25 Dunelm St
Scarborough Village, Scarborough, M1J 3G2
FOR SALE
$929,000
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Property Description
Attn: First Time Home Buyers and or Fixer Uppers & Flippers, Discover the potential of this charming North Facing, Lucky 7; 3 bed, 1 bath bungalow, comes with 7 Car Parking, perfectly situated in a sought-after community that offers an easy commute to everywhere. This BRRRR Property, Priced below market value, this home is an exceptional opportunity for home flippers and fixer-uppers, presenting significant potential for profit with the right renovations. Imagine transforming this property, taking inspiration from successful flips in the neighbourhood, and enhancing its value with strategic updates. First-time buyers will find this bungalow incredibly appealing due to its affordability and the chance to personalize and create a dream starter home. With various financing options and first-time buyer programs available, stepping into homeownership has never been easier. Handyman dream home seekers will relish the DIY potential of this property, offering endless possibilities to customize and improve, while preserving its unique architectural features and historical charm. This home comes with 6 Car parking on the Driveway and 1 Car in the detached Garage. Investors will be drawn to the promising rental income potential, whether as a single-family home or a multi-unit property, backed by strong local real estate trends indicating an appreciating market. For duplex builders, the property offers an exciting prospect with its suitable lot size for multiple Ideas, and this may open the door for duplex construction. This bungalow is also located in a safe and secure neighbourhood, close to schools, parks, shopping centers, and public transportation, making it a desirable location for families and commuters alike. Future developments in the area promise to further boost property values, enhancing the investment potential. The property's versatility caters to a broad range of buyers and investors, ensuring flexible usage and wide-ranging appeal.
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Extras
Walking Distance to TTC Bus Stop, Scarborough Golf Club, Walmart and Metro, Tim Hortons, Pizza Store, Restaurant and Plaza & Supermarket. Minutes Drive to Go Train Station, Scarborough Town Cente and Close to Down Town.
Nearby Intersections
Markham & Eglinton (34)
Eglinton & Kingston (39)
Property Features
Golf, Library, Public Transit, Rec Centre, School, Wooded/Treed
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
50' x 171'
Lot Irregularities
Irregular Lot
Fronting
South
Taxes
$3,233 (2024)
Basement
Full, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 3.41' x 5.12' | |
| Living | Main | 13.16' x 14.80' | O/Looks Frontyard, Combined W/Dining, Combined W/Kitchen |
| Kitchen | Main | 8.17' x 11.22' | Combined W/Dining, B/I Dishwasher |
| Prim Bdrm | Main | 10.10' x 11.12' | O/Looks Backyard, Closet, Sliding Doors |
| 2nd Br | Main | 8.27' x 10.17' | Closet, Window, Hardwood Floor |
| 3rd Br | Main | 8.01' x 11.98' | Closet, Window, Hardwood Floor |
| Rec | Bsmt | 23.36' x 34.84' |
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Scarborough Market Statistics
Scarborough Price Trend
25 Dunelm St is a 3-bedroom 1-bathroom home listed for sale at $929,000, which is $414,656 (30.9%) lower than the average sold price of $1,343,656 in the last 30 days (September 4 - October 3). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $51,581 (4.0%) compared to the previous 30 day period (August 5 - September 3) and down $16,467 (1.2%) from the same time one year ago.Inventory Change
There were 1,346 3-bedroom homes listed in Scarborough over the last 30 days (September 4 - October 3), which is up 159.8% compared with the previous 30 day period (August 5 - September 3) and up 14.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $14,924 (1.1%) above asking price over the last 30 days (September 4 - October 3), which represents a $22,099 increase compared to the previous 30 day period (August 5 - September 3) and $32,922 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 (September 4 - October 3) stood at 40.0%, down from 70.8% over the previous 30 days (August 5 - September 3) and up from 38.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Scarborough stood at 16 days when successfully sold over the last 30 days (September 4 - October 3), compared to 51 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Crossroads Realty Inc.
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