40 Stoney Creek Dr

FOR SALE
$1,299,000
40 Stoney Creek Dr, Scarborough
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2 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
5 + 5
ROOMS
E8308300
MLSID
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Property Description
Introducing a spectacular find in West Rouge - Recently renovated in 2023, this 4-bedroom, 4-level backsplit now features a brand new basement kitchen added in 2024. Situated on an expansive 45.05 x 145.13 ft lot, this property also holds potential for a garden suite. Ideal for potential rental opportunities or multi-generational living. The main floor boasts a breathtaking open concept layout, adorned with engineered hardwood flooring and modern upgrades, including all-new light fixtures (2023), appliances (2023), furnace & A/C (2023), windows (2023), and upgraded bathrooms (2023). With soaring 10.5 ft vaulted ceilings, the main floor is bathed in natural light, enhancing its allure. The sleek kitchen design includes a center island with breakfast bar, quartz countertops, and stainless steel appliances. Upstairs, two spacious bedrooms feature large windows, with the primary bedroom offering access to a backyard deck and the second bedroom featuring a sizable walk-in closet. Additionally, a luxurious 5-piece bathroom with his and hers sinks completes this level. The lower level accommodates the third and fourth bedrooms, the latter equipped with a walk-in closet, along with a stylish 3-piece bathroom featuring a glass-walled shower. The fully finished basement showcases a newly installed eat-in kitchen (2024), complemented by pot lights and recreation room, as well as a separate laundry room for added convenience. Outside, the expansive backyard is fully fenced and features a deck, along with a detached 2-car garage (Refer to attached garden suite report for further details). This property is move-in ready and promises an exceptional living experience. (See att'd garden suite report).
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-02-14 2023-03-14 27 $3,800 $3,800 Leased
Extras
Great West Hill location! 5 min drive to shopping, groceries, & restaurants along Kingston Road. Walking distance to Lower Highland Creek Park & short drive to Lakeshore trails & parks. Close to GO Stn & Hwy 401.
Property Features
Park, Public Transit, School, Wooded/Treed
Property Details
Community
Property Type
Detached, Backsplit 4
Lot Size
40' x 145'
Fronting
North
Taxes
$3,571 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain11.35' x 21.49'Hardwood Floor, Open Concept, Large Window
DiningMain9.15' x 8.83'Hardwood Floor, Open Concept, Combined W/Living
KitchenMain8.69' x 12.01'Open Concept, Centre Island, Stainless Steel Appl
Prim BdrmUpper11.12' x 14.37'W/O To Deck, Large Closet, Hardwood Floor
2nd BrUpper8.83' x 14.50'W/I Closet, Large Window, Hardwood Floor
3rd BrLower10.53' x 13.19'Large Closet, Window, Hardwood Floor
4th BrLower8.86' x 12.96'W/I Closet, Window, Hardwood Floor
RecBsmt10.99' x 20.54'Hardwood Floor, Pot Lights, Open Concept
KitchenBsmt8.27' x 10.01'Eat-In Kitchen, Hardwood Floor, Open Concept
UtilityBsmt8.23' x 10.27'Combined W/Laundry
Scarborough Market Statistics
Scarborough Price Trend
40 Stoney Creek Dr is a 2-bedroom 2-bathroom home listed for sale at $1,299,000, which is $177,492 (15.8%) higher than the average sold price of $1,121,508 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom home in Scarborough increased by $2,925 (0.3%) compared to the previous 30 day period (March 15 - April 13) and down $196,158 (14.9%) from the same time one year ago.
Inventory Change
There were 271 2-bedroom homes listed in Scarborough over the last 30 days (April 14 - May 13), which is up 93.6% compared with the previous 30 day period (March 15 - April 13) and up 47.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $87,046 (7.8%) above asking price over the last 30 days (April 14 - May 13), which represents a $4,883 increase compared to the previous 30 day period (March 15 - April 13) and $84,317 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 2-bedroom homes in Scarborough over the last 30 days (April 14 - May 13) stood at 46.9%, down from 82.9% over the previous 30 days (March 15 - April 13) and down from 71.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Scarborough stood at 10 days when successfully sold over the last 30 days (April 14 - May 13), compared to 38 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Advantage Realty
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