8 Bailey Cres

FOR SALE
$969,800
8 Bailey Cres, Scarborough
8 Bailey Cres
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3 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 2
ROOMS
E9383268
MLSID
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Property Description
Totally Updated 3+1 Bedroom Bungalow * Hardwood Floors Thru-Out * Vinyl Floor in Basement * Separate Side Entrance to Finished Basement In-Law Suite with Kitchen, Rec Rm and 4 pc. Bath * 2 New Kitchens with Quartz Counters and Backsplash * 7 New Appliances * Updated Bathrooms * Updated Flooring * All New Doors * Pot Lights * 200 Amp Panel
Extras
New Stainless Steel (2 Fridges, 2 Stoves, Dishwasher) 2 Washers, 2 Dryers, Central Air, Garage Door Opener & Remotes, Light Fixtures
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
45' x 113'
Fronting
West
Taxes
$3,648 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain13.65' x 14.44'Hardwood Floor, Pot Lights
DiningMain9.84' x 10.60'Hardwood Floor, Pot Lights
KitchenMain9.91' x 11.06'Ceramic Floor, Quartz Counter, Stainless Steel Appl
Prim BdrmMain10.04' x 12.17'Hardwood Floor, Closet
2nd BrMain8.92' x 8.40'Hardwood Floor, Closet
3rd BrMain8.56' x 10.04'Hardwood Floor, Closet
RecBsmt11.32' x 13.81'Vinyl Floor, Pot Lights
KitchenBsmt9.78' x 17.42'Vinyl Floor, Quartz Counter, Pot Lights
Scarborough Market Statistics
Scarborough Price Trend
8 Bailey Cres is a 3-bedroom 2-bathroom home listed for sale at $969,800, which is $373,856 (27.8%) 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 Century 21 Percy Fulton Ltd.
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