62 King Edward Ave

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62 King Edward Ave, Scarborough
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
E3682729
MLSID
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Property Description
Stunning Custom Design Detached Newer Home In Highly Sought After Danforth Area! Hardwood Flooring And Pot Lights Throughout. 9 Ft Ceiling On Main. Juliet Balcony. Skylight. Walk Out Door To A Beautiful Deck And Yard. 5 Min Walk To Woodbine Subway Station. 2 Min Walk To Gledhill P.S. Close To Great Schools, Parks, Rec Centers, The Danforth, Beaches, Minutes To Dvp And Downtown. This Is A Must See! Move In And Enjoy.
Extras
Stainless Steel Fridge, Stainless Steel Stove, Built-In Dishwasher, Washer & Dryer.
Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
Property Details
Property Type
Detached, 2-Storey
Lot Size
17' x 127'
Fronting
West
Taxes
$3,600 (2016)
Basement
Finished
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain10.50' x 26.25'Combined W/Dining, Open Concept, Hardwood Floor
DiningMain10.50' x 26.25'Combined W/Living, Open Concept, Pot Lights
KitchenMain10.50' x 16.40'Modern Kitchen, Granite Counter, Walk-Out
Master2nd10.17' x 10.83'Hardwood Floor, Closet, Juliette Balcony
2nd Br2nd6.89' x 9.51'Hardwood Floor, Closet, Large Window
3rd Br2nd8.27' x 10.17'Hardwood Floor, Closet, Large Window
RecBsmt9.84' x 15.35'Broadloom
Scarborough Market Statistics
Scarborough Price Trend
62 King Edward Ave is a 3-bedroom 2-bathroom home listed for sale at $879,900, which is $494,100 (36.0%) lower than the average sold price of $1,374,000 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $30,657 (2.3%) compared to the previous 30 day period (February 25 - March 25) and down $6,507 (0.5%) from the same time one year ago.
Inventory Change
There were 970 3-bedroom homes listed in Scarborough over the last 30 days (March 26 - April 24), which is up 21.1% compared with the previous 30 day period (February 25 - March 25) and up 30.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $81,370 (5.9%) above asking price over the last 30 days (March 26 - April 24), which represents a $13,128 increase compared to the previous 30 day period (February 25 - March 25) and $70,866 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 26 - April 24) stood at 68.1%, up from 68.0% over the previous 30 days (February 25 - March 25) and down from 75.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Scarborough stood at 12 days when successfully sold over the last 30 days (March 26 - April 24), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 People`S Choice Realty Inc., Brokerage
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