40 Lofthouse Sq

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40 Lofthouse Sq, Scarborough
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3 + 2
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
6 + 4
ROOMS
E4042093
MLSID
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Property Description
Great Ranch Style Bungalow! Location! Amazing Opportunity To Invest & Live In! Very Desirable Area! Close To Park, Schools, Ttc, Hwys, Library, Hospital, Shopping, Etc. Separate Entrance To 2nd Unit. Basement With Kitchen/Living/Bath. Good Income. Make You Afford Living Cost In Expensive Large City Toronto!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-03-13 2019-04-30 48 $787,000 $750,000 Sold
Extras
2 Fridges, 2 Stoves, Washer/Dryer, Cac And All Existing Elfs. Buyer Or Buyer's Agent To Verify All Measurements And Taxes.
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
50' x 110'
Fronting
South
Taxes
$3,800 (2018)
Basement
Apartment, Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Abv Grnd
Parking Spaces
1
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain11.84' x 17.81'Bay Window, Parquet Floor
KitchenMain11.22' x 12.40'Ceramic Back Splash, Eat-In Kitchen
DiningMain10.40' x 10.99'L-Shaped Room, Open Concept, Parquet Floor
MasterMain11.48' x 11.15'2 Pc Ensuite, W/I Closet, Parquet Floor
2nd BrMain11.58' x 11.25'Casement Windows, Parquet Floor
3rd BrMain7.74' x 12.40'Casement Windows, Parquet Floor
KitchenBsmt11.58' x 13.98'Eat-In Kitchen
RecBsmt12.07' x 22.93'Laminate, Fireplace, Open Concept
BrBsmt12.07' x 16.67'Laminate
BrBsmt11.75' x 11.48'Laminate
Scarborough Market Statistics
Scarborough Price Trend
40 Lofthouse Sq is a 3-bedroom 3-bathroom home listed for sale at $879,900, which is $471,220 (34.9%) lower than the average sold price of $1,351,120 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $39,071 (3.0%) compared to the previous 30 day period (January 28 - February 26) and up $9,550 (0.7%) from the same time one year ago.
Inventory Change
There were 836 3-bedroom homes listed in Scarborough over the last 30 days (February 27 - March 27), which is up 35.7% compared with the previous 30 day period (January 28 - February 26) and up 28.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $79,406 (5.9%) above asking price over the last 30 days (February 27 - March 27), which represents a $34,705 increase compared to the previous 30 day period (January 28 - February 26) and $44,425 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 (February 27 - March 27) stood at 70.0%, down from 70.9% over the previous 30 days (January 28 - February 26) 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 13 days when successfully sold over the last 30 days (February 27 - March 27), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Forest Hill Real Estate Inc., Brokerage
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