517 Main St
Woodbine-Lumsden, Scarborough, M4C 4Y3
FOR SALE
$798,000
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1 + 1
BEDROOMS2
BATHROOMS1 + 1
KITCHENS6 + 4
ROOMSE11880485
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Property Description
***293' Deep Ravine Lot*** Welcome to this stunning, beautifully updated detached brick home, nestled on a rare 293' deep lot that backs onto the tranquil Taylor Creek Ravine. Located in the sought-after Woodbine-Lumsden neighbourhood, this home offers the perfect blend of modern upgrades, functionality and future potential, all while surrounded by nature. Step inside to a welcoming foyer, thoughtfully designed to provide a private space for shoes and coats, seamlessly leading into the inviting living room. The main floor features 9' high ceilings, fresh paint, new vinyl plank flooring throughout, Pot lights, updated windows & doors & renovated bathroom with heated floors (2015). The bright, eat-in kitchen opens to a spacious deck overlooking the expansive backyard, a true oasis for summer gatherings and relaxation. Additional highlights include a versatile laundry room/office, renovated in 2023 and a newly built, insulated 11'x33' workshop/storage shed (2018) with a rough-in for a 60-amp electrical panel. Enjoy the convenience of 4 parking spaces at the rear of the property and spacious attic with plenty of storage space. The self-contained 1-bedroom basement suite, with its own entrance, hydro panel, thermostat and laundry, provides excellent income potential or space for extended family. This suite boasts 8' high ceilings, a full kitchen & bathroom with a jacuzzi tub, fresh paint, and brand-new carpet flooring. This home is a fantastic alternative to condo living, offering the opportunity to enjoy it now while planning your dream home in a neighbourhood with many luxury new builds. Enjoy the unbeatable location, just a short walk to Danforth Avenue, Main Street Subway, Schools and a variety of shops and amenities. The Danforth GO Station is only a 15-minute walk away and the Beach and DVP are just a short drive. Don't miss this incredible opportunity to live, invest and build in one of Torontos most vibrant and desirable neighbourhoods!
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Extras
All existing appliances, light fixtures and window coverings, 200 amp breaker, Tankless hot water tank (17 yrs), Furnace (2020) , Fireplace insert (2001) with WETT certification (2023)
Nearby Intersections
Victoria Park & Danforth (109)
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
25' x 294'
Fronting
East
Taxes
$3,784 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
4
Driveway
Mutual
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.35' x 24.28' | Vinyl Floor, Pot Lights, Fireplace |
| Dining | Main | 24.28' x 11.35' | Vinyl Floor, Pot Lights, Combined W/Living |
| Kitchen | Main | 12.07' x 13.55' | Vinyl Floor, Eat-In Kitchen, W/O To Deck |
| Prim Bdrm | Main | 7.74' x 8.60' | Hardwood Floor, O/Looks Backyard, B/I Bookcase |
| Office | Main | 8.40' x 8.83' | Vinyl Floor, Window, O/Looks Dining |
| Rec | Lower | 15.62' x 19.19' | Broadloom, Window, L-Shaped Room |
| Kitchen | Lower | 8.01' x 9.02' | Ceramic Floor, B/I Appliances, Open Concept |
| Br | Lower | 10.07' x 11.58' | Broadloom, Closet, Window |
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Scarborough Market Statistics
Scarborough Price Trend
517 Main St is a 1-bedroom 2-bathroom home listed for sale at $798,000, which is $1,428 (0.2%) lower than the average sold price of $799,428 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 1 bedroom home in Scarborough declined by $35,053 (4.2%) compared to the previous 30 day period (October 12 - November 10) and down $32,714 (3.9%) from the same time one year ago.Inventory Change
There were 4 1-bedroom homes listed in Scarborough over the last 30 days (November 11 - December 10), which is down 60.0% compared with the previous 30 day period (October 12 - November 10) and down 42.9% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom homes in Scarborough typically sold ($37,285) (4.7%) below asking price over the last 30 days (November 11 - December 10), which represents a $9,293 decrease compared to the previous 30 day period (October 12 - November 10) and ($38,957) 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 1-bedroom homes in Scarborough over the last 30 days (November 11 - December 10) stood at 175.0%, up from 80.0% over the previous 30 days (October 12 - November 10) and up from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom home in Scarborough stood at 35 days when successfully sold over the last 30 days (November 11 - December 10), compared to 100 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Frontier Realty Inc.
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