116 Presley Ave

FOR SALE
$2,699,000
116 Presley Ave, Scarborough
116 Presley Ave
116 Presley Ave
116 Presley Ave
116 Presley Ave
116 Presley Ave
116 Presley Ave
116 Presley Ave
116 Presley Ave
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116 Presley Ave
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116 Presley Ave
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4 + 2
BEDROOMS
7
BATHROOMS
1 + 1
KITCHENS
11 + 5
ROOMS
E10412663
MLSID
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Property Description
Welcome To 116 Presley Ave! You Have To Lay Your Eyes On This One! A Stunning Residence Designed By A Visionary Interior Designer, Where Every Detail Speaks Of Uncompromising Luxury And Timeless Elegance! Crafted With The Finest Materials, A Seamless Design And Sophisticated Palette, This Three-story Exceptional Residence Features A Total Of 6 Generously Appointed Bedrooms And 7 Exquisitely Designed Bathrooms, Offering A Lifestyle That Exudes Grace And Style At Every Turn! The Entrance Sets The Tone With Soaring 14-foot Ceilings & A Full-height Architecturally Integrated Closet System! Smart Systems, Including In-stair Lighting, Google Home, And Modern Pot lights, Ensure Both Style And Convenience From The Very First Step! The Open-concept Living Spaces Are A Masterclass In Modern Design, Featuring Wide Plank Hardwood Floors, Floor-to-ceiling Fiberglass Windows, In-ceiling Speakers And Stunning Light Fixtures. The Gourmet Kitchen Is A Chef's Dream, With Elegant Black Cabinetry, Striking Granite And Quartz Surfaces, State-of-the-art Appliances, And A Spacious Island Designed For Both Culinary Creativity And Elegant Entertaining. The Family Room Is A Showstopper With An Architecturally Designed Feature Wall, Built-in 80" Tv With Integrated Sound System And A Sleek Gas Fireplace Inviting Gatherings Filled With Warmth And Light. The Stunning Floating Staircase Is Also A True Focal Point, Illuminated By A Large Skylight! On The Upper Levels, The Primary Suite Offers A Retreat Of Pure Indulgence, Complete With A Lavish Walk-in Closet Adorned In Black And Brass Finishes, A Private Gas Fireplace, And A Spa-inspired Ensuite With Heated Flooring, A Skylit Double Vanity, A Free-standing Soaking Tub & Glass Shower. The Fully Finished Lower Level Is Nothing Short Of Spectacular With Radiant Heated Floors & Featuring A Luxurious Gym And A Private 2 Bedroom, 2 Washroom Guest Apartment With Massive Walk-out & Above Grade Windows, Modern Kitchen With Built-in Appliances!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-15 2024-11-06 22 $2,888,888 - Suspended
Extras
116 Presley is a home designed to elevate your lifestyle. With spray foam insulation, two furnaces, a 130-gallon hot water tank & the latest in smart technology, every detail has been considered to ensure comfort and luxury in every season.
Nearby Intersections
Property Features
Fenced Yard, Park, Place Of Worship, Public Transit, Ravine, School
Property Details
Property Type
Detached, 2-Storey
Lot Size
41' x 120'
Fronting
West
Taxes
$8,941 (2024)
Basement
Finished, Sep Entrance
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Pvt Double
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain15.75' x 18.04'Hardwood Floor, Built-In Speakers, Led Lighting
DiningMain15.75' x 21.33'Window Flr to Ceil, Hardwood Floor, Built-In Speakers
FamilyMain14.76' x 9.19'Fireplace, Window Flr to Ceil, Built-In Speakers
KitchenMain14.76' x 18.31'B/I Appliances, Pantry, Custom Counter
Prim Bdrm2nd17.72' x 14.60'Fireplace, W/I Closet, Ensuite Bath
2nd Br2nd10.17' x 13.12'Hardwood Floor, Large Closet, Semi Ensuite
3rd Br2nd13.12' x 13.78'Large Window, W/I Closet, Semi Ensuite
4th Br2nd12.47' x 10.83'Large Window, Large Closet, Ensuite Bath
ExerciseBsmt13.12' x 14.76'Heated Floor, Above Grade Window, Built-In Speakers
LivingBsmt10.50' x 11.15'Walk-Out, Heated Floor, Led Lighting
KitchenBsmt10.50' x 9.84'B/I Appliances, Granite Counter, Heated Floor
BrBsmt9.19' x 12.14'Above Grade Window, Heated Floor, Large Closet
Scarborough Market Statistics
Scarborough Price Trend
116 Presley Ave is a 4-bedroom 7-bathroom home listed for sale at $2,699,000, which is $802,706 (42.3%) higher than the average sold price of $1,896,294 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $71,039 (3.6%) compared to the previous 30 day period (September 27 - October 26) and down $109,552 (5.5%) from the same time one year ago.
Inventory Change
There were 466 4-bedroom homes listed in Scarborough over the last 30 days (October 27 - November 25), which is down 30.2% compared with the previous 30 day period (September 27 - October 26) and up 10.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($36,089) (1.9%) below asking price over the last 30 days (October 27 - November 25), which represents a $2,996 decrease compared to the previous 30 day period (September 27 - October 26) and ($72,980) 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 4-bedroom homes in Scarborough over the last 30 days (October 27 - November 25) stood at 57.7%, up from 45.5% over the previous 30 days (September 27 - October 26) and up from 52.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 7-bathroom home in Scarborough stood at 24 days when successfully sold over the last 30 days (October 27 - November 25), compared to 53 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Signature Realty
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