
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Property Description
Presenting a prime development opportunity in the prestigious area of Pickering. This property currently features an outdated structure, offering a blank canvas for your construction or renovation ambitions.
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Nearby Intersections
Whites & Strouds (6)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
75' x 150'
Fronting
West
Taxes
$7,436 (2023)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
Attached
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Pickering Market Statistics
Pickering Price Trend
1867 Spruce Hill Rd is a 4-bedroom 2-bathroom home listed for sale at $1,600,000, which is $359,792 (29.0%) higher than the average sold price of $1,240,208 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Pickering declined by $156,325 (11.2%) compared to the previous 30 day period (December 22 - January 20) and down $78,958 (6.0%) from the same time one year ago.Inventory Change
There were 54 4-bedroom homes listed in Pickering over the last 30 days (January 21 - February 19), which is up 145.5% compared with the previous 30 day period (December 22 - January 20) and up 107.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Pickering typically sold $11,483 (0.9%) above asking price over the last 30 days (January 21 - February 19), which represents a $45,743 increase compared to the previous 30 day period (December 22 - January 20) and ($26,199) 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 4-bedroom homes in Pickering over the last 30 days (January 21 - February 19) stood at 22.2%, down from 68.2% over the previous 30 days (December 22 - January 20) and down from 57.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Pickering stood at 10 days when successfully sold over the last 30 days (January 21 - February 19), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Leading Edge Realty Inc.
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