12 Cliffcrest Dr
Cliffcrest, Scarborough, M1M 2K2
FOR SALE
$1,289,900
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5 + 1
ROOMSE11892790
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Property Description
This rare gem offers the chance to craft the home of your dreams on one of the most coveted streets in the heart of the Bluffs. With permits approved and plans ready for an ultra-modern, 4,400 sqft custom masterpiece, all the heavy lifting is already done - let's bring your vision to life! Tremendous Opportunity for Builders, Investors or Renovators. Located in the Perfect Location for Anyone That Wants a Property Close to the Water With Seasonal Lake Views From the Second Floor. Embrace Lake Side Living Atop the Scenic Scarborough Bluffs Walking Distance to Bluffers Park & Marina, Tennis Courts, and the Renowned Waterfront Trail. Great School District - Chine Drive P.s. & R.H. King Academy. Just 15 Minutes to the Beach & 25 Minutes to Downtown. All This is Yours While Embracing the Parks, Trails, and Natural Wildlife in the Area. You Will Not Find This Kind of Opportunity Anywhere Else in the City.
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Nearby Intersections
Midland & Kingston (76)
Property Features
Grnbelt/Conserv, Lake/Pond, Marina, Park, Ravine, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 130'
Fronting
North
Taxes
$4,978 (2024)
Basement
Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Scarborough Market Statistics
Scarborough Price Trend
12 Cliffcrest Dr is a 2-bedroom 2-bathroom home listed for sale at $1,289,900, which is $114,033 (9.7%) higher than the average sold price of $1,175,867 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 2 bedroom home in Scarborough increased by $46,565 (4.1%) compared to the previous 30 day period (October 18 - November 16) and up $177,305 (17.8%) from the same time one year ago.Inventory Change
There were 88 2-bedroom homes listed in Scarborough over the last 30 days (November 17 - December 16), which is down 44.3% compared with the previous 30 day period (October 18 - November 16) and up 25.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold ($3,080) (0.3%) below asking price over the last 30 days (November 17 - December 16), which represents a $2,560 decrease compared to the previous 30 day period (October 18 - November 16) and ($11,173) 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 2-bedroom homes in Scarborough over the last 30 days (November 17 - December 16) stood at 84.1%, up from 77.8% over the previous 30 days (October 18 - November 16) and down from 132.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Scarborough stood at 51 days when successfully sold over the last 30 days (November 17 - December 16), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Royal Properties Realty
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