109-111 Virginia Ave
Danforth Village-East York, Scarborough, M4C 2T1
FOR SALE
$2,376,000

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Property Description
Nestled in the highly sought-after East York neighbourhood of Toronto, these 2 detached bungalows are set on an expansive30-foot by 100-foot lot EACH, adding up to 60x100 TOTAL, offering incredible potential for a single custom-built dream home or multiple smaller homes. Whether you're looking to modernize the existing home or start from scratch to create a bespoke residence, this lot provides ample space to bring your vision to life. Don't miss the opportunity to own a piece of East York and make this property your own!
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
61' x 100'
Fronting
South
Taxes
$7,542 (2024)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
Detached
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Scarborough Market Statistics
Scarborough Price Trend
109-111 Virginia Ave is a 4-bedroom 4-bathroom home listed for sale at $2,376,000, which is $500,289 (26.7%) higher than the average sold price of $1,875,711 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Scarborough increased by $183,887 (10.9%) compared to the previous 30 day period (December 22 - January 20) and down $46,763 (2.4%) from the same time one year ago.Inventory Change
There were 466 4-bedroom homes listed in Scarborough over the last 30 days (January 21 - February 19), which is up 87.9% compared with the previous 30 day period (December 22 - January 20) and up 30.9% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold $7,351 (0.4%) above asking price over the last 30 days (January 21 - February 19), which represents a $37,018 increase compared to the previous 30 day period (December 22 - January 20) and ($17,969) 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 4-bedroom homes in Scarborough over the last 30 days (January 21 - February 19) stood at 38.0%, down from 43.5% over the previous 30 days (December 22 - January 20) and down from 52.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Scarborough stood at 24 days when successfully sold over the last 30 days (January 21 - February 19), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Millennium Real Estate
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