5 Merritt Rd
O'Connor-Parkview, Scarborough, M4B 3K4
FOR SALE
$998,000
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Property Description
Thousands Of Dollars Just Spent To Renovate & Gut This Lovely Home. This Property Is Situated On A Huge 76 x 100 Ft Lot. Some Of The Improvements To The House Include All New Floors, Lighting, 2 Brand New Bathrooms & A Reno'd Basement Bath. Upgraded Plumbing & Electrical. New Front & Back Deck. Mostly Newer Windows. This Family Friendly Neighbourhood Is Steps Away From A Charming Quiet Courtyard. The Home Features 4 Bedrooms, Or You Could Use The Main Floor Bedroom As An Office For 2 People. Easy Access To DVP, 401 & Future Eglinton LTR. Walk To Parks, Schools & Restaurants.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-12 | 2024-09-23 | 11 | $1,199,000 | - | Terminated |
Extras
Stainless Steel Fridge, Stainless Steel Dishwasher. Gas Stove (Not Hooked Up), Washer, Dryer, 4 Ceiling Fans, Central Air & Equipment, Forced Air Gas & Equipment
Nearby Intersections
St Clair & O'Connor (25)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
76' x 100'
Fronting
East
Taxes
$3,750 (2024)
Basement
Finished
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 15.16' x 11.52' | Laminate, Pot Lights, Open Concept |
| Dining | Ground | 12.57' x 11.52' | Laminate, Pot Lights, Open Concept |
| Family | Ground | 8.92' x 12.70' | Laminate, Pot Lights, Window |
| Kitchen | Ground | 13.12' x 11.15' | Laminate, W/O To Deck, Ceiling Fan |
| Prim Bdrm | 2nd | 14.11' x 12.14' | Laminate, 4 Pc Ensuite, Ceiling Fan |
| 2nd Br | 2nd | 12.63' x 9.84' | Laminate, Closet, Ceiling Fan |
| 3rd Br | 2nd | 9.25' x 13.19' | Laminate, Closet, O/Looks Backyard |
| Rec | Bsmt | 10.70' x 13.45' | Laminate, Pot Lights, Open Concept |
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Scarborough Market Statistics
Scarborough Price Trend
5 Merritt Rd is a 4-bedroom 3-bathroom home listed for sale at $998,000, which is $941,872 (48.6%) lower than the average sold price of $1,939,872 in the last 30 days (August 28 - September 26). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $68,494 (3.4%) compared to the previous 30 day period (July 29 - August 27) and down $128,243 (6.2%) from the same time one year ago.Inventory Change
There were 774 4-bedroom homes listed in Scarborough over the last 30 days (August 28 - September 26), which is up 130.4% compared with the previous 30 day period (July 29 - August 27) and up 15.4% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($27,588) (1.4%) below asking price over the last 30 days (August 28 - September 26), which represents a $28,199 increase compared to the previous 30 day period (July 29 - August 27) and ($472) 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 (August 28 - September 26) stood at 28.4%, down from 60.7% over the previous 30 days (July 29 - August 27) and down from 32.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Scarborough stood at 24 days when successfully sold over the last 30 days (August 28 - September 26), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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