2412 Queen St E
Birchcliffe-Cliffside, Scarborough, M1N 1A2
FOR SALE
$6,295,000
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BEDROOMS18
BATHROOMS0
KITCHENS61
ROOMSE10408777
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Property Description
Exceptional 18 self contained unit apartment building at 2412 Queen St E, situated in the heart of Toronto's sought-after Beaches neighborhood! The building features a mix of 7 spacious two-bedroom units and 11 one-bedroom units, three units have been fully renovated with new kitchens, new baths, new appliances and new floors. providing an ideal blend of living spaces. Recent upgrades include a new roof completed in 2016. Don't miss this opportunity to invest in a prime location!
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Multiplex, Other
Fronting
North
Taxes
$38,536 (2024)
Basement
Other
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
8
Driveway
Available
Garage Type
None
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Scarborough Market Statistics
Scarborough Price Trend
2412 Queen St E is a 0-bedroom 18-bathroom home listed for sale at $6,295,000, which is $5,730,643 (1,015.4%) higher than the average sold price of $564,357 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 0 bedroom home in Scarborough increased by $17,424 (3.2%) compared to the previous 30 day period (November 18 - December 17) and down $845,693 (60.0%) from the same time one year ago.Inventory Change
There were 1 0-bedroom homes listed in Scarborough over the last 30 days (December 18 - January 16), which is down 75.0% compared with the previous 30 day period (November 18 - December 17) and down 66.7% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom homes in Scarborough typically sold $2,000 (0.4%) above asking price over the last 30 days (December 18 - January 16), which represents a $6,733 increase compared to the previous 30 day period (November 18 - December 17) and ($33,950) 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 0-bedroom homes in Scarborough over the last 30 days (December 18 - January 16) stood at 700.0%, up from 75.0% over the previous 30 days (November 18 - December 17) and up from 66.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 18-bathroom home in Scarborough stood at 26 days when successfully sold over the last 30 days (December 18 - January 16), compared to 122 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Real Estate Ltd.
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