16 Chad Cres
Malvern, Scarborough, M1B 2Z6
FOR SALE
$999,999
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3 + 1
BEDROOMS3
BATHROOMS1 + 1
KITCHENS7 + 1
ROOMSE8227372
MLSIDContact Us
Property Description
Welcome to a stunning, impeccably kept detached boasting 3+1 bedrooms and a fully finished basement with its private entrance, ready for you to move right in. This delightful home offers a family room and powder room on the main floor, along with three bedrooms on the second level. Below, the finished basement includes a luxurious full 3-piece bath. Outside, revel in the ample space of the backyard. Conveniently located near schools, shopping centers, transit options, and highways, this home harmonizes suburban serenity with urban accessibility.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-10 | 2024-04-11 | 32 | $1,100,000 | - | Terminated |
| 2022-06-07 | 2022-06-20 | 13 | $849,000 | $909,000 | Sold |
Nearby Intersections
Morningside & Finch (39)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
20' x 110'
Fronting
West
Taxes
$3,165 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Scarborough Market Statistics
Scarborough Price Trend
16 Chad Cres is a 3-bedroom 3-bathroom home listed for sale at $999,999, which is $384,044 (27.7%) lower than the average sold price of $1,384,043 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $29,673 (2.2%) compared to the previous 30 day period (February 29 - March 29) and down $14,738 (1.1%) from the same time one year ago.Inventory Change
There were 971 3-bedroom homes listed in Scarborough over the last 30 days (March 30 - April 28), which is up 18.1% compared with the previous 30 day period (February 29 - March 29) and up 24.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $72,466 (5.2%) above asking price over the last 30 days (March 30 - April 28), which represents a $12,064 decrease compared to the previous 30 day period (February 29 - March 29) and $78,895 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 (March 30 - April 28) stood at 62.9%, down from 70.1% over the previous 30 days (February 29 - March 29) and down from 73.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Scarborough stood at 12 days when successfully sold over the last 30 days (March 30 - April 28), compared to 34 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Property Zone Realty Inc.
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