48 Sherwood Ave
Wexford-Maryvale, Scarborough, M1R 1N5
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3 + 3
BEDROOMS3
BATHROOMS1 + 1
KITCHENS8 + 3
ROOMSE4135871
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Property Description
Great Investment! $1900 Rent Income Monthly From Basement. Eglinton Subway Line Is Opening 2021! Less Than 15 Minutes Driving To Downtown. Renovated From Top To Bottom. Amazing Opportunity To Own A House In Prestigious Wexford-Maryvale Area. Close To Everything, Great Schools Around, Ttc, 401, Dvp, Hundreds Of Shopping Areas Close By. Separate Entrance To 3 Bedroom, 2 Bathroom Basement. Do Not Miss The Opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-08 | 2023-12-21 | 43 | $4,000 | $4,000 | Leased |
| 2019-11-08 | 2019-12-05 | 27 | $3,500 | $3,500 | Leased |
| 2018-11-07 | 2018-12-05 | 30 | $3,400 | $3,537 | Leased |
Extras
All Appliances, Washer & Dryer, All Elf's, All Window Coverings, A/C 2016, Windows 2016, Roof & Eaves 2016. Kitchen 2016. Basement Is Tenanted. Willing To Stay Otherwise Vacant Condition Is Available. No Rental Contract.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
47' x 105'
Fronting
North
Taxes
$3,173 (2017)
Basement
Finished, Sep Entrance
Exterior
Brick, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.20' x 17.19' | Hardwood Floor, Window, Led Lighting |
| Dining | Main | 9.51' x 11.65' | Hardwood Floor, Open Concept, Led Lighting |
| Kitchen | Main | 12.14' x 12.80' | Quartz Counter, Backsplash, Stainless Steel Appl |
| Master | Main | 12.27' x 12.80' | Hardwood Floor, Closet |
| 2nd Br | Main | 10.50' x 11.32' | Hardwood Floor, Closet |
| 3rd Br | Main | 9.19' x 10.93' | Hardwood Floor, Closet, W/O To Yard |
| 4th Br | Bsmt | 11.81' x 16.24' | Laminate, Window, Closet |
| 5th Br | Bsmt | 12.27' x 6.89' | Laminate, Window, Closet |
| Br | Bsmt | 7.55' x 6.89' | Laminate, Window, Closet |
| Bathroom | Bsmt | 12.27' x 7.22' | Tile Floor, Sauna |
| Kitchen | Bsmt | 12.27' x 7.22' | Laminate, Backsplash |
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Scarborough Market Statistics
Scarborough Price Trend
48 Sherwood 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 Homelife/Vision Realty Inc., Brokerage
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