525 Kennedy Rd

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525 Kennedy Rd, Scarborough
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2 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
5 + 3
ROOMS
E4652714
MLSID
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Property Description
525 & 527 Kennedy Rd, Both Being Sold Together. (105 X 157 Feet) = 16485 Sqft Of Land Together. May Be Town Homes Complex Or 4 Detached Homes. Area Is Changing Rapidly. Both Homes Rented For Almost $6600/Month. Must Sell Both Together. Best Opportunities In The Area.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-11-09 2022-02-14 98 $1,299,000 - Suspended
2020-08-07 2020-09-01 25 $874,900 $850,000 Sold
2020-06-08 2020-08-11 64 $899,900 - Terminated
Extras
All Existing Appliances, Window Coverings, Light Fixtures
Nearby Intersections
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
53' x 157'
Fronting
East
Taxes
$2,700 (2019)
Basement
Finished, Sep Entrance
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
KitchenMain7.84' x 9.32'Hardwood Floor, Window
LivingMain12.50' x 14.83'Hardwood Floor, Window, Combined W/Dining
DiningMain12.50' x 14.83'Hardwood Floor, Window, Combined W/Living
MasterMain9.84' x 11.25'Hardwood Floor, Window, Closet
2nd BrMain6.89' x 7.91'Hardwood Floor, Window
KitchenBsmt4.99' x 10.76'Linoleum
BrBsmt7.51' x 9.84'Broadloom, Window
RecBsmt10.50' x 18.18'Broadloom, Window
Scarborough Market Statistics
Scarborough Price Trend
525 Kennedy Rd is a 2-bedroom 2-bathroom home listed for sale at $899,000, which is $196,944 (18.0%) lower than the average sold price of $1,095,944 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 2 bedroom home in Scarborough declined by $84,024 (7.1%) compared to the previous 30 day period (February 24 - March 24) and down $46,701 (4.1%) from the same time one year ago.
Inventory Change
There were 192 2-bedroom homes listed in Scarborough over the last 30 days (March 25 - April 23), which is up 26.3% compared with the previous 30 day period (February 24 - March 24) and up 28.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $76,587 (7.0%) above asking price over the last 30 days (March 25 - April 23), which represents a $1,373 decrease compared to the previous 30 day period (February 24 - March 24) and $73,342 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 2-bedroom homes in Scarborough over the last 30 days (March 25 - April 23) stood at 74.0%, up from 61.8% over the previous 30 days (February 24 - March 24) and up from 71.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom home in Scarborough stood at 11 days when successfully sold over the last 30 days (March 25 - April 23), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group-Tower Realty Ltd., Brokerage
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