29 Love Cres

FOR SALE
$1,650,000
29 Love Cres, Scarborough
29 Love Cres
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4 + 1
BEDROOMS
3
BATHROOMS
3
KITCHENS
10 + 2
ROOMS
E11928499
MLSID
Contact Us
Property Description
Welcome to the highly sought-after Upper Beaches neighborhood! This is a rare and exceptional opportunity to own a fantastic income property in a location where properties seldom become available. The property features three self-contained residential units, along with a two-car garage and separate hydro meters for each unit. Ideal for families seeking additional income or investors, it offers easy access to a wide range of amenities, including the lake, beaches,restaurants, TTC, major highways, and the DVP. Current tenants are on a month-to-month basis,offering flexibility for new owners. Dont miss out on this prime investment opportunity!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-15 2025-01-15 92 $1,659,000 - Expired
2024-07-12 2024-10-12 92 $1,679,000 - Expired
2024-04-09 2024-07-09 91 $1,699,000 - Expired
Extras
3 Fridges, 3 Stoves, B/I Dishwasher, Washer, Dryer, Freezer, Gas HWT (Owned), Forced Air Gas Furnace, and Central Air Conditioner. Double Car Garage Has Sep Electricity, Lighting,Ample Storage and Auto Door Openers.
Nearby Intersections
Property Features
Beach, Lake/Pond, Library, Park, Public Transit, School
Property Details
Street
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
27' x 121'
Fronting
South
Taxes
$6,810 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Mutual
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain15.12' x 16.73'Hardwood Floor, Window, Open Concept
DiningMain8.63' x 10.53'Hardwood Floor, Separate Rm, Walk Through
KitchenMain7.09' x 9.84'Ceramic Floor, Window, Double Sink
Prim BdrmMain9.88' x 12.80'Hardwood Floor, W/I Closet, Window
2nd BrMain9.84' x 13.85'Hardwood Floor, Window, Double Closet
Living2nd15.19' x 16.77'Hardwood Floor, Window, B/I Closet
Dining2nd8.73' x 10.66'Hardwood Floor, Separate Rm, Moulded Ceiling
Kitchen2nd7.32' x 9.78'Ceramic Floor, Double Sink, B/I Dishwasher
Prim Bdrm2nd9.88' x 12.80'Hardwood Floor, Window, Double Closet
2nd Br2nd8.79' x 12.80'Hardwood Floor, Window, Closet
LivingLower16.27' x 18.57'Parquet Floor, Combined W/Kitchen, Open Concept
BrLower5.77' x 10.73'Parquet Floor, Window, Separate Rm
Scarborough Market Statistics
Scarborough Price Trend
29 Love Cres is a 4-bedroom 3-bathroom home listed for sale at $1,650,000, which is $58,155 (3.7%) higher than the average sold price of $1,591,845 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $294,828 (15.6%) compared to the previous 30 day period (November 19 - December 18) and down $105,045 (6.2%) from the same time one year ago.
Inventory Change
There were 234 4-bedroom homes listed in Scarborough over the last 30 days (December 19 - January 17), which is down 21.5% compared with the previous 30 day period (November 19 - December 18) and up 66.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($26,023) (1.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $15,789 increase compared to the previous 30 day period (November 19 - December 18) and ($80,967) more 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 4-bedroom homes in Scarborough over the last 30 days (December 19 - January 17) stood at 52.6%, down from 72.1% over the previous 30 days (November 19 - December 18) and down from 62.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Scarborough stood at 39 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Terrequity Realty
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