279 Cedarvale Ave
Woodbine-Lumsden, Scarborough, M4C 4K3
FOR SALE
$849,000
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2 + 1
BEDROOMS2
BATHROOMS1 + 1
KITCHENS5 + 4
ROOMSE9380543
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Property Description
Welcome To 279 Cedarvale, A Darling 2-Bedroom Bungalow Where Possibilities Are Endless! A Remarkable 25 X 163 Footer Packed With Upside Potential Situated In The Thriving Heart Of East Danforth! Its Time For This Humble Residence To Change Its Destiny, Inviting New Ownership And Offering A Chance For Those Keen On Retaining Its Inherent Charm Or Undertaking A More Significant Project To Realize A New Vision. This Property Shines On A Generously Proportioned Lot Featuring Two Big Bedrooms, A Large Open Plan, And A Functional 4-Piece Bath! The Basement (Connected To The Main Floor) Can Be Flipped Over To A Recreational Space With An Office Or Extra Bedroom Or Considered For Additional Rental Income (Thank-You Separate Entrance)Plus Ample Parking On The New Interlocking Driveway And A Backyard Calling For Green-Thumbers, Bbq Lovers Or Square Footage Optimizers (Thinking Garden Suite Or An Extension Here, My Friends). Located In A Quiet Neighbourhood, You'll Enjoy This Welcoming Community With Accessibility To Danforth Village, Taylor Creek, Parks, Schools And Ttc. Plus, The Easy, Breezy Proximity To The Dvp Ensures A Swift In And Out Of The City For Commuters Or Our Weekend Cottage Getaway-Ers! Don't Miss Out On The Prospect Of Leveraging This Remarkable Blank Slate In A Location Where The Dollars + Sense Add Up For Both Visionaries & Spreadsheet Wizards Alike!
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Nearby Intersections
Danforth & Woodbine (34)
Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
25' x 163'
Fronting
East
Taxes
$3,534 (2024)
Basement
Finished, Sep Entrance
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.33' x 15.32' | Open Concept, Large Window, O/Looks Dining |
| Kitchen | Main | 9.42' x 10.83' | Eat-In Kitchen, O/Looks Dining, Large Window |
| Dining | Main | 5.84' x 8.17' | Open Concept, Window, O/Looks Living |
| Prim Bdrm | Main | 12.07' x 13.09' | Large Closet, O/Looks Backyard, Window |
| 2nd Br | Main | 12.73' x 11.68' | O/Looks Frontyard, Double Closet, Large Window |
| Living | Lower | 14.07' x 15.16' | Above Grade Window, Tile Floor, Separate Rm |
| Kitchen | Lower | 8.43' x 18.08' | Tile Floor, 4 Pc Ensuite, Above Grade Window |
| Dining | Lower | 14.07' x 15.16' | Combined W/Kitchen, Above Grade Window, Tile Floor |
| 3rd Br | Lower | 12.93' x 13.85' | Large Closet, Tile Floor, Above Grade Window |
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Scarborough Market Statistics
Scarborough Price Trend
279 Cedarvale Ave is a 2-bedroom 2-bathroom home listed for sale at $849,000, which is $312,418 (26.9%) lower than the average sold price of $1,161,418 in the last 30 days (September 4 - October 3). During the last 30 days the average sold price for a 2 bedroom home in Scarborough increased by $72,028 (6.6%) compared to the previous 30 day period (August 5 - September 3) and up $91,106 (8.5%) from the same time one year ago.Inventory Change
There were 282 2-bedroom homes listed in Scarborough over the last 30 days (September 4 - October 3), which is up 120.3% compared with the previous 30 day period (August 5 - September 3) and up 15.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $15,821 (1.4%) above asking price over the last 30 days (September 4 - October 3), which represents a $11,873 increase compared to the previous 30 day period (August 5 - September 3) and $23,146 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 2-bedroom homes in Scarborough over the last 30 days (September 4 - October 3) stood at 37.2%, down from 71.9% over the previous 30 days (August 5 - September 3) and up from 35.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Scarborough stood at 14 days when successfully sold over the last 30 days (September 4 - October 3), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Fox Marin Associates Ltd.
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