114 Magnolia Ave

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114 Magnolia Ave, Scarborough
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3 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
5 + 4
ROOMS
E4166655
MLSID
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Property Description
Stunning Corner Lot Bungalow On A Large Lot With Full Vinyl Fenced Yard. This Home Features Renovated With Three Bedrooms-New Roof, New Floor, New Washroom, New Insulation, New Appliances, Open Concept New Kitchen, New Vinyl Fence Gives You Full Family Privacy. Lower Level Contains Open Concept Kitchen With Two Bedrooms Apartment. Good Rental Income. All Updated. Walk To Bus Stops, School, Shopping , Grocery, Place For Worship, Restaurant, Parks, Mall & More
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-10-03 2021-12-12 70 $1,600 - Suspended
Extras
All Electric Light Fixtures, 2 New Fridges, 2 Stoves (1 New Gas), 2 Range Hoods, Washer And Dryer, Ac. Two Garden Shed, Swing, Hot Water Tank Rental.
Property Features
Clear View, Fenced Yard, Library, Park, Public Transit, School
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
32' x 104'
Lot Irregularities
Corner Lot
Fronting
West
Taxes
$2,010 (2018)
Basement
Apartment, Sep Entrance
Exterior
Alum Siding, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Carport
Room Summary
RoomLevelSizeFeatures
LivingMain14.76' x 12.80'Hardwood Floor, Combined W/Dining
DiningMain14.76' x 12.80'Hardwood Floor, Combined W/Living
MasterMain11.48' x 12.80'Hardwood Floor, Closet, Window
2nd BrMain11.48' x 10.50'Hardwood Floor, Closet
3rd BrMain9.84' x 11.48'Hardwood Floor, Open Concept, Window
KitchenMain10.83' x 12.47', Window
4th BrBsmt9.84' x 11.48'Ceramic Floor, Window
5th BrBsmt10.50' x 11.48'Laminate, Window
KitchenBsmt9.84' x 11.48'Laminate, Window, B/I Shelves
LivingBsmt9.84' x 11.48'Laminate
Scarborough Market Statistics
Scarborough Price Trend
114 Magnolia Ave is a 3-bedroom 2-bathroom home listed for sale at $695,000, which is $659,924 (48.7%) lower than the average sold price of $1,354,924 in the last 30 days (February 28 - March 28). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $44,722 (3.4%) compared to the previous 30 day period (January 29 - February 27) and up $500 (0.0%) from the same time one year ago.
Inventory Change
There were 842 3-bedroom homes listed in Scarborough over the last 30 days (February 28 - March 28), which is up 29.5% compared with the previous 30 day period (January 29 - February 27) and up 28.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $83,638 (6.2%) above asking price over the last 30 days (February 28 - March 28), which represents a $38,874 increase compared to the previous 30 day period (January 29 - February 27) and $52,888 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 (February 28 - March 28) stood at 70.7%, down from 71.7% over the previous 30 days (January 29 - February 27) and down from 75.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Scarborough stood at 12 days when successfully sold over the last 30 days (February 28 - March 28), compared to 41 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Miracle Realty Ltd, Brokerage
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