2879 Kingston Rd
Cliffcrest, Scarborough, M1M 1N3
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2
BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSE3336778
MLSIDContact Us
Property Description
Great Exposure On Busy Highway. Always Rented! Bright, Large Beautifully Upgraded Apt Pay $950/Month, Month To Month Lease. Plus Hydro W/ Separate Entrance. Walk-Out From Sliding Glass Doors To Large Deck. Store Pays $1200 Plus Hst (Leased With Increases Yearly). 1000 Sq Ft Plus Basement. 4 Parking At Rear For Tenants. Ttc, Shopping, Plazas & Schools All Around. 1000 Sq Ft. 4Pc Bath. Laundry.
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Extras
2 Hydro Meters, Exclude: Fridge, Stove (Tenant's) And All Other Property Belonging To Tenant. Roof And Furnace A Few Years Old.
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Property Details
Street
Community
City
Property Type
Store W/Apt/Offc, Other
Lot Size
20' x 150'
Fronting
South
Taxes
$7,244 (2015)
Basement
Part Fin
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
None
Garage Type
None
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Scarborough Market Statistics
Scarborough Price Trend
2879 Kingston Rd is a 2-bedroom 2-bathroom condo listed for sale at $389,000, which is $436,226 (52.9%) lower than the average sold price of $825,226 in the last 30 days (April 7 - May 6). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough increased by $38,589 (4.9%) compared to the previous 30 day period (March 8 - April 6) and up $7,560 (0.9%) from the same time one year ago.Inventory Change
There were 1,722 2-bedroom condos listed in Scarborough over the last 30 days (April 7 - May 6), which is up 64.3% compared with the previous 30 day period (March 8 - April 6) and up 50.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($13,767) (1.7%) below asking price over the last 30 days (April 7 - May 6), which represents a $3,777 decrease compared to the previous 30 day period (March 8 - April 6) and ($6,796) 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 condos in Scarborough over the last 30 days (April 7 - May 6) stood at 35.1%, down from 66.3% over the previous 30 days (March 8 - April 6) and down from 63.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Scarborough stood at 25 days when successfully sold over the last 30 days (April 7 - May 6), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Exceptional Real Estate Services, Brokerage
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