55 Verne Cres
Malvern, Scarborough, M1B 2Y4
FOR SALE
$1,238,000
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3 + 2
BEDROOMS4
BATHROOMS1
KITCHENS8 + 2
ROOMSE8216938
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Property Description
One of best Scarborough locations. Fully renovated, Open concept kitchen w/ a large quartz counter-top & under-cabinet LEDs. Hdwd fl thru-out 1st & 2nd fl, vynl fl bsmt, sky-light, stylish light fixtures, all consistent to a sleek, modern and beautiful taste! Front yard interlocking without sidewalk has four(4) driveway parking spaces (total five!!), truly one of kind! Plus 3 bdrm & den (total 4) & 4 wsrm. Near all amenities, malls, Restaurants, parks, schools, you name it! 9 mins drive to UofT Scarborough campus & Centennial Collage. 5 mins drive to new McCowan Subway Station, 7 mins drive to Scarborough Town Centre. Heat Pump heating & cooling (24), windows & door (2016), deck (14), Roof(18), Steps to Bus Stop NO SIDEWALK! NO LINK HOME!
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Extras
The seller does not warrant retrofit status of basement.
Nearby Intersections
Markham & Sheppard (57)
Property Features
Library, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
22' x 97'
Fronting
West
Taxes
$3,265 (2023)
Basement
Finished
Exterior
Alum Siding, Brick Front
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Front Yard
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 13.45' x 16.93' | Hardwood Floor, Combined W/Dining, W/O To Deck |
| Dining | Ground | 8.37' x 11.32' | Hardwood Floor, Combined W/Living, O/Looks Backyard |
| Kitchen | Ground | 8.01' x 10.04' | Ceramic Floor, Open Concept, Modern Kitchen |
| Prim Bdrm | 2nd | 15.55' x 15.58' | Hardwood Floor, His/Hers Closets, 3 Pc Ensuite |
| 2nd Br | 2nd | 9.06' x 14.90' | Hardwood Floor, Large Closet, 4 Pc Bath |
| 3rd Br | 2nd | 8.37' x 14.90' | Hardwood Floor, Large Closet, Large Window |
| Den | 2nd | 4.49' x 7.87' | Hardwood Floor, Sliding Doors, Window |
| Rec | Bsmt | 16.40' x 17.75' | Laminate, Above Grade Window, 3 Pc Bath |
| Laundry | Bsmt | 6.89' x 10.33' | Ceramic Floor, Walk Through |
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Scarborough Market Statistics
Scarborough Price Trend
55 Verne Cres is a 3-bedroom 4-bathroom home listed for sale at $1,238,000, which is $146,043 (10.6%) lower than the average sold price of $1,384,043 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $29,673 (2.2%) compared to the previous 30 day period (February 29 - March 29) and down $14,738 (1.1%) from the same time one year ago.Inventory Change
There were 971 3-bedroom homes listed in Scarborough over the last 30 days (March 30 - April 28), which is up 18.1% compared with the previous 30 day period (February 29 - March 29) and up 24.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $72,466 (5.2%) above asking price over the last 30 days (March 30 - April 28), which represents a $12,064 decrease compared to the previous 30 day period (February 29 - March 29) and $78,895 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 3-bedroom homes in Scarborough over the last 30 days (March 30 - April 28) stood at 62.9%, down from 70.1% over the previous 30 days (February 29 - March 29) and down from 73.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Scarborough stood at 12 days when successfully sold over the last 30 days (March 30 - April 28), compared to 34 days before being removed from the market upon being suspended or terminated.Listing contracted with Real One Realty Inc.
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