31 Colonial Ave

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31 Colonial Ave, Scarborough
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 2
ROOMS
E3337969
MLSID
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Property Description
Beautiful Home On Large Building Lot, 3 Bedroom 2 Bath Bungalow,3rd Bedroom Direct Walkout To Deck/Backyard, 3rd Bedroom Is Being Used As Dining Room,Can Be Converted Back To 3rd Bedroom. Beautiful Landscaping With Waterfall, Large Backyard, Pleasant Upgrades Through-Out At The House, Finished Basement With Separate Entrance, Surrounded By Large Homes, Pride Of Ownership Inside & Out. A Must See!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-06-22 2022-06-26 4 $999,000 $1,080,000 Sold
2022-05-05 2022-06-23 49 $1,099,999 - Terminated
2022-03-19 2022-04-21 33 $2,290 - Terminated
Extras
Central Vacuum,Central Air, Fridge, Stove, Washer & Dryer ( 2015), All Electric Light Fixtures & Window Coverings.
Property Features
Grnbelt/Conserv, Park, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
71' x 94'
Fronting
South
Taxes
$2,434 (2015)
Basement
Finished, Sep Entrance
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain14.11' x 20.44'Hardwood Floor, Picture Window, Combined W/Dining
DiningMain14.11' x 20.44'Hardwood Floor, Picture Window, Combined W/Living
KitchenMain10.01' x 10.01'Modern Kitchen, Centre Island
MasterMain11.65' x 12.04'Hardwood Floor, Double Closet
2nd BrMain10.01' x 10.01'Hardwood Floor, Double Closet
3rd BrMain9.02' x 10.66'Hardwood Floor, Closet, W/O To Deck
RecBsmt12.01' x 31.99'2 Pc Bath, Dry Bar
BrBsmt9.84' x 10.50'Window
Scarborough Market Statistics
Scarborough Price Trend
31 Colonial Ave is a 3-bedroom 2-bathroom home listed for sale at $599,000, which is $759,460 (55.9%) lower than the average sold price of $1,358,460 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $35,128 (2.7%) compared to the previous 30 day period (February 19 - March 19) and down $27,803 (2.0%) from the same time one year ago.
Inventory Change
There were 958 3-bedroom homes listed in Scarborough over the last 30 days (March 20 - April 18), which is up 18.3% compared with the previous 30 day period (February 19 - March 19) and up 32.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $84,921 (6.3%) above asking price over the last 30 days (March 20 - April 18), which represents a $15,533 increase compared to the previous 30 day period (February 19 - March 19) and $63,774 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 20 - April 18) stood at 70.1%, up from 65.4% over the previous 30 days (February 19 - March 19) and down from 73.6% 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 20 - April 18), compared to 37 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Leading Edge Realty Inc., Brokerage
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FOR SALE
Welcome to your charming oasis nestled in the heart of the vibrant Oakwood Village neighbourhood! This diamond in the rough presents a delightful opportunity to own a cozy two-bedroom 2 store w/ . With ample natural light streaming through the windows, the living spaces feel bright & airy. The main floor boasts a functional layout w/ a cozy living room, a well-appointed kitchen, perfect for small families or couples seeking a condo alternative & serene retreat. Convenience is key w/ this property, as it sits ideally between the St. Clair streetcar line & the eagerly anticipated Eglinton Subway-LRT, providing easy access to all corners of the city. Say goodbye to the hustle & bustle of condo living & embrace the tranquility of your own fenced backyard, ideal for a summer bbq or quiet relaxation. Parking is a breeze w/ the added convenience of a legal front parking pad, ensuring you always have a designated spot available.
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