8 Palk Lane

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8 Palk Lane, Scarborough
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3
BEDROOMS
4
BATHROOMS
1
KITCHENS
13
ROOMS
E3179345
MLSID
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Property Description
2 Years Old Freehold Townhome With 10 Ft Ceiling In An Excellent Location Right At 24 Hour Ttc Stop. Newly Finished Basement With 3 Piece Wash Room. New Hardwood Floor In Main Floor, Newly Painted With Neutral Colours. Open Concept. Great Room Can Be Converted To 4th Bedroom. Just Move-In.
Extras
Stove, Fridge, B/I Dishwasher, Washer And Dryer,..
Property Details
Street
Community
Property Type
Att/Row/Townhouse, 2-Storey
Lot Size
20' x 81'
Fronting
West
Taxes
$2,838 (2014)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain16.99' x 10.01'Hardwood Floor, Combined W/Dining
DiningMain16.99' x 10.01'Hardwood Floor, Combined W/Living
FamilyMain14.99' x 10.01'Hardwood Floor
KitchenMain12.11' x 8.99'Ceramic Floor
BreakfastMain10.01' x 9.19'Ceramic Floor, Breakfast Area
Master2nd21.10' x 10.01'Broadloom, W/I Closet, Ensuite Bath
2nd Br2nd10.14' x 10.01'Broadloom, Closet
3rd Br2nd10.99' x 8.86'Broadloom, Closet
Great Rm2nd17.42' x 10.07'Ceramic Floor, W/O To Balcony
RecBsmt10.50' x 29.49'3 Pc Bath, Laminate
Scarborough Market Statistics
Scarborough Price Trend
8 Palk Lane is a 3-bedroom 4-bathroom townhome listed for sale at $579,900, which is $500,897 (46.3%) lower than the average sold price of $1,080,797 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom townhome in Scarborough increased by $23,258 (2.2%) compared to the previous 30 day period (February 26 - March 26) and down $4,114 (0.4%) from the same time one year ago.
Inventory Change
There were 272 3-bedroom townhomes listed in Scarborough over the last 30 days (March 27 - April 25), which is down 1.1% compared with the previous 30 day period (February 26 - March 26) and up 27.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Scarborough typically sold $31,508 (2.9%) above asking price over the last 30 days (March 27 - April 25), which represents a $16,714 decrease compared to the previous 30 day period (February 26 - March 26) and $56,654 less 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 townhomes in Scarborough over the last 30 days (March 27 - April 25) stood at 61.8%, up from 54.5% over the previous 30 days (February 26 - March 26) and down from 79.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom townhome in Scarborough stood at 18 days when successfully sold over the last 30 days (March 27 - April 25), compared to 40 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realtron Realty Inc., Brokerage
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