20 Payzac Ave

FOR SALE
$1,498,000
20 Payzac Ave, Scarborough
20 Payzac Ave
20 Payzac Ave
20 Payzac Ave
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20 Payzac Ave
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20 Payzac Ave
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3 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
9 + 4
ROOMS
E9507546
MLSID
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Property Description
Attention savvy homeowners & astute developer/investors. Expansive 50x300 lot offers an inviting already remodeled family home, with the space and opportunity to build a garden suite (feasibility report available). Fully operational 20x30 greenhouse at the rear of the oversized yard. Over 200ft of outdoor living space to enjoy. Property is fully fenced for ultimate privacy and completely accessible through your powered drive-thru 2 car garage. Perfect for storing work trucks, Rvs, or equipment. A large 2 tier deck brings together outdoor living into your luxe chef's kitchen. Maple cabinets, custom brass hardware, Waterstone faucet, quartz countertops, induction stovetop, built-in double ovens and a full-sized fridge, to start. Combined living and dining area completes the first floor. Upstairs is the sleeping quarters, where you'll find 3 spacious bedrooms all outfitted with custom built in closets, hardwood floors, and large windows. The primary comes with a new ensuite and walk-in closet to complete the private space. The basement, with separate entrance, has 2 more rooms that could be used as bedrooms, an office, or extra living space, as well as a full laundry and utility room with even more storage. This could easily be converted into a wet bar or 2nd kitchen.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-01 2024-09-30 60 $1,650,000 - Expired
2024-07-09 2024-08-21 43 $6,000 - Terminated
2024-06-20 2024-07-31 41 $1,775,000 - Terminated
2024-06-07 2024-06-19 12 $1,799,900 - Terminated
Extras
Updated home, including, Roof, Windows, Doors, Plumbing, Electrical, Insulation, HVAC & ducts, Security system. AMP upgrade & Powered shop, deck, fence, garden boxes. Drive-thru Double Garage w/ power & rafter storage. New primary ensuite.
Property Features
Beach, Fenced Yard, Golf, Lake Access, Marina, Public Transit
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
50' x 299'
Lot Irregularities
298.97 ft x 50.67ft x 299.88ft x 50.03ft
Fronting
East
Taxes
$3,491 (2024)
Basement
Finished, Sep Entrance
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Available
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingGround12.14' x 14.44'Hardwood Floor, Crown Moulding, Combined W/Dining
Prim Bdrm2nd12.80' x 10.83'B/I Closet, Large Window, Combined W/Living
2nd Br2nd8.20' x 6.56'B/I Closet, Large Window, Hardwood Floor
3rd Br2nd9.84' x 8.86'B/I Closet, Quartz Counter, W/O To Deck
Bathroom2nd13.12' x 6.56'Large Window, B/I Closet, Ensuite Bath
BathroomGround2.62' x 5.91'2 Pc Bath, Porcelain Floor, Pedestal Sink
DiningGround14.76' x 11.48'Crown Moulding, Combined W/Living, Large Window
KitchenGround12.14' x 14.44'Double Sink, Walk-Out, Renovated
4th BrBsmt14.11' x 11.81'B/I Closet, Window, Tile Floor
5th BrBsmt10.50' x 7.22'Large Window, B/I Closet, Pot Lights
Bathroom2nd10.17' x 5.58'Large Window, Pot Lights, Tile Floor
LaundryBsmt14.11' x 5.91'Laminate, Laundry Sink, Window
Scarborough Market Statistics
Scarborough Price Trend
20 Payzac Ave is a 3-bedroom 3-bathroom home listed for sale at $1,498,000, which is $183,692 (14.0%) higher 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 3-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 Keller Williams Referred Urban Realty
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