48 Wharton Sq

FOR SALE
$1,599,000
48 Wharton Sq, Scarborough
48 Wharton Sq
48 Wharton Sq
48 Wharton Sq
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4 + 3
BEDROOMS
5
BATHROOMS
1 + 1
KITCHENS
15 + 3
ROOMS
E8396026
MLSID
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Property Description
$$$Hundreds of Thousand Dollars Worth of UPGRADES!!! Brand New Renovated House from Top to Bottom, Inside Out! Huge Pie Shape Lot with Rear of 58.76ft, Sides on 142.27ft. New Kitchen on 1st floor& basement with New Appliances, all Bathrooms are New with Stone Countertops, New Legal Walk-Up Basement with Separate Entrance. Newly Renovated Legal Basement with 3 Spacious Bedrooms and 2 Full Bathrooms (with rough-in for 2nd laundry room)! $$$Potential Rental Income! Hardwood Floor on 1st and 2nd, New Molding, Smooth Ceiling and Pot Lights Throughout. New Roof (2022), New Interlock Front and Backyard (2022), New Garage Doors (2022), Security System installed, New Stairs (2020), New Windows (2023), Cozy setup of Pergola and Tool House in Backyard. Good School District, Top Elementary and Middle Schools, Perfect for Big Family, A MUST SEE!!
Extras
OPENHOUSE Sat June 15th& June 16th, 2-5PM
Nearby Intersections
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
26' x 142'
Lot Irregularities
Pie Shape Lot,58.76 Width at Rear
Fronting
South
Taxes
$5,629 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain18.37' x 10.83'Stone Counter, B/I Appliances, Pot Lights
LivingMain13.78' x 11.42'Pot Lights, Combined W/Dining, O/Looks Dining
DiningMain11.81' x 11.42'Large Window, Combined W/Living, O/Looks Backyard
FamilyMain10.70' x 16.99'Large Window, Fireplace, Pot Lights
BathroomMain4.33' x 4.36'Renovated, Stone Counter, 2 Pc Bath
Br2nd10.83' x 16.73'W/I Closet, Pot Lights, Ensuite Bath
2nd Br2nd10.33' x 10.01'Large Closet, Large Window, Pot Lights
3rd Br2nd9.02' x 10.50'Large Closet, Large Window, Pot Lights
4th Br2nd9.02' x 10.50'Large Window, Large Closet, Pot Lights
Bathroom2nd4.92' x 10.50'Glass Doors, Stone Counter, 3 Pc Ensuite
Bathroom2nd7.28' x 7.74'3 Pc Bath, Stone Counter, Glass Doors
KitchenBsmt10.01' x 10.01'B/I Appliances, Renovated, Pot Lights
Scarborough Market Statistics
Scarborough Price Trend
48 Wharton Sq is a 4-bedroom 5-bathroom home listed for sale at $1,599,000, which is $445,993 (21.8%) lower than the average sold price of $2,044,993 in the last 30 days (May 31 - June 29). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $132,691 (6.1%) compared to the previous 30 day period (May 1 - May 30) and up $5,408 (0.3%) from the same time one year ago.
Inventory Change
There were 665 4-bedroom homes listed in Scarborough over the last 30 days (May 31 - June 29), which is down 6.1% compared with the previous 30 day period (May 1 - May 30) and up 4.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold $2,345 (0.1%) above asking price over the last 30 days (May 31 - June 29), which represents a $24,604 decrease compared to the previous 30 day period (May 1 - May 30) and $44,892 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 4-bedroom homes in Scarborough over the last 30 days (May 31 - June 29) stood at 41.2%, down from 46.2% over the previous 30 days (May 1 - May 30) and down from 63.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Scarborough stood at 17 days when successfully sold over the last 30 days (May 31 - June 29), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Dream Home Realty Inc.
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