5 Independence Dr

FOR SALE
$1,349,998
5 Independence Dr, Scarborough
5 Independence Dr
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3 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
3 + 3
ROOMS
E10441568
MLSID
Contact Us
Property Description
PRIDE OF OWNERSHIP!!! Original Owner Since 1958. Absolutely Stunning!!!Bright & Spacious 3+1 Bdrm All Brick Bungalow W/Attached Garage. Renos Just Completed $$$ Eat In Kitchen, Sep Liv & Dining Room, Oversized Prime Bdrm W/B/I Closet, 3rd Bedroom W/O To Covered Deck, Inground Pool and Fully Fenced Landscaped Backyard Oasis. Bright & Spacious In Law Suite W/Eat-In Kitchen, Centre Island, Liv Rm/Dining Rm, Laundry And 3 Pc Bath W/Glass Shower. Pot Lites And Vinyl Floors, All Mechanics Up To Date, Walk To Go Train & Community Centre In 6 Mins. Walk To Parks-Schools, Transit and Shopping. Exceptional Value!!!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-09-24 2024-11-20 57 $1,349,999 - Terminated
Extras
2 Fridges/1 Stove, 1 Dishwasher, 2 Clothes Washers And 2 Clothes Dryer.
Nearby Intersections
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Detached, Bungalow-Raised
Lot Size
50' x 100'
Fronting
South
Taxes
$4,163 (2024)
Basement
Apartment
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
LivingGround12.14' x 15.75'Bay Window, Open Concept, Vinyl Floor
DiningGround9.84' x 13.45'Vinyl Floor, Open Concept
KitchenGround9.84' x 15.75'Eat-In Kitchen, Pantry, B/I Dishwasher
Prim BdrmGround11.48' x 20.01'Broadloom, B/I Closet, Window
2nd BrGround9.84' x 12.14'Sliding Doors, Vinyl Floor, Closet
3rd BrGround8.86' x 10.50'Closet, Vinyl Floor, Window
LivingBsmt10.50' x 21.00'Combined W/Dining, Vinyl Floor, Pot Lights
KitchenBsmt14.76' x 17.72'Centre Island, Corian Counter, Vinyl Floor
Prim BdrmBsmt9.84' x 11.15'Vinyl Floor, Window, Pot Lights
LaundryBsmt5.91' x 11.15'Vinyl Floor, Window, Pot Lights
Scarborough Market Statistics
Scarborough Price Trend
5 Independence Dr is a 3-bedroom 2-bathroom home listed for sale at $1,349,998, which is $150,781 (12.6%) higher than the average sold price of $1,199,217 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $84,503 (6.6%) compared to the previous 30 day period (November 18 - December 17) and down $50,805 (4.1%) from the same time one year ago.
Inventory Change
There were 300 3-bedroom homes listed in Scarborough over the last 30 days (December 18 - January 16), which is down 37.5% compared with the previous 30 day period (November 18 - December 17) and up 39.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold ($12,463) (1.0%) below asking price over the last 30 days (December 18 - January 16), which represents a $7,759 decrease compared to the previous 30 day period (November 18 - December 17) and ($30,228) 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 3-bedroom homes in Scarborough over the last 30 days (December 18 - January 16) stood at 68.3%, down from 104.2% over the previous 30 days (November 18 - December 17) and down from 100.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Scarborough stood at 37 days when successfully sold over the last 30 days (December 18 - January 16), compared to 75 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Crossroads Realty Inc.
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