440 Lake Front

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440 Lake Front, Scarborough
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4 + 1
BEDROOMS
4
BATHROOMS
1
KITCHENS
10 + 3
ROOMS
E3936941
MLSID
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Property Description
Hear The Waves & Enjoy The Soothing Water Vistas. Rare Opportunity To Live On The Waters Of Lake Ontario At The Foot Of Munro Park, 1 Of Only 14 Homes In This Most Sought After Location W/60 Ft Frontage Offering Panoramic Beach & Lake Views. Custom Design W/4 Levels Of Living, 4+1 Bedrooms, 4 Baths, 3 Gas Fireplaces, 2 Walkouts, 2 Family Rms, Impressive Lower Level W/Walkout To Front Garden & Interlock Patio, Steps To Lower Wooden Gate Which Opens Onto Sand.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-05-30 2022-08-28 90 $9,800,000 - Expired
2018-11-03 2018-12-12 39 $7,000 $7,000 Leased
Extras
Sub-Zero Fridge, Gas Stove, D/W, B/I Oven, B/I Microwave, Washer, Dryer, California Shutters, 2 Hwt's Owned, Sprinkler System, Landscaped Gardens, Lower Level Dressing Room W/Cedar B/I Closet & Heated Flrs, Lower Family Rm C/B 5th Bedroom.
Property Details
Community
Property Type
Detached, 2 1/2 Storey
Lot Size
60' x 152'
Fronting
South
Taxes
$17,383 (2017)
Basement
Finished, W/O
Exterior
Alum Siding
Heat Type
Other
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Rt-Of-Way
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain13.45' x 18.37'Hardwood Floor, Pot Lights, W/O To Balcony
DiningMain15.58' x 19.06'Fireplace, Pot Lights, South View
KitchenMain11.81' x 16.34'Hardwood Floor, Pot Lights, O/Looks Living
FamilyMain15.35' x 15.42'Fireplace, Pot Lights, South View
2nd BrMain10.14' x 15.98'Wood Floor, Pot Lights, Window
Master2nd16.27' x 20.28'Fireplace, Pot Lights, South View
3rd Br2nd11.19' x 22.97'Pot Lights, His/Hers Closets, South View
4th Br3rd14.53' x 26.35'Pot Lights, Large Closet, South View
FamilyLower14.14' x 22.11'B/I Bookcase, Above Grade Window, W/O To Water
DenLower12.14' x 12.73'Combined W/Sitting, 3 Pc Ensuite, O/Looks Garden
Scarborough Market Statistics
Scarborough Price Trend
440 Lake Front is a 4-bedroom 4-bathroom home listed for sale at $5,995,000, which is $3,954,342 (193.8%) higher than the average sold price of $2,040,658 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $44,559 (2.1%) compared to the previous 30 day period (February 25 - March 25) and up $3,138 (0.2%) from the same time one year ago.
Inventory Change
There were 556 4-bedroom homes listed in Scarborough over the last 30 days (March 26 - April 24), which is up 18.3% compared with the previous 30 day period (February 25 - March 25) and up 7.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold $23,977 (1.2%) above asking price over the last 30 days (March 26 - April 24), which represents a $14,321 increase compared to the previous 30 day period (February 25 - March 25) and $33,654 less 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 4-bedroom homes in Scarborough over the last 30 days (March 26 - April 24) stood at 56.8%, up from 50.9% over the previous 30 days (February 25 - March 25) and down from 58.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Scarborough stood at 16 days when successfully sold over the last 30 days (March 26 - April 24), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Union Realty Brokerage Inc., Brokerage
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