244 Lumsden Ave

FOR SALE
$2,499,000
244 Lumsden Ave, Scarborough
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
244 Lumsden Ave
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5 + 1
BEDROOMS
5
BATHROOMS
1 + 1
KITCHENS
14
ROOMS
E9008543
MLSID
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Property Description
Enjoy living in positive vibes of this Once-in-a-Lifetime RARE & SPECTACULAR Designer-Inspired masterpiece unparalleled luxury and modern elegance. Stunning Custom build approx. 3,600 sf. Of living space. Meticulously built for owners own family, boasting elegant finishes catering to the most discriminating tastes. Finished Basement includes bathroom, kitchen and laundry. This versatile space is perfect for multi-generational living or possible rental income. Added Architectural Details16 Soaring foyer,9 ceilings on all main levels, contemporary glass stair railings, Gourmet, Luxurious & spacious open concept chef kitchen with breakfast & lounge area features stunning waterfall quartz island & Professional appliance package ,coffee station, fireplace and double sliders opening to deck, seamlessly blending indoor and outdoor living. central vac, wide-plank, red oak flooring graces all main living areas. Five generously sized bedrooms and five exquisite bathroom, Primary bedroom offers luxury hotel suite feel, lavish ensuite bath, walk-in closet. Enjoy the sound of distributed audio and integrated speakers, various smart and security tech elements, 4K camera security system, prewired Ev charger. Amplenatural light through 3 huge skylights. 9' wooden main entrance door whith smart door lock for comfort, security and efficiency. Prime family friendly neighbourhood steps from all that Danforth Village has to offer. Walk to public transit, restaurants, cafes, shops, parks and a variety of public and private schools. Just move in and enjoy.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-03-23 2021-06-08 77 $2,249 $2,249 Leased
2020-12-05 2021-01-19 45 $899,800 $857,000 Sold
2020-12-05 2021-01-19 45 $899,800 $857,000 Sold
Nearby Intersections
Property Features
Library, Park, Public Transit, School, Sloping
Property Details
Property Type
Detached, Backsplit 3
Approximate Sq.Ft.
3000-3500
Lot Size
25' x 100'
Fronting
North
Taxes
$6,674 (2024)
Basement
Finished, Sep Entrance
Exterior
Metal/Side, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
KitchenGround10.99' x 18.50'Modern Kitchen, Centre Island, Stainless Steel Appl
FamilyGround12.07' x 18.50'Hardwood Floor, Electric Fireplace, O/Looks Backyard
LivingMain11.32' x 18.83'Above Grade Window, Window Flr to Ceil, Electric Fireplace
DiningMain11.32' x 18.83'Combined W/Living, Dry Bar, Built-In Speakers
Prim Bdrm2nd11.84' x 19.09'6 Pc Ensuite, O/Looks Backyard, Electric Fireplace
2nd Br3rd11.84' x 13.68'Window Flr to Ceil, 3 Pc Ensuite, W/W Closet
Office3rd6.40' x 11.52'B/I Bookcase, Overlook Patio, Hardwood Floor
3rd Br3rd9.35' x 14.99'Window Flr to Ceil, Hardwood Floor, Closet
4th Br3rd9.35' x 14.99'Window Flr to Ceil, Closet, Hardwood Floor
KitchenBsmt12.96' x 9.68'Bar Sink, Finished, Large Window
LivingBsmt12.96' x 17.72'Heated Floor, Walk-Up, Led Lighting
BrBsmt9.68' x 10.99'Large Window, Large Closet, Heated Floor
Scarborough Market Statistics
Scarborough Price Trend
244 Lumsden Ave is a 5-bedroom 5-bathroom home listed for sale at $2,499,000, which is $113,902 (4.4%) lower than the average sold price of $2,612,902 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 5 bedroom home in Scarborough declined by $472,466 (15.3%) compared to the previous 30 day period (August 6 - September 4) and up $111,837 (4.5%) from the same time one year ago.
Inventory Change
There were 207 5-bedroom homes listed in Scarborough over the last 30 days (September 5 - October 4), which is up 111.2% compared with the previous 30 day period (August 6 - September 4) and down 1.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Scarborough typically sold ($26,354) (1.0%) below asking price over the last 30 days (September 5 - October 4), which represents a $171,943 increase compared to the previous 30 day period (August 6 - September 4) and ($19,488) 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 (September 5 - October 4) stood at 25.1%, down from 35.7% over the previous 30 days (August 6 - September 4) and up from 22.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Scarborough stood at 26 days when successfully sold over the last 30 days (September 5 - October 4), compared to 70 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Nancy Saedi
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