2270 Meadowvale Rd
Rouge E11, Scarborough, M1X 1R3
FOR SALE
$3,950,000
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BEDROOMS4
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Property Description
Nestled On A Private 11.6 Acre Lot **Prime Location** Heart Of The Serene Rouge Valley With Private Riverfront Access And 988.67 Frontage Of Pristine Property For Sale. The Current Zoning for the property is "ON(x4)" . Permitted uses with Conditions include: Club, Educational Use, Entertainment Place of Assembly & Recreational Use. Minutes From 401, Ttc, Go Transit, Shopping And 25 Minutes From Downtown Toronto. Newly & Completely Renovated Home With Over 3300 Sqft Of Living Space And 3+2 Bedroom Bungalow With Spacious And Open Concept Main Floor. Overlooks Lush Gardens With In-Ground Pool.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-10 | 2024-05-05 | 25 | $3,950,000 | - | Terminated |
Extras
Survey, Zoning Information, All Existing Appliances, Light Fixtures, Security Cameras, Hot Tub, Pool Table, 2 Fridges, 2 Stoves, Dishwasher, 2 Washers, 2 Dryers, 2 New Furnaces & 2 New A/C Units.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
3000-3500
Acreage
10-24.99
Fronting
West
Taxes
$5,763 (2024)
Basement
Finished
Exterior
Brick, Wood
Heat Type
Forced Air
Heat Source
Propane
Air Conditioning
Central Air
Water
Well
Pool
Inground
Parking Spaces
10
Driveway
Private
Garage Type
Other
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 15.72' x 15.58' | |
| Family | Main | 23.00' x 26.25' | |
| Dining | Main | 16.40' x 14.30' | |
| Solarium | Main | 28.51' x 14.99' | |
| Media/Ent | Main | 25.20' x 28.61' | |
| Other | Main | 25.20' x 23.59' | |
| Prim Bdrm | Main | 25.79' x 15.72' | |
| 2nd Br | Lower | 15.58' x 10.79' | |
| 3rd Br | Lower | 15.58' x 10.89' | |
| Great Rm | Bsmt | 53.08' x 13.71' | |
| Br | Bsmt | 19.00' x 12.60' | |
| Br | Bsmt | 15.72' x 14.21' |
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Scarborough Market Statistics
Scarborough Price Trend
2270 Meadowvale Rd is a 5-bedroom 4-bathroom home listed for sale at $3,950,000, which is $804,178 (25.6%) higher than the average sold price of $3,145,822 in the last 30 days (August 14 - September 12). During the last 30 days the average sold price for a 5 bedroom home in Scarborough declined by $183,297 (5.5%) compared to the previous 30 day period (July 15 - August 13) and up $306,523 (10.8%) from the same time one year ago.Inventory Change
There were 154 5-bedroom homes listed in Scarborough over the last 30 days (August 14 - September 12), which is up 108.1% compared with the previous 30 day period (July 15 - August 13) and up 16.7% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Scarborough typically sold ($170,312) (5.4%) below asking price over the last 30 days (August 14 - September 12), which represents a $33,802 decrease compared to the previous 30 day period (July 15 - August 13) and $6,253 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 5-bedroom homes in Scarborough over the last 30 days (August 14 - September 12) stood at 26.0%, down from 44.6% over the previous 30 days (July 15 - August 13) and down from 28.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 4-bathroom home in Scarborough stood at 29 days when successfully sold over the last 30 days (August 14 - September 12), compared to 75 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Ace Realty Inc.
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