28 Medley Cres

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28 Medley Cres, Scarborough
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3 + 2
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6
ROOMS
E4449357
MLSID
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Property Description
Oversized Bungalow In High Demand Bendale Community With Tons Of Potential! This Home Boasts 3 Spacious Bdrms, Newer Roof & Furnace. 2 Bedroom Basement Apartment W/Side Entrance. Huge Private Backyard Is A Gardeners Dream W/Tranquil Pond & Hot Tub. Steps To Ttc, Scarborough General Hospital & Bendale Acres Long-Term Care. Short Drive To Hwy 401, Scarborough Town Centre, Subway Stations & Only 20 Mins To Downtown Toronto!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-11-07 2019-12-08 32 $1,950 - Suspended
Extras
2 Fridges, 2 Stoves, 2 Washers, 1 Dryer. Hot Tub. All Electrical Light Fixtures, All Window Coverings. Hwt(R)
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
41' x 112'
Fronting
North
Taxes
$2,990 (2019)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Carport
Scarborough Market Statistics
Scarborough Price Trend
28 Medley Cres is a 3-bedroom 2-bathroom home listed for sale at $699,900, which is $677,156 (49.2%) lower than the average sold price of $1,377,056 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $34,715 (2.6%) compared to the previous 30 day period (February 26 - March 26) and down $15,208 (1.1%) from the same time one year ago.
Inventory Change
There were 970 3-bedroom homes listed in Scarborough over the last 30 days (March 27 - April 25), which is up 13.8% compared with the previous 30 day period (February 26 - March 26) and up 25.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $79,093 (5.7%) above asking price over the last 30 days (March 27 - April 25), which represents a $8,004 increase compared to the previous 30 day period (February 26 - March 26) and $73,624 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 27 - April 25) stood at 67.5%, up from 67.3% over the previous 30 days (February 26 - March 26) 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 (March 27 - April 25), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with Real Estate Bay Realty, Brokerage
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