40 NORTHFIELD Rd

FOR SALE
$998,999
40 NORTHFIELD Rd, Scarborough
40 NORTHFIELD Rd
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
E11909821
MLSID
Contact Us
Property Description
This beautifully renovated 3-bedroom home, updated just 2 years ago, offers a perfect blend of modern living and cottage-like charm. Large windows in the living and family rooms provide stunning views of the ravine, creating a serene and peaceful atmosphere. Located in a quiet neighborhood in Scarborough, it feels like a private retreat while still being just 10 minutes from top schools, shopping centers, Scarborough Town Centre, the University of Toronto (Scarborough campus), and Centennial College. With Highway 401 only minutes away, convenience meets tranquility in this idyllic home.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-05-30 2019-06-06 7 $668,800 $640,000 Sold
Property Features
Hospital, Park, Place Of Worship, Public Transit, Ravine, School
Property Details
Community
Property Type
Detached, Backsplit 3
Lot Size
58' x 130'
Lot Irregularities
SEE SCHEDULE B
Fronting
South
Taxes
$4,206 (2024)
Basement
Fin W/O
Exterior
Brick Front, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Carport
Scarborough Market Statistics
Scarborough Price Trend
40 NORTHFIELD Rd is a 3-bedroom 2-bathroom home listed for sale at $998,999, which is $244,035 (19.6%) lower than the average sold price of $1,243,034 in the last 30 days (December 9 - January 7). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $67,740 (5.2%) compared to the previous 30 day period (November 9 - December 8) and up $6,898 (0.6%) from the same time one year ago.
Inventory Change
There were 199 3-bedroom homes listed in Scarborough over the last 30 days (December 9 - January 7), which is down 71.3% compared with the previous 30 day period (November 9 - December 8) and up 26.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold ($14,905) (1.2%) below asking price over the last 30 days (December 9 - January 7), which represents a $12,603 decrease compared to the previous 30 day period (November 9 - December 8) and ($28,665) 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 3-bedroom homes in Scarborough over the last 30 days (December 9 - January 7) stood at 129.1%, up from 75.1% over the previous 30 days (November 9 - December 8) and down from 148.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Scarborough stood at 43 days when successfully sold over the last 30 days (December 9 - January 7), compared to 76 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Metropolis Realty
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