3988 Ellesmere Rd
Highland Creek, Scarborough, M1C 1J2
FOR SALE
$998,088
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3 + 2
BEDROOMS3
BATHROOMS1 + 1
KITCHENS7
ROOMSE11917320
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Property Description
This beautifully renovated bungalow offers a rare and highly sought-after layout with 3 spacious bedrooms upstairs and 2 additional bedrooms in the fully finished basement, complete with a separate entrance perfect for potential rental income or multi-generational living. The main floor features two full bathrooms, a rare find, along with a modern, updated kitchen thats perfect for entertaining. Situated on a generous 50 ft lot, this home is just minutes from the University of Toronto and offers easy access to highways, making it ideal for investors or first-time homebuyers. With new builds popping up around the area, this property presents incredible potential in a prime location. Dont miss your chance to own this versatile and well-located home! **EXTRAS** stove, fridge, washer and dryer
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-03-20 | 2019-03-20 | 0 | $549,000 | $594,000 | Sold |
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Property Details
Street
Community
City
Property Type
Detached, Other
Lot Size
50' x 120'
Fronting
North
Taxes
$3,648 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Available
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.01' x 16.99' | Porcelain Floor, Granite Counter, Window |
| Living | Main | 14.50' x 13.12' | Hardwood Floor, Window, Open Concept |
| Prim Bdrm | Main | 10.99' x 10.99' | 3 Pc Bath, Window, Hardwood Floor |
| 2nd Br | Main | 8.99' x 10.99' | 3 Pc Bath, Hardwood Floor, Window |
| 3rd Br | Main | 10.99' x 9.51' | Hardwood Floor, Window, Closet |
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Scarborough Market Statistics
Scarborough Price Trend
3988 Ellesmere Rd is a 3-bedroom 3-bathroom home listed for sale at $998,088, which is $296,178 (22.9%) lower than the average sold price of $1,294,266 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $111,403 (9.4%) compared to the previous 30 day period (December 20 - January 18) and down $5,944 (0.5%) from the same time one year ago.Inventory Change
There were 684 3-bedroom homes listed in Scarborough over the last 30 days (January 19 - February 17), which is up 111.1% compared with the previous 30 day period (December 20 - January 18) and up 26.9% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $27,175 (2.1%) above asking price over the last 30 days (January 19 - February 17), which represents a $38,493 increase compared to the previous 30 day period (December 20 - January 18) and $31,158 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 (January 19 - February 17) stood at 54.4%, down from 56.5% over the previous 30 days (December 20 - January 18) and down from 77.4% 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 (January 19 - February 17), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Associates Realty
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