41 Hill Cres
Scarborough Village, Scarborough, M1M 1J3
FOR SALE
$3,999,000
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Property Description
Incredible opportunity to own a 100ft x 412ft property with 180 degree unobstructed views of lake Ontario. The 14 Year old home is built on concrete foundation and metal beams that allow for long open spaces with large floor to ceiling windows that line the back of the property with unobstructed infinity views of the lake and southern exposure. Over 7000 sqft of total living space, this custom home has an incredible layout with high ceilings that makes it feel airy and bright. Five generously sized bedrooms on the second floor where three of the bedrooms in the rear have direct access to large balconies to enjoy the incredible view. The primary bedroom has vaulted ceilings, a 5 piece ensuite, walk-in closet and an oversized covered balcony. The home boasts many upgraded features such as a heated driveway, heated floors, geo-thermal heater units, generator, elevator, professional grade appliances, powered gates, security system with cameras, built-in sound system with speakers and so on. However this home has not been well maintained in the past 5 years and many of these features and some components of the home are not fully functional or in disrepair. Any potential buyer is encouraged to get their own inspection to determine the extent of the work required to bring it back to its original state.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-03-04 | 2024-05-04 | 61 | $4,399,000 | - | Expired |
Nearby Intersections
Kingston & Markham (27)
Property Features
Beach, Fenced Yard, Lake/Pond
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
100' x 412'
Fronting
South
Taxes
$29,549 (2024)
Basement
Part Fin, Sep Entrance
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Grnd Srce
Air Conditioning
Central Air
Water
Municipal
Elevator
Yes
Parking Spaces
8
Driveway
Circular
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Main | 21.59' x 13.81' | 3 Pc Bath, Built-In Speakers, Elevator |
Living | Main | 24.28' x 27.89' | W/O To Patio, Gas Fireplace, Fireplace |
Dining | Main | 17.39' x 18.83' | 2 Pc Ensuite, W/O To Garage, Updated |
Office | Main | 12.63' x 14.01' | Large Window, Hardwood Floor |
Kitchen | Main | 23.23' x 30.81' | B/I Appliances, Hollywood Kitchen, Overlook Water |
Br | 2nd | 18.47' x 19.82' | 5 Pc Ensuite, Cathedral Ceiling, W/O To Balcony |
Br | 2nd | 17.81' x 16.83' | 4 Pc Ensuite, Hardwood Floor, W/O To Balcony |
Br | 2nd | 13.16' x 14.96' | 4 Pc Ensuite, Hardwood Floor, Large Window |
Br | 2nd | 18.01' x 15.32' | 4 Pc Ensuite, Hardwood Floor, W/O To Balcony |
Br | 2nd | 13.35' x 14.34' | 4 Pc Ensuite, Hardwood Floor, W/I Closet |
Laundry | 2nd | 11.98' x 14.07' | B/I Shelves, Large Window |
Great Rm | Lower | 21.82' x 19.85' | Large Window, Overlook Water, W/O To Greenbelt |
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Scarborough Market Statistics
Scarborough Price Trend
41 Hill Cres is a 5-bedroom 7-bathroom home listed for sale at $3,999,000, which is $1,283,883 (47.3%) higher than the average sold price of $2,715,117 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 5 bedroom home in Scarborough increased by $148,190 (5.8%) compared to the previous 30 day period (November 18 - December 17) and up $187,217 (7.4%) from the same time one year ago.Inventory Change
There were 66 5-bedroom homes listed in Scarborough over the last 30 days (December 18 - January 16), which is up 11.9% compared with the previous 30 day period (November 18 - December 17) and up 106.2% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Scarborough typically sold ($293,040) (10.8%) below asking price over the last 30 days (December 18 - January 16), which represents a $183,750 decrease compared to the previous 30 day period (November 18 - December 17) and ($98,200) 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 5-bedroom homes in Scarborough over the last 30 days (December 18 - January 16) stood at 25.8%, down from 72.9% over the previous 30 days (November 18 - December 17) and down from 78.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 7-bathroom home in Scarborough stood at 44 days when successfully sold over the last 30 days (December 18 - January 16), compared to 95 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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