2 Newport Ave

FOR SALE
$1,399,000
2 Newport Ave, Scarborough
2 Newport Ave
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4 + 2
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
9
ROOMS
E10416564
MLSID
Contact Us
Property Description
Welcome To A Gorgious Classic Custom Home at a Corner Lot in a Great Location. The Living Is Easy In This Beautiful & Generousy Proportioned Family Home Boasts 4+2 Bed 4 Bath Having Large Living , Chef kitchen And Perfect Size Family Room. Top To Bottom Renoveted With Shiny Tiles Flooring And Stunning Spacious Main and 2nd Floor Lay Out. As Per City's Climate Control Programme Newly Installed Efficient Owned Tank Less Hot Water Tank And Electric Heat Pump For Heat & Cool With New Furnace. Especiality Of This House Is Exterior Bricks Design And Colour Looks Always Fresh And New. Another Especiality Is 4 Parking Is Very Rear In Front Of The House In This Family Friendly Area Means 1 In Built Garage Plus 3 Driveway Parking. Finally, Once You Buy This House, Don't Need To Buy Further. Very Close To The Subway Train Station, TTC, Many Schools, Tennis Court, Playground, Community Centre With Gym, Sauna, Plaza, Mosque, Doctors, Restaurent, Grocery And Many More.
Extras
Newly Installed Efficient Tank Less Hot Water Tank And Electric Heat Pump For Heat & Cool With New Furnace. All Are Owned.
Nearby Intersections
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
26' x 110'
Fronting
South
Taxes
$4,828 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain11.42' x 25.00'Vinyl Floor, Bay Window, Combined W/Dining
KitchenMain11.42' x 17.98'Tile Floor, Granite Counter, B/I Dishwasher
FamilyMain11.81' x 17.98'Vinyl Floor, Fireplace
Prim Bdrm2nd11.81' x 14.99'Hardwood Floor, 4 Pc Ensuite, Closet
2nd Br2nd10.50' x 10.99'Hardwood Floor, Closet
3rd Br2nd8.99' x 19.00'Hardwood Floor, Closet
4th Br2nd8.50' x 13.98'Closet, Hardwood Floor
5th BrBsmt11.42' x 11.81'Vinyl Floor
BrBsmt8.50' x 11.42'Vinyl Floor
Scarborough Market Statistics
Scarborough Price Trend
2 Newport Ave is a 4-bedroom 4-bathroom home listed for sale at $1,399,000, which is $511,083 (26.8%) lower than the average sold price of $1,910,083 in the last 30 days (October 17 - November 15). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $91,446 (4.6%) compared to the previous 30 day period (September 17 - October 16) and down $118,180 (5.8%) from the same time one year ago.
Inventory Change
There were 447 4-bedroom homes listed in Scarborough over the last 30 days (October 17 - November 15), which is down 40.3% compared with the previous 30 day period (September 17 - October 16) and down 15.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($39,092) (2.0%) below asking price over the last 30 days (October 17 - November 15), which represents a $18,842 decrease compared to the previous 30 day period (September 17 - October 16) and ($49,818) 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 4-bedroom homes in Scarborough over the last 30 days (October 17 - November 15) stood at 66.2%, up from 40.1% over the previous 30 days (September 17 - October 16) and up from 45.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Scarborough stood at 22 days when successfully sold over the last 30 days (October 17 - November 15), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Realty 21 Inc.
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