52 Fernwood Park Ave
The Beaches, Scarborough, M4E 3G1
FOR SALE
$3,389,000
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4 + 1
BEDROOMS5
BATHROOMS1
KITCHENS8 + 2
ROOMSE8257566
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Property Description
Stunning 3-storey detached with 4+1 beds & 5-baths steps from the Waterfront in The Beaches! This home's exterior is a perfect blend of modern style & traditional charm w/ white pre-finished wood siding, cedar soffits, black accents, & large welcoming front porch. Inside, timeless yet contemporary finishes create a warm & inviting feel; featuring a sleek gas fireplace wrapped in floor-to-ceiling marble, wide plank white oak engineered hardwood floors, & custom millwork throughout, including tongue & groove paneling in the front foyer & dining room. Designed for entertaining & family life, the main floor offers an open concept living/dining room & beautifully appointed chef's kitchen w/ expansive island, premium appliances, & oversized sliding glass door flooding the room w/ light. Luxurious 3rd floor suite offers a sprawling private balcony w/ water views, huge walk-in closet, & spa-like 5-pc ensuite. All 2nd floor bedrooms are bright & spacious, outfitted with custom closets, & steps to the secondary laundry room. Unwind with a movie or a workout in the massive finished basement, which includes a 5th bedroom (or office), bathroom, & spacious primary laundry room. The mudroom located just off the kitchen, offers lots of custom storage, heated porcelain floors, & a secondary exit to the beautiful backyard. Located in the highly desirable Balmy School District & steps to Balmy Beach Park, the Waterfront boardwalk, and the beach. Minutes by foot to all shops, cafes, & restaurants along Queen St. E.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-06-20 | 2019-08-30 | 71 | $2,795,000 | $2,655,000 | Sold |
| 2019-05-28 | 2019-06-20 | 23 | $2,895,000 | - | Terminated |
Extras
B/I speaker/audio system on main flr, 3rd flr terrace, backyard & basement. Alarm system. Custom millwork in foyer, living/dining rm, & mud rm. Custom B/I closet organizers in all bdrms. Shed & low maintenance artificial grass in backyard.
Property Features
Beach, Fenced Yard, Lake Access, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
32' x 88'
Fronting
West
Taxes
$12,668 (2023)
Basement
Finished
Exterior
Alum Siding, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Rt-Of-Way
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 9.51' x 10.66' | Hardwood Floor, Panelled, B/I Closet |
| Living | Main | 10.24' x 10.66' | Gas Fireplace, Picture Window, B/I Shelves |
| Dining | Main | 10.24' x 14.67' | Centre Island, Marble Counter, W/O To Yard |
| Kitchen | Main | 9.51' x 14.99' | W/O To Yard, Centre Island, Marble Counter |
| 2nd Br | 2nd | 10.43' x 13.25' | Hardwood Floor, Bay Window, 3 Pc Ensuite |
| 3rd Br | 2nd | 10.43' x 11.32' | Hardwood Floor, Large Window, Pot Lights |
| 4th Br | 2nd | 9.74' x 11.32' | Hardwood Floor, Window, Pot Lights |
| Den | 2nd | 7.41' x 10.76' | Hardwood Floor, Window, Pot Lights |
| Prim Bdrm | 3rd | 12.07' x 15.91' | W/O To Terrace, W/I Closet, 5 Pc Ensuite |
| Rec | Bsmt | 12.24' x 17.32' | Hardwood Floor, Window, Pot Lights |
| 5th Br | Bsmt | 10.60' x 12.99' | Hardwood Floor, Window, Large Closet |
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Scarborough Market Statistics
Scarborough Price Trend
52 Fernwood Park Ave is a 4-bedroom 5-bathroom home listed for sale at $3,389,000, which is $1,308,383 (62.9%) higher than the average sold price of $2,080,617 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 4 bedroom home in Scarborough increased by $37,403 (1.8%) compared to the previous 30 day period (March 4 - April 2) and up $23,730 (1.2%) from the same time one year ago.Inventory Change
There were 638 4-bedroom homes listed in Scarborough over the last 30 days (April 3 - May 2), which is up 39.0% compared with the previous 30 day period (March 4 - April 2) and up 12.7% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold $19,981 (1.0%) above asking price over the last 30 days (April 3 - May 2), which represents a $4,125 increase compared to the previous 30 day period (March 4 - April 2) and $49,998 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 (April 3 - May 2) stood at 50.3%, down from 53.4% over the previous 30 days (March 4 - April 2) and down from 59.9% 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 15 days when successfully sold over the last 30 days (April 3 - May 2), compared to 48 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Condos Plus Corporation
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