61 Balfour Ave

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61 Balfour Ave, Scarborough
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2 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
5 + 4
ROOMS
E3932725
MLSID
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Property Description
Impressive, Architecturally Designed, Rare Legal 2-Unit Home. Professionally Renovated W/Permits In 2012. Modern Upscale Decor W/Hrdwd Floors, High-End Kitchens W/Granite Tops, Beautiful Bthrms & Lots Of Led Pot Lights. Bright Lower Unit W/Wide Stone Walk Up, Large Windows & 7'10" High Ceilings. Excellent Bsmt Tenant Paying $1,625/Mo. Fantastic Condo Alternative, After Rental Income, Live Upstairs For The Cost Of A Condo.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-05-11 2021-07-03 53 $1,695 $1,695 Leased
2020-12-04 2020-12-10 6 $1,695 $1,700 Leased
2020-09-12 2020-12-02 82 $1,695 - Expired
2019-08-01 2019-08-05 4 $1,900 $1,900 Leased
Extras
Vibrant Upper Beaches, Walk To Cafes, Restaurants, Shops, Markets & Groceries, 5 Min Walk To Main St Subway, 13 Min To Yonge/Bay, 10 Min Walk To Danforth Go, Get To Union In 15. In-Suite Laundry In Both Units. Parking For 2 Car In Backyard.
Property Details
Property Type
Detached, Bungalow
Lot Size
24' x 123'
Lot Irregularities
*Ca275933, Toronto, City Of Toronto
Fronting
North
Taxes
$3,212 (2017)
Basement
Apartment, Walk-Up
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain9.84' x 28.15'Hardwood Floor, Open Concept, Combined W/Dining
DiningMain9.84' x 28.15'Hardwood Floor, Open Concept, Combined W/Living
KitchenMain12.30' x 12.96'Hardwood Floor, Modern Kitchen, Granite Counter
MasterMain8.83' x 12.40'Hardwood Floor, Double Closet
2nd BrMain9.02' x 9.48'Hardwood Floor, Closet
LivingLower9.91' x 14.04'Hardwood Floor, Open Concept, Pot Lights
KitchenLower11.09' x 12.40'Hardwood Floor, Modern Kitchen, Granite Counter
MasterLower9.22' x 13.09'Hardwood Floor, Large Closet, Pot Lights
2nd BrLower9.84' x 10.99'Hardwood Floor, Pot Lights
Scarborough Market Statistics
Scarborough Price Trend
61 Balfour Ave is a 2-bedroom 2-bathroom home listed for sale at $1,049,000, which is $69,357 (6.2%) lower than the average sold price of $1,118,357 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 2 bedroom home in Scarborough declined by $29,646 (2.6%) compared to the previous 30 day period (February 19 - March 19) and down $18,773 (1.7%) from the same time one year ago.
Inventory Change
There were 201 2-bedroom homes listed in Scarborough over the last 30 days (March 20 - April 18), which is up 25.6% compared with the previous 30 day period (February 19 - March 19) and up 40.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $80,693 (7.2%) above asking price over the last 30 days (March 20 - April 18), which represents a $11,518 increase compared to the previous 30 day period (February 19 - March 19) and $74,351 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 20 - April 18) stood at 62.7%, up from 61.3% over the previous 30 days (February 19 - March 19) and down from 77.6% 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 20 - April 18), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc., Brokerage
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