125 Scarlett Rd
Rockcliffe-Smythe, Toronto, M6N 4K6
FOR SALE
$4,180,000
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9 + 1
BEDROOMS6
BATHROOMS6
KITCHENS16
ROOMSW8213178
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Property Description
Great investment opportunity. Four 2-bedroom apartments & two 1-bedroom apartments. 2 bed 950 sq ft each, 1 bed 700 sq ft. 10 parking spaces and 6 storage lockers. New roof and furnace, radiant heating throughout. Separate coin laundry on lower level (washer and dryer) produces $700-$1400 per month.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-26 | 2024-02-29 | 248 | $4,800,000 | - | Terminated |
Nearby Intersections
Scarlett & St Clair (17)
Eglinton & Jane (67)
Property Features
Golf, Public Transit, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Lot Size
86' x 188'
Fronting
West
Taxes
$6,256 (2023)
Basement
Other
Exterior
Stucco/Plaster
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
10
Driveway
Private
Garage Type
None
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Toronto Market Statistics
Toronto Price Trend
125 Scarlett Rd is a 9-bedroom 6-bathroom home listed for sale at $4,180,000, which is $1,339,540 (47.2%) higher than the average sold price of $2,840,460 in the last 30 days (March 31 - April 29). During the last 30 days the average sold price for a 9 bedroom home in Toronto increased by $240,460 (9.2%) compared to the previous 30 day period (March 1 - March 30) and up $240,460 (9.2%) from the same time one year ago.Inventory Change
There were 13 9-bedroom homes listed in Toronto over the last 30 days (March 31 - April 29), which is up 160.0% compared with the previous 30 day period (March 1 - March 30) and up 550.0% compared with the same period last year.Sold Price Above/Below Asking ($)
9-bedroom homes in Toronto typically sold ($154,540) (5.4%) below asking price over the last 30 days (March 31 - April 29), which represents a $59,540 decrease compared to the previous 30 day period (March 1 - March 30) and ($250,000) 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 9-bedroom homes in Toronto over the last 30 days (March 31 - April 29) stood at 7.7%, down from 20.0% over the previous 30 days (March 1 - March 30) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 9-bedroom 6-bathroom home in Toronto stood at 28 days when successfully sold over the last 30 days (March 31 - April 29), compared to 99 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Metropolis Realty
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