itso/IMG-40661490_1.jpg
109 days on Market

39-45 Thora Ave, Scarborough, Ontario M1L 2P7

Detached
-
-
- sqft
$4,999,000
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Detached
-
-
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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$21,469/mo

Tax Amount (2024)$17,517/yr

Days On Market109 days


Description

Prime 0.484 acre development site in the heart of Danforth Village approved for 12 low-rise residential units comprising of 8 townhouses and 4 semi-detached homes. Zoning approval is in place and the seller received Notice of Approval of Conditions for the development. The property is located in an MTSA and is minutes to Victoria Park Station and Danforth GO Station providing unparalleled access throughout the City. Extremely well amenitized area with transit, grocery stores, libraries, shopping, parks and schools nearby. Potential assembly options exist to achieve up to 0.88 acres in total site area. Additional information provided with signed CA. Buyer to verify all due diligence, listing agents makes no reps and warranties on information provided.


Property Details

StyleLand
View-
Age of property-
SqFt-
Lot Size10,780 Ac(154 x 70)
Parking Spaces-
MLS ®Number40661490
Community NameClairlea-Oakridge
Data SourceITSO
Listing byBlair Blanchard Stapleton Ltd.

Features

Lot size: 10,780 Ac
Sewer (Municipal)

Property History

Oct 14, 2024
ListedActive
$4,999,000
109 days on market
history photo preview28
Listing by itso®
Property listed by Blair Blanchard Stapleton Ltd., Brokerage

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Market Data - Clairlea-Oakridge

Geo Zone Map ThumbnailClairlea-Oakridge

Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

19 days

Compared to

2024

48 days

2023

34 days

2022

17 days

New Listings

Past 30 days

30 listings

Compared to

2024

14 listings

2023

8 listings

2022

5 listings

Units sold

Past 30 days

5 units

Compared to

2024

11 units

2023

3 units

2022

10 units

Median Sold Price

Past 30 days

$910,000

Compared to

2024

$1,063,000

2023

$1,090,000

2022

$1,338,000


Population and Demographics

Overview

Total population 41868
Average household income $104,550

Age (%)

0 to 19
23%
35 to 49
21%
20 to 34
21%
50 to 64
21%
65 and plus
15%

Household composition (%)

Single family
63%
Single person
29%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
57%
Bengali
13%
Tagalog (Pilipino, Filipino)
5%
Others
4%
Urdu
3%
Yue (Cantonese)
3%
Amharic
2%
Mandarin
2%
Tamil
1%
Greek
1%

House tenancy (%)

Renters
50%
Owners
50%

Schools and amenities

Estimated Budget