14 Cavehill Cres

FOR SALE
$988,000
14 Cavehill Cres, Scarborough
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
14 Cavehill Cres
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3 + 2
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
6 + 3
ROOMS
E8488080
MLSID
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Property Description
This Immaculate renovated bungalow is located in a safe and quiet neighborhood with backyard walk-out into the Terraview Park/Taylor-Massey Crk. Perfectly positioned near highways 401 and 404, easy access to shopping, transit, Fairview Mall, Parkway Mall, and is just 2 minutes from a bus stop to Victoria Park station. Additionally, it is close to schools and colleges. Whole house is newly painted. LED Pot lights through out. Hardwood floor on main floor. Keyless entry locks to all interior and exterior doors. Bay windows in living room and kitchen. Separate entrance to finished basement suite with 2 bdrm, 2 bthr and kitchen. Ready for generating a basement suite rental income. Main floor walk out to backyard cedar deck. Large garden shed. Beautifully landscaped front and back yard. Cold storage room in basement. Listing Agent and Seller does not warrant legal retrofit status of the basement suite.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-20 2024-06-26 6 $1,328,000 - Terminated
2024-01-18 2024-03-10 52 $2,650 - Terminated
2022-10-27 2022-11-16 20 $1,149,000 $1,075,000 Sold
Extras
2 stoves, 2 fridges, 1 dishwasher, 1 washer, 1 dryer. AC 1 yo; roof 2018; driveway 3 yo; furnace motor 2 yo.
Nearby Intersections
Property Features
Lake/Pond, Public Transit
Property Details
Property Type
Detached, Bungalow
Approximate Sq.Ft.
1100-1500
Lot Size
53' x 98'
Acreage
< .50
Fronting
West
Taxes
$4,231 (2023)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain10.10' x 21.10'Combined W/Dining, Hardwood Floor, Pot Lights
KitchenMain9.09' x 12.70'B/I Dishwasher, Pot Lights, Breakfast Area
BrMain8.01' x 10.10'Closet, Hardwood Floor
2nd BrMain9.91' x 10.10'Closet, Hardwood Floor
3rd BrMain9.19' x 9.61'Closet, Hardwood Floor, W/O To Deck
BathroomMain5.68' x 6.33'4 Pc Bath
2nd BrMain2.92' x 3.67'2 Pc Bath, 3 Pc Ensuite, Pot Lights
2nd BrBsmt10.01' x 11.71'Closet, Pot Lights
BathroomBsmt4.99' x 7.32'3 Pc Ensuite
BathroomBsmt6.43' x 5.18'3 Pc Bath
KitchenBsmt9.12' x 18.11'Pot Lights, Pot Lights, Eat-In Kitchen
Scarborough Market Statistics
Scarborough Price Trend
14 Cavehill Cres is a 3-bedroom 4-bathroom home listed for sale at $988,000, which is $342,181 (25.7%) lower than the average sold price of $1,330,181 in the last 30 days (June 6 - July 5). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $71,767 (5.1%) compared to the previous 30 day period (May 7 - June 5) and down $38,747 (2.8%) from the same time one year ago.
Inventory Change
There were 1,209 3-bedroom homes listed in Scarborough over the last 30 days (June 6 - July 5), which is up 6.0% compared with the previous 30 day period (May 7 - June 5) and up 18.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $25,699 (1.9%) above asking price over the last 30 days (June 6 - July 5), which represents a $38,850 decrease compared to the previous 30 day period (May 7 - June 5) and $83,574 less 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 3-bedroom homes in Scarborough over the last 30 days (June 6 - July 5) stood at 48.8%, down from 56.6% over the previous 30 days (May 7 - June 5) and down from 85.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Scarborough stood at 13 days when successfully sold over the last 30 days (June 6 - July 5), compared to 34 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Landmark Realty Inc.
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