7 Southmead Rd

FOR SALE
$1,029,000
7 Southmead Rd, Scarborough
7 Southmead Rd
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
E9377897
MLSID
Contact Us
Property Description
Move Right In To This Fabulous Family Home On Southmead Road. Renovated And Updated By Original Owner Over The Years And The Pride Of Ownership Clearly Makes This Meticulous Home Move In Ready! Renovated Kitchen With Quartz Countertops And Glass Back Splash, Heated Ceramic Floor, Under Mount Sink, Soft Close Cabinetry And Stainless Steel Appliances. Walk Out From Kitchen Through Sun Filled Porch To The Back Yard Garden Oasis With Glass Railed No Maintenance Deck Along With Interlock Patio, Gas BBQ Line And A Lot That Widens To 90 Feet! Separate Living, Dining And Third Bedroom/Family Room On Main Floor Along With A Four Piece Renovated Bathroom. Two Oversized Bedrooms On The Second Floor With Lots Of Storage And A Second Renovated Four Piece Bathroom. Finished Basement With Recreation Room And Office. Family Friendly Clairlea-Birchmount With TTC At Your Doorstep, Eglinton LRT, Shopping, Parks And So Much More. Perfect For Families To Move Right In!
Extras
Renovated Kitchen W/ Heated Floors, Gas BBQ Line, Premium Lot Widens To 90 Feet In Rear W/ Additional Space Behind Garage, Renovated Bathrooms, California Shutters, Dog Washing Station In Basement. 3/4' Water Line.
Nearby Intersections
Property Details
Property Type
Detached, 1 1/2 Storey
Lot Size
40' x 132'
Lot Irregularities
WIDENS IN REAR TO 90.02 FT
Fronting
West
Taxes
$4,928 (2024)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingGround12.34' x 15.03'O/Looks Garden, Large Window, California Shutters
DiningGround8.89' x 12.11'Separate Rm, California Shutters, Closet
KitchenGround10.10' x 10.79'Quartz Counter, Stainless Steel Appl, Heated Floor
3rd BrGround10.20' x 11.35'California Shutters, Ceiling Fan, Closet
Prim Bdrm2nd15.49' x 17.59'Hardwood Floor, His/Hers Closets, California Shutters
2nd Br2nd11.98' x 17.59'Hardwood Floor, California Shutters, Closet
RecBsmt11.81' x 14.76'Finished, Broadloom, Gas Fireplace
UtilityBsmt10.53' x 19.32'Concrete Floor, B/I Shelves, Laundry Sink
Scarborough Market Statistics
Scarborough Price Trend
7 Southmead Rd is a 3-bedroom 2-bathroom home listed for sale at $1,029,000, which is $314,656 (23.4%) lower than the average sold price of $1,343,656 in the last 30 days (September 4 - October 3). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $51,581 (4.0%) compared to the previous 30 day period (August 5 - September 3) and down $16,467 (1.2%) from the same time one year ago.
Inventory Change
There were 1,346 3-bedroom homes listed in Scarborough over the last 30 days (September 4 - October 3), which is up 159.8% compared with the previous 30 day period (August 5 - September 3) and up 14.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $14,924 (1.1%) above asking price over the last 30 days (September 4 - October 3), which represents a $22,099 increase compared to the previous 30 day period (August 5 - September 3) and $32,922 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 4 - October 3) stood at 40.0%, down from 70.8% over the previous 30 days (August 5 - September 3) and up from 38.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Scarborough stood at 16 days when successfully sold over the last 30 days (September 4 - October 3), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Forest Hill Real Estate Inc.
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