18 Munro Park Ave
The Beaches, Scarborough, M4E 3M3
FOR SALE
$6,999,000
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BEDROOMS5
BATHROOMS1
KITCHENS11 + 3
ROOMSE9391377
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Property Description
Hear the waves....On the most coveted street in the Beach is this bespoke family home with an abundance of thoughtful design and refined custom details. A sprawling residence in keeping with classic Munro Park nuance while taking in breathtaking lake and city views. Spread across a 50-foot lot, this home embodies elegance and sophistication with intimate and cozy family spaces. The main level features spacious, open-concept living complete with two fireplaces, classic sunroom with seasonal lake views, a spectacular walk-out, office and walk-in pantry. While the heart of this home is the meticulously designed kitchen, the 12-person dining, where lime-washed walls create a rustic and organic charm is also an entertaining hot spot. The kids' lounge on the second level is the ideal spot for homework and children's play complete with a snack station! Prepare to be awestruck by the primary retreat on the third level. This exceptional space comes with unobstructed lake views that can be enjoyed from both your bed, shower and the private terrace - sip coffee (coffee bar included) or unwind with a glass of wine. The massive walk-in closet is a destination in itself, designed to accommodate even the most extensive wardrobes. The six-piece ensuite is your private spa in the tree tops with soaker tub, curbless walk-in shower, and luxurious finishes. This primary suite truly redefines the meaning of retreat - ask to see the hidden entertainment hub. The lower-level home theatre/media room is perfect for movie marathons or hosting friends for the big game. Step outside to the natural stone heated patios, driveway, and pathways and to the backyard, where you'll find an outdoor kitchen, built-in swim spa, hot tub and fireplace. Garage and heated driveway. Side entrance with access to mudroom and locker style accommodation for a large family. Coveted Balmy district. The boardwalk and beach are an extension of your property. Truly THE Beach lifestyle.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-04-02 | 2019-05-31 | 59 | $2,995,000 | $2,800,000 | Sold |
| 2018-11-19 | 2019-04-02 | 134 | $3,200,000 | - | Terminated |
| 2018-11-07 | 2018-11-19 | 12 | $2,895,000 | - | Terminated |
Extras
Heated garage, driveway, paths & terraces, irrigation system, outdoor shower, swim spa, hot-tub, garage. See brochure.
Property Features
Beach, Clear View, Cul De Sac, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 3-Storey
Lot Size
50' x 118'
Fronting
East
Taxes
$25,400 (2024)
Basement
Finished, Sep Entrance
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
8
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Sunroom | Main | 8.23' x 10.43' | Hardwood Floor, Heated Floor |
| Living | Main | 11.75' x 15.32' | Hardwood Floor, Gas Fireplace, Pocket Doors |
| Dining | Main | 14.01' x 15.32' | Hardwood Floor, O/Looks Living, Coffered Ceiling |
| Kitchen | Main | 14.34' x 20.18' | Hardwood Floor, O/Looks Family, Centre Island |
| Family | Main | 17.65' x 20.18' | Hardwood Floor, Walk-Out, Gas Fireplace |
| Office | Main | 7.09' x 9.58' | Hardwood Floor, Pass Through, Pocket Doors |
| 2nd Br | 2nd | 11.52' x 15.49' | Hardwood Floor, W/I Closet, 2 Pc Ensuite |
| 3rd Br | 2nd | 11.52' x 15.49' | Hardwood Floor, W/I Closet |
| 4th Br | 2nd | 12.40' x 13.58' | Hardwood Floor, Double Closet |
| Prim Bdrm | 3rd | 18.08' x 22.67' | Hardwood Floor, 6 Pc Ensuite, W/I Closet |
| Media/Ent | Lower | 19.75' x 30.68' | Heated Floor, Pot Lights |
| 5th Br | Lower | 10.99' x 11.75' | Hardwood Floor, Heated Floor, 3 Pc Bath |
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Scarborough Market Statistics
Scarborough Price Trend
18 Munro Park Ave is a 4-bedroom 5-bathroom home listed for sale at $6,999,000, which is $5,094,943 (267.6%) higher than the average sold price of $1,904,057 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $84,958 (4.3%) compared to the previous 30 day period (September 21 - October 20) and down $159,815 (7.7%) from the same time one year ago.Inventory Change
There were 546 4-bedroom homes listed in Scarborough over the last 30 days (October 21 - November 19), which is down 22.7% compared with the previous 30 day period (September 21 - October 20) and up 20.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($35,760) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $7,729 decrease compared to the previous 30 day period (September 21 - October 20) and ($76,652) 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 21 - November 19) stood at 54.6%, up from 40.1% over the previous 30 days (September 21 - October 20) and up from 47.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Scarborough stood at 22 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Estate Realty
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