740 Kennedy Rd 3

FOR SALE
$789,900
740 Kennedy Rd 3, Scarborough
740 Kennedy Rd 3
740 Kennedy Rd 3
740 Kennedy Rd 3
740 Kennedy Rd 3
740 Kennedy Rd 3
740 Kennedy Rd 3
740 Kennedy Rd 3
740 Kennedy Rd 3
740 Kennedy Rd 3
740 Kennedy Rd 3
740 Kennedy Rd 3
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2 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
5 + 2
ROOMS
E10433935
MLSID
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Property Description
Discover the warmth and charm of this meticulously maintained 2+1 bedroom home, perfectly situated in one of Scarborough's most convenient and desirable neighbourhoods! This property offers a welcoming ambiance with wide, sun-filled windows throughout, ensuring natural light brightens every room and creates a lively, uplifting atmosphere.Step into the spacious dining room, which opens directly onto a cozy backyard deck your perfect spot to enjoy morning coffee, brunches, or evening relaxation with friends and family. The seamless indoor-outdoor flow makes it ideal for hosting gatherings or simply unwinding as you overlook the well-kept yard.The versatile basement is an entertainer's dream and also serves as a flexible space for multigenerational living, a private home office, or a personal gym! The layout has been thoughtfully designed to provide privacy and comfort for family members or guests, while still offering easy access to the main living areas.Located just steps away from Kennedy Station and Kennedy GO, this home makes commuting a breeze, whether you're heading downtown or exploring the surrounding area. Families will appreciate proximity to excellent schools like Corvette Public School and St. Maria Goretti Catholic School. Plus, you're surrounded by Scarborough's vibrant amenities from a fantastic selection of restaurants and shopping to serene parks, all within easy reach.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-20 2024-06-19 1 $789,000 $782,000 Sold
2024-04-24 2024-06-13 50 $749,900 - Suspended
Nearby Intersections
Property Details
Community
Property Type
Att/Row/Townhouse, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
17' x 80'
Fronting
West
Taxes
$2,640 (2024)
Basement
Finished
Exterior
Alum Siding, Brick Front
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.80' x 14.30'
DiningMain8.60' x 8.99'
KitchenMain7.68' x 8.99'
Prim Bdrm2nd9.84' x 12.80'
2nd Br2nd10.60' x 10.79'
BrBsmt8.53' x 11.02'
SittingBsmt11.09' x 12.80'
Scarborough Market Statistics
Scarborough Price Trend
740 Kennedy Rd 3 is a 2-bedroom 2-bathroom townhome listed for sale at $789,900, which is $29,498 (3.6%) lower than the average sold price of $819,398 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 2 bedroom townhome in Scarborough declined by $96,314 (10.5%) compared to the previous 30 day period (September 24 - October 23) and down $49,500 (5.7%) from the same time one year ago.
Inventory Change
There were 138 2-bedroom townhomes listed in Scarborough over the last 30 days (October 24 - November 22), which is down 17.9% compared with the previous 30 day period (September 24 - October 23) and down 4.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Scarborough typically sold $339 (0.0%) above asking price over the last 30 days (October 24 - November 22), which represents a $10,041 increase compared to the previous 30 day period (September 24 - October 23) and $12,211 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 2-bedroom townhomes in Scarborough over the last 30 days (October 24 - November 22) stood at 47.1%, up from 35.1% over the previous 30 days (September 24 - October 23) and up from 32.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Scarborough stood at 29 days when successfully sold over the last 30 days (October 24 - November 22), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Tony K Real Estate
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