341 Morningside Ave

FOR SALE
$899,000
341 Morningside Ave, Scarborough
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
341 Morningside Ave
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3 + 3
BEDROOMS
6
BATHROOMS
1 + 1
KITCHENS
5 + 3
ROOMS
E8320294
MLSID
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Property Description
Location! Location! Take the opportunity of the cool market before become Hot! Great opportunity to Own A 3+3 Br Bungalow Sitting On A Large Lot With A Separate Entrance. Ideal for First Time Buyer or Investors. Steps To U Of T Scarborough Campus, Centennial College, West Hill Collegiate And PanAm Centre. Potential opportunity to build in the large lot or adding a Garden House in Back. All amenities in close distance.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-12-15 2024-01-15 31 $949,000 - Terminated
2023-12-01 2023-12-15 14 $899,000 - Terminated
Nearby Intersections
Property Features
Fenced Yard, Hospital, Library, Park, Public Transit, School
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
45' x 140'
Acreage
< .50
Fronting
East
Taxes
$2,600 (2023)
Basement
Finished, Sep Entrance
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Scarborough Market Statistics
Scarborough Price Trend
341 Morningside Ave is a 3-bedroom 6-bathroom home listed for sale at $899,000, which is $524,172 (36.8%) lower than the average sold price of $1,423,172 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $87,800 (6.6%) compared to the previous 30 day period (March 15 - April 13) and down $42,855 (2.9%) from the same time one year ago.
Inventory Change
There were 1,201 3-bedroom homes listed in Scarborough over the last 30 days (April 14 - May 13), which is up 57.8% compared with the previous 30 day period (March 15 - April 13) and up 26.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $75,399 (5.3%) above asking price over the last 30 days (April 14 - May 13), which represents a $7,486 decrease compared to the previous 30 day period (March 15 - April 13) and $110,072 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 3-bedroom homes in Scarborough over the last 30 days (April 14 - May 13) stood at 45.6%, down from 83.8% over the previous 30 days (March 15 - April 13) and down from 69.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 6-bathroom home in Scarborough stood at 13 days when successfully sold over the last 30 days (April 14 - May 13), compared to 32 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 People`S Choice Realty Inc.
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