3 Sutherland Ave
Crescent Town, Scarborough, M4C 1R8
FOR SALE
$899,000
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3 + 2
BEDROOMS3
BATHROOMS1 + 1
KITCHENS6 + 3
ROOMSE9819003
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Property Description
Sensational on Sutherland! Whether you're a first-time buyer or a savvy investor, this is the home you've been waiting for. This spacious detached property not only promises incredible income potential but is also ideal as a single-family residence. Step into an inviting main floor, featuring a stylish dining area, a cozy living room, and a thoughtfully designed kitchen with ample storage. The main floor also includes a bathroom with an expansive shower, plus a flexible front room perfect for an office, gym, playroom, or even a main-floor bedroom.Upstairs, youll find three bright bedrooms, each with generous closet space. The sunny primary bedroom easily fits a king-size bed, offering a restful retreat. Below, a separate basement apartment spans nearly 750 square feet, ideal for rental income or as an in-law suite.With potential for laneway housing, this property offers multiple revenue streams. Just steps from the vibrant Danforth, Dentonia Park, subway access, shops, and restaurants, this home places everything you need within easy reach. Main floor and basement currently being rented out for $6,000/month. Laneway housing report attached to listing.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-08-24 | 2022-08-30 | 6 | $1,350 | $1,350 | Leased |
| 2021-08-23 | 2021-09-10 | 18 | $1,250 | $1,250 | Leased |
Nearby Intersections
Victoria Park & Danforth (129)
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
21' x 115'
Fronting
South
Taxes
$4,377 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.99' x 15.26' | Hardwood Floor, Pot Lights, Crown Moulding |
| Dining | Main | 10.66' x 12.01' | Hardwood Floor, Open Concept, Window |
| Kitchen | Main | 11.32' x 12.01' | Hardwood Floor, Pot Lights, W/O To Deck |
| Den | Main | 9.84' x 10.99' | Hardwood Floor, Pot Lights, Large Window |
| Prim Bdrm | 2nd | 10.99' x 15.32' | Hardwood Floor, Vaulted Ceiling, Large Closet |
| 2nd Br | 2nd | 8.01' x 11.68' | Hardwood Floor, Vaulted Ceiling, Window |
| 3rd Br | 2nd | 6.99' x 9.51' | Hardwood Floor, Vaulted Ceiling, Window |
| Kitchen | Lower | 8.99' x 9.51' | Window |
| Br | Lower | 14.76' x 16.01' | Window, Pot Lights |
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Scarborough Market Statistics
Scarborough Price Trend
3 Sutherland Ave is a 3-bedroom 3-bathroom home listed for sale at $899,000, which is $413,955 (31.5%) lower than the average sold price of $1,312,955 in the last 30 days (October 15 - November 13). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $34,667 (2.6%) compared to the previous 30 day period (September 15 - October 14) and up $4,517 (0.3%) from the same time one year ago.Inventory Change
There were 777 3-bedroom homes listed in Scarborough over the last 30 days (October 15 - November 13), which is down 23.1% compared with the previous 30 day period (September 15 - October 14) and down 5.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold ($749) (0.1%) below asking price over the last 30 days (October 15 - November 13), which represents a $15,810 decrease compared to the previous 30 day period (September 15 - October 14) and $7,663 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 (October 15 - November 13) stood at 77.6%, up from 57.3% over the previous 30 days (September 15 - October 14) and up from 52.6% 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 21 days when successfully sold over the last 30 days (October 15 - November 13), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Berkshire Hathaway Homeservices Toronto Realty
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