48 Gondola Cres

FOR SALE
$888,000
48 Gondola Cres, Scarborough
48 Gondola Cres
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
E10424856
MLSID
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Property Description
Discover 48 Gondola Cres - Well maintained, charming bungalow nestled in a serene, leafy neighborhood. Just a short distance from Guildwood GO Train Station, offering a quick 15-minute trip to Union Station, and conveniently close to the delightful Morningside Park. Within a 10-minute stroll, you'll discover a community center, tennis courts, playground, and dog parks. The property is cherished, boasting mature gardens and trees. The main floor features a spacious, sunlit family room with walk-out access to the tranquil backyard deck, ideal for outdoor gatherings and dining. The open-concept dining room is perfect for family meals, while the kitchen offers excellent storage space, double sinks, and a sunny ambiance. The additional living room, with a separate entrance, can serve as a children's play area or a home office. Additionally, the ground floor includes a convenient 2-piece powder room and laundry facilities. Upstairs, the sizable primary suite features a large window with tree views, warm hardwood flooring, and ample closet space ensuring a relaxing retreat. Three more light-filled bedrooms and a full 4-piece bath with a deep tub complete the upper level. With parking for 2 cars in the carport and private drive, this home is located in an excellent school district, surrounded by various shopping options, and just a few minutes from the Scarborough Golf Club. Furthermore, it's a short drive to the picturesque Bluffs for beach outings and offers easy access to Hwy 401 for effortless commuting. Don't miss your chance to view this home today!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-06 2024-11-14 8 $899,000 - Terminated
2024-10-21 2024-11-06 16 $924,900 - Terminated
Extras
Speak to LA about possibility of adding second suite!
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
50' x 113'
Fronting
South
Taxes
$3,594 (2023)
Basement
Fin W/O
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Carport
Room Summary
RoomLevelSizeFeatures
LivingGround11.09' x 12.27'Walk-Out, Vinyl Floor, Window
DiningGround9.06' x 11.22'Open Concept, Combined W/Family, Vinyl Floor
KitchenGround7.71' x 10.14'Tile Floor, Window, Double Sink
FamilyGround12.89' x 14.96'Vinyl Floor, W/O To Deck, Electric Fireplace
Prim BdrmUpper13.16' x 17.36'Hardwood Floor, Large Window, Double Closet
2nd BrUpper9.25' x 13.16'Hardwood Floor, Window, Closet
3rd BrUpper9.15' x 9.35'Hardwood Floor, Window, Double Closet
4th BrUpper9.22' x 12.76'Hardwood Floor, Window
Scarborough Market Statistics
Scarborough Price Trend
48 Gondola Cres is a 4-bedroom 2-bathroom home listed for sale at $888,000, which is $1,022,083 (53.5%) lower than the average sold price of $1,910,083 in the last 30 days (October 17 - November 15). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $91,446 (4.6%) compared to the previous 30 day period (September 17 - October 16) and down $118,180 (5.8%) from the same time one year ago.
Inventory Change
There were 447 4-bedroom homes listed in Scarborough over the last 30 days (October 17 - November 15), which is down 40.3% compared with the previous 30 day period (September 17 - October 16) and down 15.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($39,092) (2.0%) below asking price over the last 30 days (October 17 - November 15), which represents a $18,842 decrease compared to the previous 30 day period (September 17 - October 16) and ($49,818) 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 4-bedroom homes in Scarborough over the last 30 days (October 17 - November 15) stood at 66.2%, up from 40.1% over the previous 30 days (September 17 - October 16) and up from 45.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Scarborough stood at 22 days when successfully sold over the last 30 days (October 17 - November 15), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Advantage Realty
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