103 Morbank Dr

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103 Morbank Dr, Scarborough
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4 + 3
BEDROOMS
4
BATHROOMS
1
KITCHENS
10 + 4
ROOMS
E4161469
MLSID
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Property Description
Italian Built Home Enclosed In L'amoreaux North Park & Recreation Centre. Extensive Living Space+Finished Basement With 2 Separate Entrance. Modified Layout With Oversized Family Room. Premium Corner Lot (Note Lot Size). Cathedral Ceiling Foyer Open Staircase To Basement. Spacious Laundry Room. Hardwwood & Ceramic Floor Under Broadloom. Fine Workmanship - 2 Stone Fireplace, 2 Cold Cellar, Plywood Subfloor, Plaster Ceiling & Wall. Same Owner Since 1983.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-08-12 2019-09-27 46 $1,450,000 $1,345,000 Sold
Extras
New "Carrier" High Efficiency Gas Furnace. 2015 Cvac, 2014 Shingles + Oversized Eavestrough & Downspout. Extra Insulation Added In Attic. Newer Vinyl Windows. Wet Bar W/Glass Shelves. Existing Appliances & Heated Driveway (Work But As Is).
Property Features
Fenced Yard, Park, Public Transit, Rec Centre, School, Wooded/Treed
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
59' x 109'
Lot Irregularities
Rear 97.51' X 101.9' (East) Premium Lot
Fronting
South
Taxes
$5,937 (2018)
Basement
Sep Entrance, Walk-Up
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingGround12.96' x 18.67'Hardwood Floor, Plaster Ceiling, Bow Window
DiningGround12.96' x 12.96'Hardwood Floor, Plaster Ceiling, Window
FamilyGround15.65' x 21.49'Hardwood Floor, Stone Fireplace, W/O To Yard
KitchenGround10.66' x 10.99'Ceramic Floor, Breakfast Area, Window
BreakfastGround10.66' x 11.32'Ceramic Floor, Sliding Doors, W/O To Yard
LaundryGround9.48' x 14.27'Ceramic Floor, Closet, Side Door
Master2nd12.96' x 21.33'Hardwood Floor, W/I Closet, 5 Pc Ensuite
2nd Br2nd12.30' x 13.94'Hardwood Floor, Closet, Window
3rd Br2nd11.68' x 13.94'Hardwood Floor, Closet, Window
4th Br2nd10.33' x 10.99'Hardwood Floor, Closet, Window
5th BrBsmt9.97' x 10.33'Ceramic Floor, Closet, 3 Pc Bath
RecBsmt29.04' x 29.04'Wet Bar, Stone Fireplace, W/O To Yard
Scarborough Market Statistics
Scarborough Price Trend
103 Morbank Dr is a 4-bedroom 4-bathroom home listed for sale at $1,480,000, which is $560,658 (27.5%) lower than the average sold price of $2,040,658 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $44,559 (2.1%) compared to the previous 30 day period (February 25 - March 25) and up $3,138 (0.2%) from the same time one year ago.
Inventory Change
There were 556 4-bedroom homes listed in Scarborough over the last 30 days (March 26 - April 24), which is up 18.3% compared with the previous 30 day period (February 25 - March 25) and up 7.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold $23,977 (1.2%) above asking price over the last 30 days (March 26 - April 24), which represents a $14,321 increase compared to the previous 30 day period (February 25 - March 25) and $33,654 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 4-bedroom homes in Scarborough over the last 30 days (March 26 - April 24) stood at 56.8%, up from 50.9% over the previous 30 days (February 25 - March 25) and down from 58.4% 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 16 days when successfully sold over the last 30 days (March 26 - April 24), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty Inc., Brokerage
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