8B Lamont Ave
Agincourt South-Malvern West, Scarborough, M1S 1A9
FOR SALE
$1,275,000
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Property Description
This exceptional land is already severed into two parcels, offering incredible potential for investors and buliders alike. Maximize your investment with the possibility for LAND ASSEMBLY with neighboring property, creating and even larger development opportunity.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2018-09-30 | 2019-02-28 | 151 | $739,000 | - | Expired |
Extras
Review Sch B
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
40' x 148'
Fronting
West
Taxes
$2,515 (2023)
Basement
None
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
Attached
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Scarborough Market Statistics
Scarborough Price Trend
8B Lamont Ave is a 0-bedroom 0-bathroom home listed for sale at $1,275,000, which is $682,417 (115.2%) higher than the average sold price of $592,583 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 0 bedroom home in Scarborough increased by $83,633 (16.4%) compared to the previous 30 day period (November 19 - December 18) and down $817,467 (58.0%) from the same time one year ago.Inventory Change
There were 1 0-bedroom homes listed in Scarborough over the last 30 days (December 19 - January 17), which is down 75.0% compared with the previous 30 day period (November 19 - December 18) and down 75.0% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom homes in Scarborough typically sold $7,833 (1.3%) above asking price over the last 30 days (December 19 - January 17), which represents a $19,633 increase compared to the previous 30 day period (November 19 - December 18) 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 19 - January 17) stood at 600.0%, up from 100.0% over the previous 30 days (November 19 - December 18) and up from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 0-bathroom home in Scarborough stood at 12 days when successfully sold over the last 30 days (December 19 - January 17), compared to 122 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Associates Realty
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