98 Binswood Ave

FOR SALE
$1,099,000
98 Binswood Ave, Scarborough
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 4
ROOMS
E11977705
MLSID
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Property Description
Welcome to 98 Binswood Ave, an impeccably renovated home where all the work has already been done for you. This stunning property features 3+1 bedrooms and 3 full bathrooms, offering ample space for your family and guests. The open-concept main floor is a true showstopper, with a fully renovated kitchen boasting a sleek waterfall breakfast bar and a built-in dining area thats perfect for family meals or entertaining guests. The convenient mudroom with plenty of storage space adds to the functionality of this beautiful home.Enjoy the added benefit of a separate side entrance, providing your guests with the ultimate privacy and easy access to their own area of the house. The long, private driveway leads to a spacious garage, ensuring your car stays snow-free during the winter months. The fully fenced backyard offers the perfect retreat, while the large deck invites you to enjoy outdoor dining and relaxation.The principal bedroom is a serene sanctuary, featuring a walk-in closet and plenty of room for a king-sized bed, ensuring comfort and luxury. Charming leaded glass windows add character to the home, while the great curb appeal makes this house stand out from the rest. ***OPEN HOUSE SAT/ SUN 2-4***
Property Details
Community
Property Type
Detached, 1 1/2 Storey
Lot Size
36' x 102'
Fronting
West
Taxes
$5,980 (2024)
Basement
Sep Entrance
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
Scarborough Market Statistics
Scarborough Price Trend
98 Binswood Ave is a 3-bedroom 3-bathroom home listed for sale at $1,099,000, which is $193,598 (15.0%) lower than the average sold price of $1,292,598 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $71,412 (5.8%) compared to the previous 30 day period (December 22 - January 20) and down $8,210 (0.6%) from the same time one year ago.
Inventory Change
There were 676 3-bedroom homes listed in Scarborough over the last 30 days (January 21 - February 19), which is up 105.5% compared with the previous 30 day period (December 22 - January 20) and up 23.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $27,264 (2.1%) above asking price over the last 30 days (January 21 - February 19), which represents a $35,980 increase compared to the previous 30 day period (December 22 - January 20) and $32,657 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 (January 21 - February 19) stood at 52.8%, down from 53.2% over the previous 30 days (December 22 - January 20) and down from 73.4% 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 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Susan Gucci Realty
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