501 Midland Ave

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501 Midland Ave, Scarborough
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3 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
7 + 7
ROOMS
E4251850
MLSID
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Property Description
Pride Of Ownership Shines Thru In This Super-Spacious 3+2 Bed/2 Bath/2 Kit Cliffcrest Home. Massive Eat-In Kitchen With Large Principal Rooms. Thousands Spent On Upgrades W/ New Hrdwd Flrs Thruout Upstairs & Beautiful, Modern Just-Completed Bsmnt Reno. Live In One & Rent Out Other. So Many Options Here. Just Min's To Bluffs, Kingston Rd Shops, Bus Outside, Walk To School & Go Train. O/H Sat/Sun 2-4.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2018-10-31 2018-11-20 20 $679,900 $679,900 Sold
Extras
Sep Side Ent To Bsmnt Apt W/ Incredible 7'8" Ft Ceilings. S/S Fridge. D/W, Stove. Front Load W/D. Private 10X18 Ft Deck. Fully Fenced Yard. Storage Shed. Easily Parks 4 Cars. Truly A Home You Must See. Open House Sat Oct 20, 2-4.
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Semi-Detached, Bungalow
Lot Size
31' x 140'
Fronting
East
Taxes
$2,325 (2018)
Basement
Apartment, 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
LivingMain10.20' x 14.01'Hardwood Floor, Combined W/Dining, West View
DiningMain8.99' x 13.62'Hardwood Floor, Combined W/Living
KitchenMain11.09' x 14.01'Linoleum, Eat-In Kitchen, North View
MasterMain9.09' x 14.01'Hardwood Floor, Double Closet, Window
2nd BrMain9.19' x 14.01'Hardwood Floor, Double Closet, Window
3rd BrMain10.79' x 10.70'Hardwood Floor, Double Closet, W/O To Deck
LivingBsmt14.99' x 8.99'Laminate
KitchenBsmt9.19' x 9.61'Laminate, Window
MasterBsmt10.01' x 12.01'Laminate, Window
2nd BrBsmt8.83' x 9.19'Laminate, Window
FurnaceBsmt10.99' x 24.61'Laminate
LaundryBsmt12.40' x 8.01'Laminate
Scarborough Market Statistics
Scarborough Price Trend
501 Midland Ave is a 3-bedroom 2-bathroom home listed for sale at $699,900, which is $651,220 (48.2%) lower than the average sold price of $1,351,120 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $39,071 (3.0%) compared to the previous 30 day period (January 28 - February 26) and up $9,550 (0.7%) from the same time one year ago.
Inventory Change
There were 836 3-bedroom homes listed in Scarborough over the last 30 days (February 27 - March 27), which is up 35.7% compared with the previous 30 day period (January 28 - February 26) and up 28.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $79,406 (5.9%) above asking price over the last 30 days (February 27 - March 27), which represents a $34,705 increase compared to the previous 30 day period (January 28 - February 26) and $44,425 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 homes in Scarborough over the last 30 days (February 27 - March 27) stood at 70.0%, down from 70.9% over the previous 30 days (January 28 - February 26) and down from 75.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Scarborough stood at 13 days when successfully sold over the last 30 days (February 27 - March 27), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty Inc., Brokerage
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