71 Invermarge Dr

FOR SALE
$1,688,000
71 Invermarge Dr, Scarborough
71 Invermarge Dr
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
10 + 1
ROOMS
E8437166
MLSID
Contact Us
Property Description
This beautiful, top-quality home was built by Reixach Homes and is in a highly desirable enclave in the Centennial community of south-east Scarborough. It offers a total of approx. 4500 square feet of living space. The bright open concept foyer has a huge skylight that allows the sun and daylight to drench the whole home with brightness all day long. The oak spiral staircase is open across all 3 levels giving a beautiful open concept feel. The main floor family room with a gas fireplace has an attached office/den and a walkout to the private backyard. The combined living and dining rooms have gleaming strip hardwood floors, crown molding, a beautiful bow window and several French doors. The bright updated kitchen has a spacious eat-in area and a walkout to the backyard. The master bedroom offers 2 His & Her's walk-in closets and a huge ensuite with a skylight that makes it feel like you're outdoor.
Extras
Numerous upgrades include: Carpeting (may 2022), Main floor windows and doors (2019), Kitchen Updated (2018), Roof Re-shingled (2015), Furnace & AC (2009), Central Vac System (2022)
Property Details
Property Type
Detached, 2-Storey
Lot Size
51' x 120'
Fronting
East
Taxes
$6,337 (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
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain12.47' x 16.40'Hardwood Floor, Crown Moulding, Combined W/Dining
DiningMain11.48' x 14.11'Hardwood Floor, Crown Moulding, Combined W/Living
KitchenMain12.80' x 19.03'Updated, Eat-In Kitchen, W/O To Yard
FamilyMain12.80' x 17.39'Parquet Floor, Glass Block Window, W/O To Yard
DenMain9.84' x 12.14'Combined W/Family, Window, Parquet Floor
LaundryMain7.15' x 7.28'W/O To Yard, W/O To Garage
Prim Bdrm2nd12.47' x 18.04'4 Pc Ensuite, Broadloom, His/Hers Closets
2nd Br2nd11.81' x 13.45'Broadloom, Double Closet
3rd Br2nd12.47' x 13.12'Broadloom, Double Closet
4th Br2nd12.14' x 13.12'Broadloom, Double Closet
RecBsmt22.87' x 31.63'Laminate, Electric Fireplace, L-Shaped Room
Scarborough Market Statistics
Scarborough Price Trend
71 Invermarge Dr is a 4-bedroom 3-bathroom home listed for sale at $1,688,000, which is $356,993 (17.5%) lower than the average sold price of $2,044,993 in the last 30 days (May 31 - June 29). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $132,691 (6.1%) compared to the previous 30 day period (May 1 - May 30) and up $5,408 (0.3%) from the same time one year ago.
Inventory Change
There were 665 4-bedroom homes listed in Scarborough over the last 30 days (May 31 - June 29), which is down 6.1% compared with the previous 30 day period (May 1 - May 30) and up 4.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold $2,345 (0.1%) above asking price over the last 30 days (May 31 - June 29), which represents a $24,604 decrease compared to the previous 30 day period (May 1 - May 30) and $44,892 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 (May 31 - June 29) stood at 41.2%, down from 46.2% over the previous 30 days (May 1 - May 30) and down from 63.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Scarborough stood at 17 days when successfully sold over the last 30 days (May 31 - June 29), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Regal Realty Inc.
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