1867 Spruce Hill Rd

FOR SALE
$1,600,000
1867 Spruce Hill Rd, Pickering
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
E8429858
MLSID
Contact Us
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 This property currently features an outdated structure, offering a blank canvas for your construction or renovation ambitions.
Nearby Intersections
Property Details
Community
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
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 $267,905 (20.1%) higher than the average sold price of $1,332,095 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 4 bedroom home in Pickering increased by $55,123 (4.3%) compared to the previous 30 day period (November 18 - December 17) and up $105,017 (8.6%) from the same time one year ago.
Inventory Change
There were 18 4-bedroom homes listed in Pickering over the last 30 days (December 18 - January 16), which is down 58.1% compared with the previous 30 day period (November 18 - December 17) and down 10.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Pickering typically sold ($32,590) (2.4%) below asking price over the last 30 days (December 18 - January 16), which represents a $24,985 decrease compared to the previous 30 day period (November 18 - December 17) and ($46,478) 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 (December 18 - January 16) stood at 116.7%, up from 86.0% over the previous 30 days (November 18 - December 17) and up from 95.0% 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 51 days when successfully sold over the last 30 days (December 18 - January 16), compared to 63 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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