7 Lombardy Cres

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7 Lombardy Cres, Scarborough
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3 + 2
BEDROOMS
2
BATHROOMS
2
KITCHENS
6 + 2
ROOMS
E4002701
MLSID
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Property Description
Gorgeous Large 3 Bedrooms Brick Bungalow In The Kennedy Park Area. Separate Entrance To A Basement Apt For Potential Rental Income. Bungalow Is Nestled On Quiet Street In Desirable Neighbourhood With Many Upgrads.Newly Washrooms And Kitchen, Newly Laminate Floor. Oversized Garage With 4 Car Parking. Perfectly Finished Basement With 2 Br And Shower, Attend R H King Academy Secondary, Mins To Subway/Bus, Supermarket, Banks, Parks And Lake!!!
Extras
All Elf's.2 Fridge,2 Stove,Dryer ,Washer. And Hwt Is Owned. Ready To Move In. Don't Miss It ! Must See The Virtual Tour!
Property Details
Community
Property Type
Detached, Bungalow
Lot Size
45' x 125'
Lot Irregularities
Back 34Feet
Fronting
South
Taxes
$2,840 (2017)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingGround11.81' x 17.72'Laminate, Picture Window, Combined W/Dining
DiningGround8.53' x 13.78'Laminate, Window, Combined W/Living
KitchenGround11.15' x 16.40'Backsplash, Breakfast Area
MasterGround14.11' x 14.11'His/Hers Closets
2nd BrGround9.84' x 10.17'Closet
3rd BrGround10.17' x 11.81'Sliding Doors, W/O To Deck
KitchenBsmt11.15' x 11.81'Eat-In Kitchen
BrBsmt11.15' x 11.81'Double Closet
LivingBsmt12.80' x 24.93'Window
Scarborough Market Statistics
Scarborough Price Trend
7 Lombardy Cres is a 3-bedroom 2-bathroom home listed for sale at $875,000, which is $502,056 (36.5%) lower than the average sold price of $1,377,056 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $34,715 (2.6%) compared to the previous 30 day period (February 26 - March 26) and down $15,208 (1.1%) from the same time one year ago.
Inventory Change
There were 970 3-bedroom homes listed in Scarborough over the last 30 days (March 27 - April 25), which is up 13.8% compared with the previous 30 day period (February 26 - March 26) and up 25.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $79,093 (5.7%) above asking price over the last 30 days (March 27 - April 25), which represents a $8,004 increase compared to the previous 30 day period (February 26 - March 26) and $73,624 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 27 - April 25) stood at 67.5%, up from 67.3% over the previous 30 days (February 26 - March 26) and down from 75.5% 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 27 - April 25), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with Master`S Trust Realty Inc., Brokerage
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