281 Timberbank Blvd

FOR SALE
$1,078,000
281 Timberbank Blvd, Scarborough
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
281 Timberbank Blvd
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3 + 3
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
6 + 3
ROOMS
E8410044
MLSID
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Property Description
Absolutely stunning raised bungalow in highly-desired neighborhood Great opportunity to first time home buyer or investors. Large Living Room With Front Balcony, Finished Basement With 3 Bed Rooms, Kitchen, 2 washroom.2 Sep Entrance For Extra Living Space Or Rental Income. Above Grade Windows Allow The Finished Lower Level Lots Of Natural Light. Upgraded Electrical. Garage with a large driveway for 2 Cars Parking. Fruit trees at the backyard. Steps to park, public transit, schools, community center, shopping plaza, etc.
Extras
New air condition(2023)
Property Details
Community
Property Type
Semi-Detached, Bungalow-Raised
Lot Size
28' x 120'
Fronting
South
Taxes
$3,884 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
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
LivingMain11.91' x 14.24'Hardwood Floor, Combined W/Dining, W/O To Balcony
DiningMain9.84' x 12.27'Hardwood Floor
KitchenMain10.10' x 16.08'Ceramic Floor, Breakfast Area
Prim BdrmMain10.10' x 14.57'Hardwood Floor, Closet
2nd BrMain9.84' x 11.81'Hardwood Floor, Closet
3rd BrMain8.37' x 10.63'Hardwood Floor, Closet
BrBsmt9.19' x 11.35'Broadloom
BrBsmt10.07' x 11.65'Broadloom
BrBsmt10.17' x 10.33'Broadloom
LivingBsmt13.02' x 11.35'Broadloom
Scarborough Market Statistics
Scarborough Price Trend
281 Timberbank Blvd is a 3-bedroom 3-bathroom home listed for sale at $1,078,000, which is $250,109 (18.8%) lower than the average sold price of $1,328,109 in the last 30 days (June 7 - July 6). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $69,772 (5.0%) compared to the previous 30 day period (May 8 - June 6) and down $38,821 (2.8%) from the same time one year ago.
Inventory Change
There were 1,179 3-bedroom homes listed in Scarborough over the last 30 days (June 7 - July 6), which is up 3.4% compared with the previous 30 day period (May 8 - June 6) and up 17.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $27,124 (2.0%) above asking price over the last 30 days (June 7 - July 6), which represents a $36,691 decrease compared to the previous 30 day period (May 8 - June 6) and $79,296 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 (June 7 - July 6) stood at 49.4%, down from 55.7% over the previous 30 days (May 8 - June 6) and down from 87.2% 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 14 days when successfully sold over the last 30 days (June 7 - July 6), compared to 34 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Landmark Realty Inc.
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