75 Magnolia Ave
Kennedy Park, Scarborough, M1K 3K3
FOR SALE
$1,399,000
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4 + 1
BEDROOMS3
BATHROOMS1 + 1
KITCHENS8 + 3
ROOMSE10339224
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Property Description
Discover this stunning 4-bedroom, 3-bathroom home, thoughtfully designed for modern family living. This property features two studio apartments in the basement Tenant pays $3100 for main floor and second flr, offering great income potential or additional space for family and guests. Enjoy large, 4 comfortable bedrooms that provide plenty of space. Spiral oak staircase with skylight. Just a short walk from Scarborough GO and TTC transit options. Numerous parks and schools within walking distance, this home is perfect for families looking for convenience and community. Don't miss the opportunity to own this beautiful home in a fantastic location!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-11-22 | 2022-12-22 | 30 | $2,850 | $2,850 | Leased |
Extras
Fridge, Stove, Dishwasher, Microwave, Washer, Dryer, All Existing Window Coverings, All Existing ELF's
Nearby Intersections
Property Features
Library, Park, Place Of Worship, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
27' x 152'
Fronting
East
Taxes
$4,531 (2023)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 15.88' x 25.62' | Hardwood Floor, Large Window |
Dining | Main | 10.50' x 16.90' | Hardwood Floor, Window |
Family | Main | 10.83' x 14.01' | Hardwood Floor, Picture Window |
Kitchen | Main | 10.30' x 17.22' | Granite Counter, Backsplash, Walk-Out |
Br | 2nd | 7.22' x 10.83' | Hardwood Floor, Large Window, Large Closet |
Prim Bdrm | 2nd | 11.61' x 17.55' | Hardwood Floor, Large Window |
Br | 2nd | 8.69' x 15.75' | Hardwood Floor, Large Window |
Br | 2nd | 10.30' x 17.22' | Hardwood Floor, Window |
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Scarborough Market Statistics
Scarborough Price Trend
75 Magnolia Ave is a 4-bedroom 3-bathroom home listed for sale at $1,399,000, which is $511,083 (26.8%) lower than the average sold price of $1,910,083 in the last 30 days (October 17 - November 15). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $91,446 (4.6%) compared to the previous 30 day period (September 17 - October 16) and down $118,180 (5.8%) from the same time one year ago.Inventory Change
There were 447 4-bedroom homes listed in Scarborough over the last 30 days (October 17 - November 15), which is down 40.3% compared with the previous 30 day period (September 17 - October 16) and down 15.5% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($39,092) (2.0%) below asking price over the last 30 days (October 17 - November 15), which represents a $18,842 decrease compared to the previous 30 day period (September 17 - October 16) and ($49,818) more 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 (October 17 - November 15) stood at 66.2%, up from 40.1% over the previous 30 days (September 17 - October 16) and up from 45.0% 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 22 days when successfully sold over the last 30 days (October 17 - November 15), compared to 48 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Ultimate Realty Inc.
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