40 Stoney Creek Dr

FOR SALE
$999,000
40 Stoney Creek Dr, Scarborough
40 Stoney Creek Dr
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2 + 2
BEDROOMS
2
BATHROOMS
2
KITCHENS
5 + 5
ROOMS
E8437648
MLSID
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Property Description
Amazing GEM in West Rouge! Recently renovated in 2023, this 4-bedroom, 4-level backsplit now includes a brand new basement kitchen added in 2024. Sitting on a spacious 45.05 x 145.13 ft lot, this property holds potential for a garden suite, making it perfect for rental opportunities or multi-generational living. The main floor features an open concept layout 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 filled with natural light, making it even more inviting. The stylish kitchen design includes a center island with breakfast bar, quartz countertops, and stainless steel appliances. Upstairs, two spacious bedrooms offer large windows, with the primary bedroom providing 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 houses the third and fourth bedrooms, with the fourth bedroom featuring a walk-in closet, along with a stylish 3-piece bathroom with a glass-walled shower. The fully finished basement boasts a newly installed eat-in kitchen (2024), complemented by pot lights and a recreation room, as well as a separate laundry room for added convenience. 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 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 9.84'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 Closet, 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 $999,000, which is $87,602 (8.1%) lower than the average sold price of $1,086,602 in the last 30 days (June 6 - July 5). During the last 30 days the average sold price for a 2 bedroom home in Scarborough declined by $115,858 (9.6%) compared to the previous 30 day period (May 7 - June 5) and down $57,335 (5.0%) from the same time one year ago.
Inventory Change
There were 278 2-bedroom homes listed in Scarborough over the last 30 days (June 6 - July 5), which is up 21.4% compared with the previous 30 day period (May 7 - June 5) and up 44.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $33,223 (3.1%) above asking price over the last 30 days (June 6 - July 5), which represents a $24,010 decrease compared to the previous 30 day period (May 7 - June 5) and $53,198 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 2-bedroom homes in Scarborough over the last 30 days (June 6 - July 5) stood at 45.3%, down from 54.6% over the previous 30 days (May 7 - June 5) and down from 108.3% 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 13 days when successfully sold over the last 30 days (June 6 - July 5), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Advantage Realty
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