254 Tower Dr

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254 Tower Dr, Scarborough
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2 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 6
ROOMS
E3741824
MLSID
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Property Description
Welcome To 254 Tower Dr. Rare Opportunity *** Legal Duplex*** Turn Key, Beautifully Renovated Top To Bottom. Open Concept. New Kitchens, New Washrooms, Granite Counter Tops, Pot Lights, New Flooring, New Plumbing, New Roof, New Furnace, New Water Tank, New Electrical, New Driveway. Great Investment Opportunity To Rent Out Or To Live In. Perfect For Both First Time Buyers Or Seasoned Investors.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-07-27 2021-08-16 20 $1,099,900 $1,105,000 Sold
2021-07-19 2021-07-27 8 $999,900 - Terminated
Extras
All New Stainless Steel Fridge, Stove, Dishwasher, Microwave. Washer & Dryer. All Appliances In Basement Apartment, All Light Fixtures, Freshly Painted Throughout, Hydro Sep. Metered, Shows 10+, Don't Miss This One. Click On Virtual Tour.
Property Details
Street
Property Type
Detached, Bungalow
Lot Size
42' x 120'
Fronting
North
Taxes
$2,900 (2017)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain20.01' x 12.30'Combined W/Dining, Pot Lights, Laminate
DiningMain12.30' x 20.01'Pot Lights, Open Concept, Laminate
KitchenMain8.01' x 12.01'Granite Counter, Window, Stainless Steel Appl
MasterMain12.11' x 9.28'Laminate, Window, Double Closet
2nd BrMain9.28' x 10.01'Laminate, Window, Closet
LaundryMain5.02' x 7.02'
LivingBsmt16.01' x 13.02'Pot Lights, Combined W/Dining, Laminate
DiningBsmt13.02' x 16.01'Combined W/Living, Pot Lights, Laminate
KitchenBsmt9.51' x 7.51'Window, Granite Counter, Open Concept
MasterBsmt9.51' x 12.01'Closet, Window, Laminate
2nd BrBsmt8.33' x 11.52'Closet, Window, Laminate
Scarborough Market Statistics
Scarborough Price Trend
254 Tower Dr is a 2-bedroom 2-bathroom home listed for sale at $899,000, which is $194,834 (17.8%) lower than the average sold price of $1,093,834 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom home in Scarborough declined by $74,898 (6.4%) compared to the previous 30 day period (February 25 - March 25) and down $64,676 (5.6%) from the same time one year ago.
Inventory Change
There were 200 2-bedroom homes listed in Scarborough over the last 30 days (March 26 - April 24), which is up 28.2% compared with the previous 30 day period (February 25 - March 25) and up 32.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $80,184 (7.3%) above asking price over the last 30 days (March 26 - April 24), which represents a $66 decrease compared to the previous 30 day period (February 25 - March 25) and $70,915 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 26 - April 24) stood at 73.5%, up from 62.2% over the previous 30 days (February 25 - March 25) and up from 70.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Scarborough stood at 12 days when successfully sold over the last 30 days (March 26 - April 24), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Leading Edge Realty Inc., Brokerage
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