221 Island Rd

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221 Island Rd, Scarborough
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3
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 3
ROOMS
E3932692
MLSID
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Property Description
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-06-24 2023-06-29 5 $3,900 $4,000 Leased
2020-11-16 2020-11-24 8 $3,400 $3,400 Leased
2020-11-01 2020-11-23 22 $2,400 - Terminated
2020-08-19 2020-09-14 26 $949,000 - Terminated
2020-07-30 2020-08-19 20 $969,000 - Terminated
2020-06-30 2020-07-29 29 $989,000 - Terminated
2019-11-21 2020-03-01 101 $2,800 - Terminated
Property Features
Beach, Lake/Pond/River, Park, Rec Centre
Property Details
Street
Community
Property Type
Detached, Bungalow-Raised
Lot Size
50' x 230'
Fronting
South
Taxes
$3,240 (2017)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Pool
Inground
Parking Spaces
6
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain10.99' x 19.75'Hardwood Floor, Fireplace
KitchenMain10.43' x 14.01'Centre Island, Pot Lights, Stainless Steel Appl
DiningMain8.83' x 14.01'French Doors, Pot Lights
MasterMain9.09' x 13.68'Broadloom
2nd BrMain8.99' x 12.34'Broadloom
3rd BrMain8.99' x 8.92'Hardwood Floor
KitchenBsmt12.34' x 13.16'Centre Island, Pot Lights
RecBsmt12.66' x 20.41'Fireplace, Pot Lights
Scarborough Market Statistics
Scarborough Price Trend
221 Island Rd is a 3-bedroom 2-bathroom home listed for sale at $799,900, which is $569,879 (41.6%) lower than the average sold price of $1,369,779 in the last 30 days (March 24 - April 22). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $38,554 (2.9%) compared to the previous 30 day period (February 23 - March 23) and down $3,492 (0.3%) from the same time one year ago.
Inventory Change
There were 912 3-bedroom homes listed in Scarborough over the last 30 days (March 24 - April 22), which is up 13.3% compared with the previous 30 day period (February 23 - March 23) and up 26.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $81,790 (6.0%) above asking price over the last 30 days (March 24 - April 22), which represents a $14,107 increase compared to the previous 30 day period (February 23 - March 23) and $73,827 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 (March 24 - April 22) stood at 69.0%, up from 68.1% over the previous 30 days (February 23 - March 23) and down from 78.1% 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 13 days when successfully sold over the last 30 days (March 24 - April 22), compared to 37 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Estate Realty, Brokerage
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