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! **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.
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
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 $225,711 (12.0%) lower than the average sold price of $1,875,711 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Scarborough increased by $183,887 (10.9%) compared to the previous 30 day period (December 22 - January 20) and down $46,763 (2.4%) from the same time one year ago.
Inventory Change
There were 466 4-bedroom homes listed in Scarborough over the last 30 days (January 21 - February 19), which is up 87.9% compared with the previous 30 day period (December 22 - January 20) and up 30.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold $7,351 (0.4%) above asking price over the last 30 days (January 21 - February 19), which represents a $37,018 increase compared to the previous 30 day period (December 22 - January 20) and ($17,969) 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 (January 21 - February 19) stood at 38.0%, down from 43.5% over the previous 30 days (December 22 - January 20) and down from 52.2% 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 24 days when successfully sold over the last 30 days (January 21 - February 19), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Terrequity Realty
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