16 Paloma Pl

FOR SALE
$1,299,000
16 Paloma Pl, Scarborough
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
16 Paloma Pl
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3 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
9
ROOMS
E9346760
MLSID
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Property Description
Discover this lovely bungalow located in a peaceful court location on a pie shaped lot. The main home features 3 spacious bedrooms and a cozy living area. Plus, enjoy the added benefit of a fully-equipped 2-bedroom in-law suite with its own private entrance and kitchen perfect for extended family or additional rental income. Each floor has its own laundry, House has been repainted in the last 2 months, Quartz Counter tops in bathrooms, Don't miss out on this versatile and inviting property! See Virtual Tour & Floor Plans
Extras
2 Fridges, 2 Stoves, B/I Dw, 2 B/I Micro, 2 Hood Fan, 2 Washers, 2 Dryers, All Light Fixtures, Window Coverings, Shed in Backyard
Nearby Intersections
Property Features
Hospital, Library, Park, Public Transit, School
Property Details
Street
Community
Property Type
Detached, Bungalow
Lot Size
40' x 96'
Lot Irregularities
Rear = 80Ft - Irregular as per Geo
Fronting
East
Taxes
$4,034 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingGround10.37' x 16.40'Hardwood Floor, Picture Window, Moulded Ceiling
DiningGround9.15' x 9.84'Hardwood Floor, Moulded Ceiling
KitchenGround9.38' x 15.75'Eat-In Kitchen, Granite Floor, Window
Prim BdrmGround10.76' x 12.96'Hardwood Floor, Closet, Window
2nd BrGround10.70' x 11.98'Hardwood Floor
3rd BrGround9.51' x 10.60'Hardwood Floor, Closet, Window
KitchenBsmt8.83' x 13.09'Eat-In Kitchen
RecBsmt25.26' x 22.15'Laminate
BrBsmt10.89' x 13.12'Laminate
BrBsmt13.22' x 13.06'Closet
Scarborough Market Statistics
Scarborough Price Trend
16 Paloma Pl is a 3-bedroom 2-bathroom home listed for sale at $1,299,000, which is $21,941 (1.7%) higher than the average sold price of $1,277,059 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $11,079 (0.9%) compared to the previous 30 day period (July 20 - August 18) and down $55,861 (4.2%) from the same time one year ago.
Inventory Change
There were 935 3-bedroom homes listed in Scarborough over the last 30 days (August 19 - September 17), which is up 44.5% compared with the previous 30 day period (July 20 - August 18) and up 15.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $6,433 (0.5%) above asking price over the last 30 days (August 19 - September 17), which represents a $6,730 decrease compared to the previous 30 day period (July 20 - August 18) and $37,194 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 (August 19 - September 17) stood at 42.2%, down from 58.4% over the previous 30 days (July 20 - August 18) and down from 42.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Scarborough stood at 20 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Paul Zammit Real Estate Ltd.
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