18 Penzance Dr

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18 Penzance Dr, Scarborough
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3
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
E3899558
MLSID
Contact Us
Property Description
Welcome To 18 Penzance!! Cozy 3 Bedroom Bungalow W/Sep. Side Entrance For Potential In-Law Suite, This Sun-Filled Home Features A Spacious Updated Kitchen, Updated Washroom, Refinished Hardwood Floors, Large Principal Rooms, And An Expansive 40X125 Foot Lot With A Tranquil Backyard. Excellent Opportunity For First-Time Buyers. Close Proximity To Ttc, Parks, And Amenities/Schools
Extras
All Elf's, Window Coverings, S/S Fridge, Stove, Clothes Washer & Clothes Dryer. Central A/C (2013), Furnace (2013), Roof & Eaves (2016), Hwt (Rental)
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, School
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
40' x 125'
Fronting
North
Taxes
$2,625 (2016)
Basement
Full, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.47' x 18.67'Hardwood Floor, Fireplace, Large Window
DiningMain7.71' x 9.84'Hardwood Floor, Open Concept, Crown Moulding
KitchenMain9.35' x 12.47'Ceramic Floor, Eat-In Kitchen, Large Window
MasterMain10.50' x 12.63'Hardwood Floor, O/Looks Backyard, Closet
2nd BrMain9.02' x 12.80'Hardwood Floor, O/Looks Backyard, Closet
3rd BrMain9.19' x 10.50'Hardwood Floor, Large Window, Closet
RecBsmt11.48' x 25.59'Dry Bar, Window
Scarborough Market Statistics
Scarborough Price Trend
18 Penzance Dr is a 3-bedroom 1-bathroom home listed for sale at $649,000, which is $702,120 (52.0%) lower than the average sold price of $1,351,120 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $39,071 (3.0%) compared to the previous 30 day period (January 28 - February 26) and up $9,550 (0.7%) from the same time one year ago.
Inventory Change
There were 836 3-bedroom homes listed in Scarborough over the last 30 days (February 27 - March 27), which is up 35.7% compared with the previous 30 day period (January 28 - February 26) and up 28.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $79,406 (5.9%) above asking price over the last 30 days (February 27 - March 27), which represents a $34,705 increase compared to the previous 30 day period (January 28 - February 26) and $44,425 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 27 - March 27) stood at 70.0%, down from 70.9% over the previous 30 days (January 28 - February 26) and down from 75.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Scarborough stood at 13 days when successfully sold over the last 30 days (February 27 - March 27), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Corbo & Kelos Group Realty Ltd., Brokerage
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