7 Merryfield Dr

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7 Merryfield Dr, Scarborough
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2 + 1
BEDROOMS
3
BATHROOMS
1 + 1
KITCHENS
6 + 3
ROOMS
E3845803
MLSID
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Property Description
Huge Lot, Outstanding Home On A Great Street, Separate Basement Apartment Or In-Law Suite. This Lovely Home Is Exceptional W South Exposure & An Inground Pool With Garden That Is The Envy Of All The Neighbours. Principle Rms Are Bright & Spacious With An Open Concept. Huge Family Rm On Main Is Easily Converted To 3rd Bdrm/ Family Rm. Basement Apartment With Ktchn, Wet Bar, 3Pc Bth & Separate Entrance. See Current Flr Plans Attached. Steps To Ttc & Schools.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-07-31 2020-08-13 13 $968,000 $934,900 Sold
2020-06-15 2020-06-15 0 $768,000 $758,000 Sold
Extras
Incl: Pool Equip, Maytag Fridge, Maytag Stove, Carousel Micro,Electric Stove In Bsmt, Refrig Under Stairs In Bsmt, W/D, Excls: Danby Deep Freezer, Samsung Wall Mount Tv In Liv Rm, Small Fridge In Rear Grd, Standard Fridge In Bsmt
Property Details
Community
Property Type
Detached, 1 1/2 Storey
Lot Size
42' x 125'
Acreage
< .50
Fronting
South
Taxes
$3,226 (2017)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
4
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
DiningMain11.68' x 13.75'Hardwood Floor, O/Looks Frontyard, Large Window
KitchenMain8.01' x 10.66'
LivingMain9.68' x 20.01'Hardwood Floor, Fireplace, Skylight
FamilyMain10.01' x 20.83'W/O To Deck, O/Looks Pool, B/I Shelves
Master2nd9.68' x 12.07'Hardwood Floor, Closet, 2 Pc Ensuite
2nd Br2nd12.01' x 13.85'Hardwood Floor, O/Looks Pool, Double Closet
LivingBsmt11.52' x 20.01'Tile Floor, Window, B/I Bar
BrBsmt9.74' x 10.76'Closet, Window, Broadloom
ExerciseBsmt7.84' x 9.74'Tile Floor, Window
Scarborough Market Statistics
Scarborough Price Trend
7 Merryfield Dr is a 2-bedroom 3-bathroom home listed for sale at $837,000, which is $255,530 (23.4%) lower than the average sold price of $1,092,530 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 2 bedroom home in Scarborough declined by $49,686 (4.3%) compared to the previous 30 day period (February 9 - March 9) and down $26,967 (2.4%) from the same time one year ago.
Inventory Change
There were 144 2-bedroom homes listed in Scarborough over the last 30 days (March 10 - April 8), which is down 6.5% compared with the previous 30 day period (February 9 - March 9) and up 5.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $72,846 (6.7%) above asking price over the last 30 days (March 10 - April 8), which represents a $854 decrease compared to the previous 30 day period (February 9 - March 9) and $59,574 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 10 - April 8) stood at 75.0%, up from 63.6% over the previous 30 days (February 9 - March 9) and down from 75.9% 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 (March 10 - April 8), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Chestnut Park Real Estate Limited, Brokerage
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