808 Midland Ave
Kennedy Park, Scarborough, M1K 4E7
FOR SALE
$799,000
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2 + 2
BEDROOMS3
BATHROOMS1 + 1
KITCHENS5 + 6
ROOMSE8237662
MLSIDContact Us
Property Description
Surrounded By Residential + Commercial. Amazing Opportunity For End Users & For Investors- Can Be Used As Residential And Commercial!!This Solid & Bright Raised Bungalow Comes With Lots Of Pkg In Bkyd, Potential For Land Development. Great Rental Income Potential From 2 Apartment Units In The Basement In Addition To The 2 Br Unit On The Main Level. Close To Eglinton Subway & All Amenties.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow-Raised
Lot Size
38' x 130'
Fronting
West
Taxes
$3,084 (2023)
Basement
Apartment, Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Scarborough Market Statistics
Scarborough Price Trend
808 Midland Ave is a 2-bedroom 3-bathroom home listed for sale at $799,000, which is $322,508 (28.8%) lower than the average sold price of $1,121,508 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom home in Scarborough increased by $2,925 (0.3%) compared to the previous 30 day period (March 15 - April 13) and down $196,158 (14.9%) from the same time one year ago.Inventory Change
There were 271 2-bedroom homes listed in Scarborough over the last 30 days (April 14 - May 13), which is up 93.6% compared with the previous 30 day period (March 15 - April 13) and up 47.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $87,046 (7.8%) above asking price over the last 30 days (April 14 - May 13), which represents a $4,883 increase compared to the previous 30 day period (March 15 - April 13) and $84,317 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 2-bedroom homes in Scarborough over the last 30 days (April 14 - May 13) stood at 46.9%, down from 82.9% over the previous 30 days (March 15 - April 13) and down from 71.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Scarborough stood at 10 days when successfully sold over the last 30 days (April 14 - May 13), compared to 38 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Percy Fulton Ltd.
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