502 Scarborough Rd, Toronto - Double Garages Detached Home

502 Scarborough Rd

LocationEast End-Danforth, Toronto, M4E 3N2
$1.499M For Sale
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Description

Discover a truly unique 2-storey home offering over 3100.sg ft. of living space, plus a fully finished basement with full ceiling height. Do not be fooled by the 1 bedroom - this is a large home with a thoughtfully designed 2-storey addition, completed approximately 20 years ago! Transform this home into a bright, spacious and incredibly versatile property. Beautiful newly large front constructed porch! The open-concept main floor is filled with natural light and offers plenty of room to live, work and entertain. The home was designed with a future elevator configuration, adding exciting potential for accessibility and long-term flexibility.Upstairs, the generous layout offers the possibility of enclosing an existing space to create a second bedroom, allowing the home to evolve with your needs.Outside, enjoy a 33' x 106' lot, private driveway and parking for 2 - 3 cars - a rare luxury in the city.And the location? Just a 12-minute walk to Main GO Station, putting you only 13 minutes from Union Station by GO train. Easy access to transit, shops, parks and everything the east end has to offer. Unique. Spacious. Flexible. Connected. A home with possibilities. 4 Fireplaces- are "as-is". Perfect home for artists/ art enthusiasts- perfect home to hang large artwork throughout! Possibility to make second bedroom upstairs by enclosing area on 2nd floor.

Features

  • House Facing
    Facing: West
  • Bedrooms
    Bedrooms: 1
  • Bathrooms
    Bathrooms: 3
  • Garages
    Garages: 2
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 33.00 x 107.00 Feet
  • Lot Depth
    Space: 1500-2000
  • Tax Amount
    Tax: $ 8478.79
  • MLS
    E13855690
  • Listing contracted with: Johnston & Daniel
Room Size(M) Description
Living Rm5.93x4.26

Hardwood Floor, Combined w/Dining

Kitchen3.25x3.01

Dining Rm3.47x3.18

Family Rm8.07x4.16

Hardwood Floor, Fireplace

Bath2.08x1.50

Primary B5.81x4.71

Hardwood Floor, Vaulted Ceiling(s)

Sitting5.35x3.48

Vaulted Ceiling(s), Hardwood Floor

Bath2.94x2.14

Dining Rm5.16x4.80

Kitchen3.32x2.62

Br3.62x2.50

Recreatio8.07x4.12

Sliding Doors, Fireplace



Bathroom Pieces Level
1xBath3 pcs

Main

1xBath3 pcs

Second

1xBath4 pcs

Lower



Property Summary

Located close to the intersection of Victoria Park Ave and Gerrard St , 502 Scarborough Rd is a 1+1 bedrooms 3 washrooms Detached. The unit has a Double None Parking Spaces. The property has many nice features including Carpet Free. Living Room Rm, Kitchen, Dinning Room Rm, Family Room Rm and Bath are on the Main floor; Dinning Room Rm, Kitchen, Br and Recreation Roomreatio are on the Lower floor.

Home Market Analysis

For Sale

For Lease

Comparable home values have remained relatively stable compared with the same period last year.

Rent levels have decreased 39.5% compared with the same period last year.

Recent Comparable Value Range
$1,290,000 – $1,710,000
Recent 6-Month Rent Range
$2,400 – $4,900/month

How This Home Compares

Market Temperature
Seller's Market
Strong SellerSellerBalancedBuyerStrong Buyer
Inventory conditions currently favour sellers of similar homes.
Typical Selling Time
6 Days
Similar homes are selling in about 6 days, faster than the same period last year.
Price Position
In Line
The asking price is broadly in line with the estimated value of comparable homes.

Local Area Profile

This property is located in a predominantly owner-occupied residential area with a mix of detached homes and apartments and condominiums. Approximately 64% of residents hold a bachelor's degree or higher, while about 16% have a college credential. Residents use a combination of driving and public transit for commuting.



Commute Information

Toronto Subway Victoria Park Subway Station (1km)
GTA Go Train Danforth Go Train Station (0.9km)

Location





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