47 Rainbow Ridge Ave

FOR SALE
$799,000
47 Rainbow Ridge Ave, Scarborough
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
47 Rainbow Ridge Ave
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
E9356756
MLSID
Contact Us
Property Description
Lovely renovated home in Rouge Valley, $$$ spent in upgrades. Gorgeous living room with fireplace, heated inground salt water pool with Cabana, finished bsmt with den and wood burning fireplace, newer eat-in kitchen (2022), updated bathroom with quartz countertop (2022), master br with walk-in closet and ensuite washroom, entry from garage to house, steps to TTC, 401, schools, shopping, newer vinyl windows (2014), driveway (2023)
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-10 2024-09-18 8 $949,900 - Terminated
Extras
Stainless steel fridge (2022), stove, B/I microwave, washer and dryer, newer pool liner (2002), CAC (2018), all Elfs, window blinds, Garage door opener
Nearby Intersections
Property Details
Community
Property Type
Link, 2-Storey
Lot Size
34' x 122'
Lot Irregularities
Irr. As Per Survey
Fronting
East
Taxes
$3,433 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround10.73' x 19.03'L-Shaped Room, Fireplace
DiningGround8.37' x 10.70'Combined W/Living, W/O To Deck
KitchenGround8.37' x 16.70'Eat-In Kitchen, W/O To Yard
Prim Bdrm2nd12.30' x 15.09'W/I Closet, 2 Pc Ensuite
2nd Br2nd8.63' x 10.01'Closet
3rd Br2nd9.91' x 12.07'Closet
RecBsmt19.03' x 19.39'L-Shaped Room, Wainscoting, Fireplace
Scarborough Market Statistics
Scarborough Price Trend
47 Rainbow Ridge Ave is a 3-bedroom 3-bathroom home listed for sale at $799,000, which is $474,446 (37.3%) lower than the average sold price of $1,273,446 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $23,834 (1.8%) compared to the previous 30 day period (July 21 - August 19) and down $51,996 (3.9%) from the same time one year ago.
Inventory Change
There were 983 3-bedroom homes listed in Scarborough over the last 30 days (August 20 - September 18), which is up 57.5% compared with the previous 30 day period (July 21 - August 19) and up 22.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $7,796 (0.6%) above asking price over the last 30 days (August 20 - September 18), which represents a $5,718 decrease compared to the previous 30 day period (July 21 - August 19) and $40,224 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 (August 20 - September 18) stood at 41.7%, down from 63.0% over the previous 30 days (July 21 - August 19) and down from 43.8% 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 20 days when successfully sold over the last 30 days (August 20 - September 18), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Prosperity Land Realty Inc.
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