68A Laurel Ave
Kennedy Park, Scarborough, M1K 3J6
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BEDROOMS2
BATHROOMS0
KITCHENS6
ROOMSE3688370
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Property Description
***Only 2 Lots Available Within One Of The Most Sought After Areas Of Toronto With Approved Drawings And Building Permits*** Why Buy Builder Grade When You Can Build Custom For Less? Spectacular Opportunity To Build Your Dream Home On One Of These Fully Serviced Lots. Building Permit For Approximately 2000Sq Ft Detached Home Ready To Be Build Immediately.Land Value Only. House As Is.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-04-15 | 2021-05-14 | 30 | $1,499,500 | $1,475,000 | Sold |
Extras
All Developers Charges Has Been Payed By Seller. Very Potential Investment! Construction Financing And Development Available! Land Value Olny. House As Is.68B Laurel Ave Also Available For Sale.
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
25' x 104'
Acreage
< .49
Fronting
West
Taxes
$4,500 (2016)
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
Other
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Scarborough Market Statistics
Scarborough Price Trend
68A Laurel Ave is a 3-bedroom 2-bathroom home listed for sale at $595,000, which is $779,000 (56.7%) lower than the average sold price of $1,374,000 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $30,657 (2.3%) compared to the previous 30 day period (February 25 - March 25) and down $6,507 (0.5%) from the same time one year ago.Inventory Change
There were 970 3-bedroom homes listed in Scarborough over the last 30 days (March 26 - April 24), which is up 21.1% compared with the previous 30 day period (February 25 - March 25) and up 30.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $81,370 (5.9%) above asking price over the last 30 days (March 26 - April 24), which represents a $13,128 increase compared to the previous 30 day period (February 25 - March 25) and $70,866 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 (March 26 - April 24) stood at 68.1%, up from 68.0% over the previous 30 days (February 25 - March 25) 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 12 days when successfully sold over the last 30 days (March 26 - April 24), compared to 35 days before being removed from the market upon being suspended or terminated.Listing contracted with Superior Realty Point Inc., Brokerage
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