85 Laurel Ave
Kennedy Park, Scarborough, M1K 3J8
FOR SALE
$1,035,000
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Property Description
This family home in the Kennedy Park neighborhood features 3+1 bedrooms and 3 bathrooms. Located on a corner lot your fully fenced backyard is a private oasis with fruit trees and a patio. You'll live on a quieter street but are close to major intersections and travel corridors. A functional floor plan makes it easy to be with friends and family. The main floor has a living room, dining room and spacious kitchen with abundant storage and counter space. on the second floor your 3 bedrooms are close together. Above that a loft with a washroom provides a flexible space for whatever suits your lifestyle (bedroom, office, playroom) .The smart home connectivity allows you to remotely control the temperature, lights and blinds. .Take advantage of all the natural light or use the black-out blinds to cozy up to a movie. Area amenities are plentiful; schools, green spaces, playgrounds, a splash park, restaurants from around the world and regional grocery stores mean you don't have to leave!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-12-02 | 2024-12-18 | 16 | $1,178,000 | - | Terminated |
Extras
A commuter's dream, transit options are within walking distance and you are only 20-minute drive to downtown. Recent mechanical upgrades include a new furnace in 2021 and a tankless hot water system this year.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
25' x 104'
Fronting
East
Taxes
$3,634 (2024)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.38' x 14.01' | |
| Dining | Main | 11.22' x 11.38' | |
| Kitchen | Main | 10.50' x 13.48' | |
| Prim Bdrm | 2nd | 11.38' x 11.81' | |
| 2nd Br | 2nd | 10.93' x 11.32' | |
| 3rd Br | 2nd | 8.20' x 14.44' |
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Scarborough Market Statistics
Scarborough Price Trend
85 Laurel Ave is a 3-bedroom 3-bathroom home listed for sale at $1,035,000, which is $157,712 (13.2%) lower than the average sold price of $1,192,712 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $86,213 (6.7%) compared to the previous 30 day period (November 19 - December 18) and down $60,928 (4.9%) from the same time one year ago.Inventory Change
There were 319 3-bedroom homes listed in Scarborough over the last 30 days (December 19 - January 17), which is down 33.8% compared with the previous 30 day period (November 19 - December 18) and up 27.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold ($7,431) (0.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,931 decrease compared to the previous 30 day period (November 19 - December 18) and ($28,262) 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 3-bedroom homes in Scarborough over the last 30 days (December 19 - January 17) stood at 61.8%, down from 100.8% over the previous 30 days (November 19 - December 18) and down from 83.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Scarborough stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Experts
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