35 Magnolia Ave

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35 Magnolia Ave, Scarborough
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3 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
8 + 4
ROOMS
E3802286
MLSID
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Property Description
Location, Location, Location! Prestigious Kennedy Park Community - Highly Demand Neighbourhood. Renovated Throughout! New Appliances, Legal Carport, Double Car Garage, Steps To Go Train, Subway, 24/7 Bus Service, School, Shopping And More! Don't Miss Out! Potential Income Property.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-06-29 2021-07-23 24 $1,200,000 - Terminated
Extras
Steps To Go Train, Subway, & Ttc. L/B For Easy Showing. Open House July 23, 2-5 Pm. 2 Stove, 2 Fridge, Washer Dryer, All Electrical Light Fixtures. Offers Will Be Review Wednesday July 26 @ 7 Pm At Property If There Any.
Property Details
Community
Property Type
Detached, 2-Storey
Lot Size
40' x 104'
Fronting
East
Taxes
$2,511 (2016)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
Detached
Scarborough Market Statistics
Scarborough Price Trend
35 Magnolia Ave is a 3-bedroom 3-bathroom home listed for sale at $849,000, which is $509,460 (37.5%) 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 3-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 Public Choice Realty Inc., Brokerage
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