48 Madras Cres

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48 Madras Cres, Scarborough
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
9
ROOMS
E3335468
MLSID
Contact Us
Property Description
Welcome Your Family Home To This Beautiful Brick Detached 4 Bedroom Home, Located On A Lovely, Quiet, Tree Lined Crescent. Stunning Skylights And Cathedral Ceilings Just Add To The Character Of This Home. Fully Fenced In (All But West Side Prof Installed New In 2013 Along With A Large New Side Deck). A Peaceful Street Close To Schools, All Amenities And Public Transit. Lot's Of Updates And Modern Decor Make This Home Ready To Just Move In And Enjoy!
Extras
Large Garden Shed (2015) Double S/S Fridge (2009), Stove, Dishwasher, B/I Microwave (2013) Washer And Dryer(2009), All Elf's And Window Blinds (Exclude: Drapes And Poles In Living And Master), H/I Furnace And A/C (2010), Roof (2014).
Property Features
Fenced Yard, Park, Public Transit, Rec Centre, School, Wooded/Treed
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
48' x 113'
Lot Irregularities
Irregular
Fronting
North
Taxes
$2,403 (2015)
Basement
None
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Carport
Room Summary
RoomLevelSizeFeatures
FoyerMain7.91' x 10.83'Skylight, Pot Lights, Broadloom
LivingLower11.75' x 13.52'Bay Window, Hardwood Floor, Fireplace
DiningLower12.30' x 13.65'Combined W/Living, Hardwood Floor, O/Looks Backyard
KitchenLower7.64' x 10.93'Galley Kitchen, Modern Kitchen, Ceramic Back Splash
FamilyLower12.47' x 12.96'Broadloom, W/O To Sundeck, 2 Pc Ensuite
MasterUpper13.16' x 16.96'Hardwood Floor, Cathedral Ceiling, Double Closet
2nd BrUpper12.96' x 13.35'Hardwood Floor, Cathedral Ceiling, Closet
3rd BrUpper9.58' x 9.65'Hardwood Floor, Cathedral Ceiling, Closet
4th BrUpper9.68' x 9.88'Hardwood Floor, Cathedral Ceiling, Closet
Scarborough Market Statistics
Scarborough Price Trend
48 Madras Cres is a 4-bedroom 2-bathroom home listed for sale at $509,900, which is $1,530,758 (75.0%) lower 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 2-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 Re/Max Rouge River Realty Ltd., Brokerage
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