56 Bow Valley Dr

FOR SALE
$899,000
56 Bow Valley Dr, Scarborough
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3 + 3
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
5 + 4
ROOMS
E9382867
MLSID
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Property Description
Don't miss out on this incredible income property opportunity-recently renovated from top to bottom! This solid brick bungalow features 3+ 3 bedrooms, 4 baths, and a spacious living room. Enjoy beautiful kitchens with quartz counter tops, a large island breakfast counter, stylish back splash, and en-suite laundry. The fully finished lower level includes its own kitchen, laundry and a larger master bedroom with a 4 piece bath. A separate side entrance leads to a huge backyard and driveway perfect for added convenience and space. The property boasts new roof, gutters, stainless steel appliances and windows.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-03 2024-07-08 5 $649,999 $760,000 Sold
Nearby Intersections
Property Features
Fenced Yard, Hospital, Library, Park, School, School Bus Route
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
41' x 139'
Acreage
< .50
Fronting
South
Taxes
$3,540 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain8.20' x 11.15'Vinyl Floor, Window, Pot Lights
DiningMain8.20' x 11.15'Combined W/Family, Vinyl Floor, Window
KitchenMain8.86' x 16.40'Marble Floor, Centre Island, Open Concept
Prim BdrmMain9.51' x 12.80'Vinyl Floor, Closet, Window
3rd BrMain9.51' x 9.84'Vinyl Floor, Closet, Window
2nd BrMain9.51' x 9.84'Vinyl Floor, Closet, Window
KitchenBsmt9.19' x 25.59'Eat-In Kitchen, Marble Floor, Pot Lights
Prim BdrmBsmt8.53' x 9.84'Closet, Vinyl Floor, 4 Pc Bath
2nd BrBsmt11.15' x 11.81'Closet, Vinyl Floor, Pot Lights
3rd BrBsmt8.53' x 9.84'Closet, Vinyl Floor, Pot Lights
Scarborough Market Statistics
Scarborough Price Trend
56 Bow Valley Dr is a 3-bedroom 4-bathroom home listed for sale at $899,000, which is $441,231 (32.9%) lower than the average sold price of $1,340,231 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $48,647 (3.8%) compared to the previous 30 day period (August 6 - September 4) and down $26,417 (1.9%) from the same time one year ago.
Inventory Change
There were 1,342 3-bedroom homes listed in Scarborough over the last 30 days (September 5 - October 4), which is up 132.2% compared with the previous 30 day period (August 6 - September 4) and up 10.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $13,596 (1.0%) above asking price over the last 30 days (September 5 - October 4), which represents a $20,257 increase compared to the previous 30 day period (August 6 - September 4) and $34,084 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 (September 5 - October 4) stood at 41.0%, down from 65.7% over the previous 30 days (August 6 - September 4) and up from 39.2% 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 16 days when successfully sold over the last 30 days (September 5 - October 4), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Future Realty Inc.
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