22 Palk Lane

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22 Palk Lane, Scarborough
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4
BEDROOMS
3
BATHROOMS
1
KITCHENS
7
ROOMS
E3992659
MLSID
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Property Description
*Bight & Spacious Freehold Townhouse At Convenient Location*Original Owner*Newly Built Less Than 5 Years Old*10' Ceiling & Hardwood Flr In Main*California Shutters*Eat-In Kitchen Features Backsplash & W/O To Yard*Stainless Steels Appliances*R/I 3 Pcs In Bsmt*Perfect For First Time Buyer & Investor*Highly Accessible Location W/ Ttc At Doorsteps& Parks* Mins To Shopping Plazas W/ Walmart, Banks, Grocery, Gym, School, Restaurants & All Other Amenities*
Extras
Elfs, Window Coverings, Brdlm W/L, S.S. (Fridge, Stove, B/I Dishwasher), Washer, Dryer, Hi-Eff Furnace, Hwt(R) ,Cac, E. Thermostat, Heavy Duty Exh Fan (2017), Agdo+2 Remotes
Property Details
Street
Community
Property Type
Att/Row/Townhouse, 2-Storey
Lot Size
20' x 81'
Fronting
West
Taxes
$3,068 (2017)
Basement
Unfinished
Exterior
Brick
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
LivingGround11.29' x 14.99'Hardwood Floor
DiningGround9.97' x 16.86'Hardwood Floor
KitchenGround7.78' x 21.95'Ceramic Floor, Eat-In Kitchen, Backsplash
Master2nd9.97' x 21.65'Broadloom, 4 Pc Ensuite, W/I Closet
2nd Br2nd10.24' x 10.70'Broadloom, W/I Closet, Balcony
3rd Br2nd8.83' x 11.29'Broadloom, Closet
4th Br2nd11.25' x 12.47'Broadloom, Closet
Scarborough Market Statistics
Scarborough Price Trend
22 Palk Lane is a 4-bedroom 3-bathroom townhome listed for sale at $799,900, which is $454,233 (36.2%) lower than the average sold price of $1,254,133 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 4 bedroom townhome in Scarborough increased by $290,699 (30.2%) compared to the previous 30 day period (January 28 - February 26) and up $59,039 (4.9%) from the same time one year ago.
Inventory Change
There were 42 4-bedroom townhomes listed in Scarborough over the last 30 days (February 27 - March 27), which is up 35.5% compared with the previous 30 day period (January 28 - February 26) and down 10.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom townhomes in Scarborough typically sold $535 (0.0%) above asking price over the last 30 days (February 27 - March 27), which represents a $7,716 increase compared to the previous 30 day period (January 28 - February 26) and $68,785 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 townhomes in Scarborough over the last 30 days (February 27 - March 27) stood at 38.1%, down from 54.8% over the previous 30 days (January 28 - February 26) and down from 44.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom townhome in Scarborough stood at 33 days when successfully sold over the last 30 days (February 27 - March 27), compared to 43 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc., Brokerage
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