nd8.07' x 9.68'Laminate
Scarborough Market Statistics
Scarborough Price Trend
23 Morton Rd is a 4-bedroom 3-bathroom home listed for sale at $1,049,900, which is $1,016,182 (49.2%) lower than the average sold price of $2,066,082 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 4 bedroom home in Scarborough increased by $96,753 (4.9%) compared to the previous 30 day period (January 28 - February 26) and up $46,356 (2.3%) from the same time one year ago.
Inventory Change
There were 464 4-bedroom homes listed in Scarborough over the last 30 days (February 27 - March 27), which is up 16.9% compared with the previous 30 day period (January 28 - February 26) and up 5.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold $19,310 (0.9%) above asking price over the last 30 days (February 27 - March 27), which represents a $31,063 increase compared to the previous 30 day period (January 28 - February 26) and $13,171 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 4-bedroom homes in Scarborough over the last 30 days (February 27 - March 27) stood at 52.4%, down from 53.4% over the previous 30 days (January 28 - February 26) and down from 54.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Scarborough stood at 19 days when successfully sold over the last 30 days (February 27 - March 27), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty, Brokerage
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