25 Norwood Terr
East End-Danforth, Scarborough, M4E 2H2
FOR SALE
$1,099,000
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1 + 2
BEDROOMS3
BATHROOMS2
KITCHENS6 + 2
ROOMSE9371071
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Property Description
Welcome to 25 Norwood Terrace in the sought-after Upper Beaches! This charming duplex is ideal for first-time homebuyers, condo graduates, or investors looking for a great opportunity. Can be easily converted to a single family home. Live in one unit and rent out the other to help with your mortgage! Upper Unit Features: One spacious bedroom. Bright open-concept living room and kitchen with access to a lovely balcony. Main Floor & Lower Unit has bright and spacious living and dining area, Ensuite laundry and a stylish 3-piece bathroom on the main floor. Modern kitchen that opens to a deck and private backyard, perfect for entertaining. Basement with two additional bedrooms, a 4-piece ensuite bathroom, and plenty of storage. Enjoy the charming front porch and the tranquility of a quiet, tree-lined street. Walking distance to public transit (GO train and subway) and local daycare. This move-in-ready home is zoned as a duplex per MPAC and has been virtually staged. Don't miss your chance to make this delightful property yours!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-06-14 | 2024-09-27 | 105 | $1,150,000 | - | Terminated |
Extras
Main floor is vacant. Upper unit is tenanted.
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
21' x 65'
Fronting
South
Taxes
$3,565 (2024)
Basement
Finished
Exterior
Brick Front, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 10.99' x 9.58' | Hardwood Floor, Window |
Dining | Main | 11.32' x 9.58' | Hardwood Floor, Closet |
Kitchen | Ground | 10.93' x 10.60' | Ceramic Floor, W/O To Deck |
Br | Bsmt | 13.91' x 8.07' | Ensuite Bath, Ceramic Floor |
2nd Br | Bsmt | 12.34' x 14.47' | Ceramic Floor |
Living | 2nd | 15.26' x 16.40' | Hardwood Floor |
Br | 2nd | 13.48' x 13.09' | Hardwood Floor |
Kitchen | 2nd | 8.66' x 9.25' | Ceramic Floor, W/O To Balcony |
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Scarborough Market Statistics
Scarborough Price Trend
25 Norwood Terr is a 1-bedroom 3-bathroom home listed for sale at $1,099,000, which is $330,957 (43.1%) higher than the average sold price of $768,043 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom home in Scarborough declined by $628,284 (45.0%) compared to the previous 30 day period (September 21 - October 20) and up $77,543 (11.2%) from the same time one year ago.Inventory Change
There were 5 1-bedroom homes listed in Scarborough over the last 30 days (October 21 - November 19), which is down 44.4% compared with the previous 30 day period (September 21 - October 20) and down 28.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom homes in Scarborough typically sold ($26,429) (3.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $83,631 decrease compared to the previous 30 day period (September 21 - October 20) and $65,550 less 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 1-bedroom homes in Scarborough over the last 30 days (October 21 - November 19) stood at 160.0%, up from 88.9% over the previous 30 days (September 21 - October 20) and up from 28.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 3-bathroom home in Scarborough stood at 17 days when successfully sold over the last 30 days (October 21 - November 19), compared to 90 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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