29 Love Cres

FOR SALE
$1,669,000
29 Love Cres, Scarborough
29 Love Cres
29 Love Cres
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4 + 1
BEDROOMS
3
BATHROOMS
3
KITCHENS
10 + 2
ROOMS
E9395888
MLSID
Contact Us
Property Description
Welcome To The Beautiful Upper Beaches Neighbourhood! This Is An Absolutely Fantastic Opportunity To Own A Great Income Property In This Wonderful Location, Where Properties Rarely Come Up For Sale. The Property: Three Self Contained Residentials Units w/ A Two-Car Garage Parking. The Property Has Separate Hydro Meters. It Is Ideal For Families Looking For Additional Income Or Investors As It's Minutes Away From Amenities Such As The Lake, Beaches, Restaurants, TTC, Major Highways & DVP. The Existing Tenants Are Currently Month To Month.
Listing History
List Date End Date Days Listed List Price Sold Price Status
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 & Central Air Conditioner. Double Car Garage Has Sep Electricity, Lighting, Ample Storage & 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
$6,343 (2023)
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 $1,669,000, which is $216,072 (11.5%) lower than the average sold price of $1,885,072 in the last 30 days (October 14 - November 12). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $111,081 (5.6%) compared to the previous 30 day period (September 14 - October 13) and down $180,970 (8.8%) from the same time one year ago.
Inventory Change
There were 494 4-bedroom homes listed in Scarborough over the last 30 days (October 14 - November 12), which is down 37.2% compared with the previous 30 day period (September 14 - October 13) and down 3.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($37,490) (2.0%) below asking price over the last 30 days (October 14 - November 12), which represents a $11,224 decrease compared to the previous 30 day period (September 14 - October 13) and ($49,901) 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 (October 14 - November 12) stood at 58.1%, up from 36.8% over the previous 30 days (September 14 - October 13) and up from 44.7% 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 21 days when successfully sold over the last 30 days (October 14 - November 12), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Terrequity Realty
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