2685 Eglinton Ave E

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2685 Eglinton Ave E, Scarborough
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3 + 2
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
7
ROOMS
E3983495
MLSID
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Property Description
Great Toronto Investment Or For Future Use; Residential & Commercial Property; Great Investment Potential, Approx $52,000 In Current Income; 3 Yrs Lease On Store Left, 4 Sep.Hydro Meters, Great Plaza, No Maintenance Fees, Ttc At Front Steps, Lots Of Parking, 5 Sep. Entrances; Potential To Extend In The Back; A Must See
Extras
2 Fridges, 2 Stoves, Cac, Elfs;
Property Features
Public Transit
Property Details
Community
Property Type
Store W/Apt/Offc, 2-Storey
Lot Size
22' x 230'
Fronting
North
Taxes
$12,103 (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
Scarborough Market Statistics
Scarborough Price Trend
2685 Eglinton Ave E is a 3-bedroom 4-bathroom condo listed for sale at $699,000, which is $176,702 (20.2%) lower than the average sold price of $875,702 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 3 bedroom condo in Scarborough declined by $102,051 (10.4%) compared to the previous 30 day period (January 28 - February 26) and down $45,326 (4.9%) from the same time one year ago.
Inventory Change
There were 227 3-bedroom condos listed in Scarborough over the last 30 days (February 27 - March 27), which is up 13.5% compared with the previous 30 day period (January 28 - February 26) and up 40.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Scarborough typically sold ($741) (0.1%) below asking price over the last 30 days (February 27 - March 27), which represents a $28,995 increase compared to the previous 30 day period (January 28 - February 26) and ($25,840) 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 (February 27 - March 27) stood at 40.1%, up from 35.5% over the previous 30 days (January 28 - February 26) and down from 51.9% 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 28 days when successfully sold over the last 30 days (February 27 - March 27), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max West Realty Inc., Brokerage
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