342* Lee Ave

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342* Lee Ave, Scarborough
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3
BEDROOMS
3
BATHROOMS
1
KITCHENS
8 + 2
ROOMS
E3661864
MLSID
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Property Description
*Property Being Sold Includes 342,346,348 & 350 Lee Avenue Huge 6469 Sq. Ft. Lot With Development Potential In Choice Beach Location, South Of Kingston Road. Includes A 3 Bedroom, 1450 Sq Ft Semi. Property Being Sold Under Power Of Sale & In "As Is" Condition
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-11-01 2022-02-01 92 $3,399,000 - Terminated
2021-07-05 2021-09-28 90 $3,399,000 - Expired
2021-02-26 2021-05-31 94 $3,490,000 - Expired
2020-11-24 2021-02-26 94 $3,890,000 - Terminated
Property Features
Beach, Library, Park, Public Transit, Rec Centre, School
Property Details
Street
Community
Property Type
Semi-Detached, 2-Storey
Lot Irregularities
Irregular As Per Survey
Fronting
West
Taxes
$5,167 (2016)
Basement
Fin W/O, Walk-Up
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Rt-Of-Way
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain12.80' x 20.01'Hardwood Floor, Fireplace, Large Window
DiningMain9.91' x 13.81'Hardwood Floor, French Doors, Large Window
KitchenMain8.86' x 12.80'Ceramic Floor, Updated, Eat-In Kitchen
SunroomMain7.35' x 13.32'Pantry, 2 Pc Bath, Large Window
Master2nd9.51' x 14.11'Hardwood Floor, W/I Closet, Walk-Thru
2nd Br2nd6.99' x 10.60'Hardwood Floor, Closet, Window
3rd Br2nd8.99' x 12.47'Hardwood Floor, Closet, Window
Sunroom2nd7.35' x 13.32'Hardwood Floor, Combined W/Master, Large Window
Scarborough Market Statistics
Scarborough Price Trend
342* Lee Ave is a 3-bedroom 3-bathroom home listed for sale at $1,595,000, which is $221,000 (16.1%) higher than the average sold price of $1,374,000 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $30,657 (2.3%) compared to the previous 30 day period (February 25 - March 25) and down $6,507 (0.5%) from the same time one year ago.
Inventory Change
There were 970 3-bedroom homes listed in Scarborough over the last 30 days (March 26 - April 24), which is up 21.1% compared with the previous 30 day period (February 25 - March 25) and up 30.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $81,370 (5.9%) above asking price over the last 30 days (March 26 - April 24), which represents a $13,128 increase compared to the previous 30 day period (February 25 - March 25) and $70,866 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 26 - April 24) stood at 68.1%, up from 68.0% over the previous 30 days (February 25 - March 25) and down from 75.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Scarborough stood at 12 days when successfully sold over the last 30 days (March 26 - April 24), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Advantage Realty, Brokerage
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