87 Merryfield Dr

FOR SALE
$1,149,000
87 Merryfield Dr, Scarborough
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
E11943195
MLSID
Contact Us
Property Description
Stunning 4-Bedroom, 2-Storey Home on a Spacious 42 x 125 ft Lot! This meticulously maintained property showcases "Pride of Ownership" with a bright, open-concept floor plan designed for both entertaining and everyday living. The expansive kitchen features modern appliances, granite countertops, and a large island perfect for gathering with family and friends. The elegant primary suite offers a serene retreat with a large walk-in closet. Three additional well-appointed bedrooms provide flexibility for family, guests, a nursery, home office, or gym. The spacious basement, with a separate entrance, offers endless possibilities - family room, additional bedroom, playroom, gym, or in-law suite with potential for a separate basement apartment. Step outside to your private backyard oasis, complete with a patio and garden, basking in all-day southern sun exposure ideal for outdoor dining and relaxation. Additional highlights include a carport, hardwood floors, and central air conditioning. Nestled in a peaceful, family-friendly neighbourhood, this home is conveniently located near top-rated schools, parks, shopping, and dining. A fantastic opportunity as a dream home or an income-generating rental/Airbnb investment. EXTRAS Large south-facing backyard perfect for future possibilities!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-11-28 2025-01-28 61 $1,188,000 - Terminated
2024-05-24 2024-08-12 82 $1,249,000 - Suspended
2024-03-22 2024-05-23 62 $1,299,900 - Terminated
2024-03-22 2024-05-02 41 $1,188,000 - Suspended
2024-03-04 2024-03-22 18 $1,299,900 - Terminated
Nearby Intersections
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
42' x 125'
Fronting
South
Taxes
$3,709 (2024)
Basement
Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Carport
Room Summary
RoomLevelSizeFeatures
LivingMain52.82' x 74.80'Combined W/Dining, Hardwood Floor, Large Window
DiningMain52.82' x 74.80'Combined W/Kitchen, Hardwood Floor, Large Window
KitchenMain52.82' x 74.80'Combined W/Dining, Centre Island, Stainless Steel Appl
Br2nd49.87' x 51.18'W/I Closet, Large Window, Hardwood Floor
2nd Br2nd40.35' x 49.54'Closet, Hardwood Floor
3rd BrMain29.20' x 36.45'Closet, Hardwood Floor
4th BrMain29.20' x 36.45'Closet, Hardwood Floor
FamilyLower67.59' x 110.89'Combined W/Laundry
LaundryLower67.59' x 110.89'Combined W/Family
Scarborough Market Statistics
Scarborough Price Trend
87 Merryfield Dr is a 4-bedroom 2-bathroom home listed for sale at $1,149,000, which is $726,711 (38.7%) lower than the average sold price of $1,875,711 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Scarborough increased by $183,887 (10.9%) compared to the previous 30 day period (December 22 - January 20) and down $46,763 (2.4%) from the same time one year ago.
Inventory Change
There were 466 4-bedroom homes listed in Scarborough over the last 30 days (January 21 - February 19), which is up 87.9% compared with the previous 30 day period (December 22 - January 20) and up 30.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold $7,351 (0.4%) above asking price over the last 30 days (January 21 - February 19), which represents a $37,018 increase compared to the previous 30 day period (December 22 - January 20) and ($17,969) 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 (January 21 - February 19) stood at 38.0%, down from 43.5% over the previous 30 days (December 22 - January 20) and down from 52.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Scarborough stood at 24 days when successfully sold over the last 30 days (January 21 - February 19), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Advantage Realty
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