$2,900,000
For sale: Detached

Attention INVESTOR & OWNER** Great Investment Income Generating Opportunity to own this Large Home of approx 5000.sq.ft. +/- in a high-demand area of Scarborough.An exceptional opportunity to purchase a brand new, custom-built home with 7 Bedrooms, 3 Full Kitchens and 7 washrooms, finished legal basement with separate entrance and a 2 Br Garden Suite. The Basement Area & Garden Home Offers Significant Potential For Creating Additional Income Or Custom-Designed Family Living Spaces. This Spacious Property Features 4 Generously Sized Bedrooms all with attached bathrooms, a spacious office/Study room, large Kitchen And a Eating Areas, Living & Dining Rooms, Family Room Providing ample room For Family And Guests.10 ft ceiling on the main floor and 9 ft on 2nd and basement.This offering allows a buyer to acquire the property as a fully designed and approved newbuild, with all architectural plans, engineering, and approvals already completed, and a reputable builder is prepared to deliver the home. Personalize your interior selections,including kitchen cabinets, wall units, countertops, and paint colours. Full drawings,specifications, and build details available. Easy access to all amenities, shopping, schools,Public Transit, Mature Neighborhood, close to Plaza, Malls, Schools, parks, and Hospitals.LEGAL BASEMENT APARTMENT & GARDEN SUITE- INCOME FROM DAY ONE- Registered two+One unit dwelling, featuring 1+Den bedroom basement apartment & 2 Bedroom Garden suite with separate entrance and separate laundries.
Sold data
Detached homes in Toronto (Milliken) took a median of 19 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 39, across 1,852 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 39 days.
The median sale price was $1,199,000.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 24% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
Based on 1,852 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Milliken) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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