188 Confederation Dr

FOR SALE
$949,800
188 Confederation Dr, Scarborough
188 Confederation Dr
188 Confederation Dr
188 Confederation Dr
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188 Confederation Dr
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3 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 2
ROOMS
E9400309
MLSID
Contact Us
Property Description
Investment opportunity " for first time buyer to live and get rent from the basement with sep entrance.** Solid brick *Detached bungalow Nestled In The Cedar Ridge Area On The Prestigious Confederation Drive. 3+1 beds, 2 Washrooms, 2 kitchens, Separate (side ) entrance to the basement with rental option. "Ready to move in or a good option for investment.Currents tenants (Only main floor) pays, $2700 + 60% of utilities* may pay up to $3k+ utilites )Main floor Tenants are willing to stay or leave with one month notice. Basement is vacant, having 1 bed, living room, kitchen* has a lot of potential for 2 appts* Vacant position is possible with 45-60 days notice. Large size lot* 46.94 x 113.7 Ft. Close to Schools, Parks, places of warships & amenities with lot of mature trees on Street.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-06-09 2023-08-06 58 $1,119,000 - Suspended
Extras
All existing appliances, 2 Fridges, 2 Stoves , Washer, Dryer, Elf
Property Features
Fenced Yard, Golf, Place Of Worship, Wooded/Treed
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
47' x 114'
Fronting
North
Taxes
$3,526 (2024)
Basement
Part Fin, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain14.50' x 14.99'Combined W/Dining, Closet
DiningMain8.79' x 9.58'Combined W/Living
KitchenMain7.97' x 9.58'Tile Floor
Prim BdrmMain8.99' x 11.88'Closet, Window
BrMain7.97' x 10.04'Closet, Window
BrMain9.68' x 12.50'Closet
Scarborough Market Statistics
Scarborough Price Trend
188 Confederation Dr is a 3-bedroom 2-bathroom home listed for sale at $949,800, which is $364,508 (27.7%) lower than the average sold price of $1,314,308 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $27,142 (2.0%) compared to the previous 30 day period (September 1 - September 30) and up $14 (0.0%) from the same time one year ago.
Inventory Change
There were 994 3-bedroom homes listed in Scarborough over the last 30 days (October 1 - October 30), which is down 17.5% compared with the previous 30 day period (September 1 - September 30) and up 9.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $3,662 (0.3%) above asking price over the last 30 days (October 1 - October 30), which represents a $10,693 decrease compared to the previous 30 day period (September 1 - September 30) and $6,501 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 (October 1 - October 30) stood at 63.2%, up from 38.6% over the previous 30 days (September 1 - September 30) and up from 53.1% 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 (October 1 - October 30), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Bay Street Group Inc.
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