216 Lee Ave

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216 Lee Ave, Scarborough
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5
BEDROOMS
6
BATHROOMS
1
KITCHENS
9
ROOMS
E3958123
MLSID
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Property Description
Understated Elegance, Opening To Modern Grandeur In This Architecturally Designed Example Of Boutique Living For The Executive Family. With Five Bedrooms Over Five Levels Above Ground, There Is No Shortage Of Space, Quality, Or Excellence In Design Throughout This Show Piece Home. Integrated Smart Electronic Features, Private Parking And Built In Garage And Breathtaking City Views Available In The Heart Of The Beach.
Extras
B/I Speakers, Winks Auto Lighting Sys, 2 Hi-Eff. Furnaces, 2 A/C Units, Tankless Water Heater, Cvac, Gas Stove, Fridge, Micro, Dishwasher, Washer, Dryer, Fibre Glass Garage Door W/Temp Control. Excl: Sound Sys & Tv.
Property Details
Street
Community
Property Type
Detached, 3-Storey
Lot Size
25' x 102'
Fronting
West
Taxes
$2,178 (2016)
Basement
None
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
KitchenMain11.68' x 13.48'Stainless Steel Appl, Floating Stairs, Combined W/Dining
DiningMain12.43' x 17.95'Gas Fireplace, O/Looks Backyard, Window Flr To Ceil
FamilyIn Betwn16.40' x 19.82'B/I Bookcase, Gas Fireplace, W/O To Deck
Br2nd9.97' x 12.40'Hardwood Floor, Double Closet, 3 Pc Ensuite
2nd Br2nd9.48' x 14.90'Hardwood Floor, Double Closet
3rd Br2nd9.15' x 16.40'Hardwood Floor, Double Closet
Master3rd13.16' x 15.75'B/I Closet, W/O To Balcony, 5 Pc Ensuite
BrGround9.94' x 12.34'Hardwood Floor
RecGround12.86' x 16.17'Hardwood Floor, Pot Lights, W/O To Yard
Scarborough Market Statistics
Scarborough Price Trend
216 Lee Ave is a 5-bedroom 6-bathroom home listed for sale at $2,880,000, which is $306,761 (11.9%) higher than the average sold price of $2,573,239 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 5 bedroom home in Scarborough increased by $148,007 (6.1%) compared to the previous 30 day period (February 25 - March 25) and down $376,693 (12.8%) from the same time one year ago.
Inventory Change
There were 127 5-bedroom homes listed in Scarborough over the last 30 days (March 26 - April 24), which is up 12.4% compared with the previous 30 day period (February 25 - March 25) and up 18.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Scarborough typically sold ($45,606) (1.8%) below asking price over the last 30 days (March 26 - April 24), which represents a $10,919 decrease compared to the previous 30 day period (February 25 - March 25) and ($12,819) 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 5-bedroom homes in Scarborough over the last 30 days (March 26 - April 24) stood at 48.8%, down from 49.6% over the previous 30 days (February 25 - March 25) and down from 57.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 6-bathroom home in Scarborough stood at 15 days when successfully sold over the last 30 days (March 26 - April 24), compared to 64 days before being removed from the market upon being suspended or terminated.
Listing contracted with Union Realty Brokerage Inc., Brokerage
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