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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 This property currently features an outdated structure, offering a blank canvas for your construction or renovation ambitions.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 (10)
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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 $341,187 (27.1%) higher than the average sold price of $1,258,813 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 4 bedroom home in Pickering declined by $34,674 (2.7%) compared to the previous 30 day period (September 22 - October 21) and up $9,598 (0.8%) from the same time one year ago.Inventory Change
There were 64 4-bedroom homes listed in Pickering over the last 30 days (October 22 - November 20), which is down 16.9% compared with the previous 30 day period (September 22 - October 21) and up 33.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Pickering typically sold ($8,006) (0.6%) below asking price over the last 30 days (October 22 - November 20), which represents a $15,039 increase compared to the previous 30 day period (September 22 - October 21) and ($15,327) 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 (October 22 - November 20) stood at 70.3%, up from 59.7% over the previous 30 days (September 22 - October 21) and up from 50.0% 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 20 days when successfully sold over the last 30 days (October 22 - November 20), compared to 42 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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