575 Meadowvale Rd

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575 Meadowvale Rd, Scarborough
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2 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
5 + 3
ROOMS
E4303494
MLSID
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Property Description
Location Location Location! Welcome To This Sun-Filled Bungalow With Full Basement. This Home Has A Deep Lot Size & The Home Has Been Recently Renovated. The Lower Level With Separate Side Entrance Offers A Large Family Room. Walk-Out To Private Yard. Side Door From Kitchen Walk Out To Deck, Stairs And Railing Exceptional. Shows Very Well. Steps To Ttc, U Of Toronto & Centennial College & Hospital.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-05-15 2021-05-27 12 $999,998 $1,200,000 Sold
Extras
Fridge, Stove, Washer, Dryer, Cac, All Elf's.
Property Features
Library, Park, Place Of Worship, Public Transit, School
Property Details
Property Type
Detached, Bungalow-Raised
Lot Size
60' x 185'
Fronting
East
Taxes
$3,074 (2017)
Basement
Fin W/O
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
None
Scarborough Market Statistics
Scarborough Price Trend
575 Meadowvale Rd is a 2-bedroom 3-bathroom home listed for sale at $799,000, which is $365,836 (31.4%) lower than the average sold price of $1,164,836 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 2 bedroom home in Scarborough increased by $75,961 (7.0%) compared to the previous 30 day period (January 28 - February 26) and up $36,299 (3.2%) from the same time one year ago.
Inventory Change
There were 153 2-bedroom homes listed in Scarborough over the last 30 days (February 27 - March 27), which is up 17.7% compared with the previous 30 day period (January 28 - February 26) and up 4.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $79,316 (6.8%) above asking price over the last 30 days (February 27 - March 27), which represents a $31,983 increase compared to the previous 30 day period (January 28 - February 26) and $48,974 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 (February 27 - March 27) stood at 64.7%, up from 56.2% over the previous 30 days (January 28 - February 26) and down from 74.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Scarborough stood at 10 days when successfully sold over the last 30 days (February 27 - March 27), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Community Realty Inc., Brokerage
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