98 Spruce Hill Rd

FOR SALE
$2,899,999
98 Spruce Hill Rd, Scarborough
98 Spruce Hill Rd
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4
BEDROOMS
4
BATHROOMS
1
KITCHENS
9
ROOMS
E9310301
MLSID
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Property Description
A beautifully renovated home located on one of the prettiest streets in the Beach! The welcoming front porch, perfect for your morning coffee, invites you into a bright, open-concept living/dining room with wide-plank white oak floors, a wood-burning fireplace, powder room, and a thoughtfully designed chefs kitchen with custom millwork, loads of storage and a large center island. Enjoy the most amazing West-facing sunset views over the treetops, from the wall-to-wall, floor-to-ceiling sliding French doors that lead to the deck and private backyard. On the second floor you will find a serene, modern primary bedroom with a spa-like four-piece ensuite and a spacious walk-in closet. Down the hallway is a cozy bedroom with a large built-in closet, overlooking the backyard plus a four-piece bathroom with a built-in laundry chute to the lower level. The third floor features two additional bedrooms with large built-in closets and lovely lush views of the mature trees and gardens. The bright, above-grade lower level with 10-foot ceilings, and family room with a wet bar is the perfect transitional indoor/outdoor hang-out space. The lower level also includes an additional bathroom, enclosed laundry room, mudroom with built-in closets and wall-to-wall french doors that walk out to a patio, professionally landscaped garden and two-car rear lane parking. Steps to Balmy Beach Community School, all the shops, restaurants and amenities on Queen Street East and just a short stroll to the Beach and Boardwalk. Enjoy cottage-like views in the heart of The Beach!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-10 2024-10-24 14 $9,000 - Terminated
2021-09-14 2021-09-15 1 $2,998,000 $3,250,000 Sold
Extras
Foundation and steel support posts are in place for future carport. Storage shed has electricity, EV charger can easily be installed. All mechanicals, electrical, plumbing were updated in 2018. Plumbing has been run to third floor.
Nearby Intersections
Property Features
Beach, Fenced Yard, Park, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Detached, 3-Storey
Lot Size
25' x 120'
Fronting
West
Taxes
$10,788 (2024)
Basement
Finished, W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.01' x 14.50'Hardwood Floor, Recessed Lights, Fireplace
DiningMain9.68' x 17.32'B/I Shelves, Recessed Lights, W/O To Deck
KitchenMain9.32' x 12.99'Stainless Steel Appl, Centre Island, Breakfast Bar
Prim Bdrm2nd12.01' x 10.33'5 Pc Ensuite, W/I Closet, Bay Window
2nd Br2nd7.41' x 14.60'Hardwood Floor, Large Closet, O/Looks Garden
3rd Br3rd11.25' x 12.17'Hardwood Floor, Vaulted Ceiling, Closet
4th Br3rd13.25' x 14.24'Hardwood Floor, Vaulted Ceiling, O/Looks Garden
FamilyLower17.59' x 23.65'Wet Bar, French Doors, W/O To Patio
LaundryLower6.00' x 6.33'Marble Floor, Laundry Sink, Recessed Lights
Scarborough Market Statistics
Scarborough Price Trend
98 Spruce Hill Rd is a 4-bedroom 4-bathroom home listed for sale at $2,899,999, which is $995,942 (52.3%) higher than the average sold price of $1,904,057 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $84,958 (4.3%) compared to the previous 30 day period (September 21 - October 20) and down $159,815 (7.7%) from the same time one year ago.
Inventory Change
There were 546 4-bedroom homes listed in Scarborough over the last 30 days (October 21 - November 19), which is down 22.7% compared with the previous 30 day period (September 21 - October 20) and up 20.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($35,760) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $7,729 decrease compared to the previous 30 day period (September 21 - October 20) and ($76,652) 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 21 - November 19) stood at 54.6%, up from 40.1% over the previous 30 days (September 21 - October 20) and up from 47.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Scarborough stood at 22 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with Union Realty Brokerage Inc.
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