90 Merkley Sq

FOR SALE
$1,499,950
90 Merkley Sq, Scarborough
90 Merkley Sq
90 Merkley Sq
90 Merkley Sq
90 Merkley Sq
90 Merkley Sq
90 Merkley Sq
90 Merkley Sq
90 Merkley Sq
90 Merkley Sq
90 Merkley Sq
90 Merkley Sq
90 Merkley Sq
90 Merkley Sq
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90 Merkley Sq
90 Merkley Sq
90 Merkley Sq
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90 Merkley Sq
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6 + 2
BEDROOMS
4
BATHROOMS
2 + 1
KITCHENS
10 + 4
ROOMS
E9234728
MLSID
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Property Description
Excellent Income Property Opportunity! Live and/or Rent This Unique Detached Home with the Comfort of 3 Spacious Units Each with their Own Private Entrance. 3 Bdrm Units on main and Second Floor, 2 Bdrm Basement Apartment each providing immediate comfort and convenience. Laminate Flooring Through-Out, Lots of Windows and Natural Lighting. This Home is Suited for investors eyeing rental income or families seeking shared yet independent spaces. Nestled in a tranquil neighborhood, conveniently located short proximity to essential services like schools, hospitals, and recreational spaces such as parks. Close to TTC and Scarborough Campus.,
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-22 2024-07-31 160 $1,499,999 - Expired
2023-08-22 2023-12-16 116 $1,999,999 - Expired
Extras
3 Existing Fridges (As Is Condition), 3 Existing Stoves (As Is Condition), Front Load Washer and Dryer in Basement, Washer and Dryer in Upper Unit (As Is Condition), All Existing Light Fixtures, Shed In Backyard, A/C Unit, Roof (2022)
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
43' x 111'
Acreage
< .50
Fronting
North
Taxes
$4,499 (2024)
Basement
Apartment, Sep Entrance
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain11.81' x 16.90'Bow Window, Combined W/Dining, Laminate
DiningMain10.70' x 10.50'Open Concept, Combined W/Living, Laminate
KitchenMain12.40' x 12.20', Ceramic Floor
Prim BdrmMain10.20' x 13.12'His/Hers Closets, Window, Laminate
2nd BrMain13.71' x 8.79'Closet, Window, Laminate
3rd BrMain9.28' x 10.50'Closet, Window, Laminate
Living2nd10.50' x 15.49'Bow Window, Combined W/Dining, Laminate
Dining2nd10.01' x 12.60'Window, Combined W/Living, Laminate
Prim Bdrm2nd12.30' x 15.09'Window, Closet, Laminate
2nd Br2nd10.10' x 10.40'Window, Closet, Laminate
3rd Br2nd10.40' x 11.71'Window, Closet, Laminate
Scarborough Market Statistics
Scarborough Price Trend
90 Merkley Sq is a 6-bedroom 4-bathroom home listed for sale at $1,499,950, which is $1,466,050 (49.4%) lower than the average sold price of $2,966,000 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 6 bedroom home in Scarborough declined by $772,454 (20.7%) compared to the previous 30 day period (October 18 - November 16) and up $1,034,750 (53.6%) from the same time one year ago.
Inventory Change
There were 12 6-bedroom homes listed in Scarborough over the last 30 days (November 17 - December 16), which is down 53.8% compared with the previous 30 day period (October 18 - November 16) and down 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
6-bedroom homes in Scarborough typically sold ($10,142) (0.3%) below asking price over the last 30 days (November 17 - December 16), which represents a $126,557 increase compared to the previous 30 day period (October 18 - November 16) and $30,025 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 6-bedroom homes in Scarborough over the last 30 days (November 17 - December 16) stood at 58.3%, up from 42.3% over the previous 30 days (October 18 - November 16) and up from 33.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 4-bathroom home in Scarborough stood at 36 days when successfully sold over the last 30 days (November 17 - December 16), compared to 72 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty
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