2 Park Ave
The Beaches, Scarborough, M4E 1B6
FOR SALE
$5,299,000

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4 + 1
BEDROOMS5
BATHROOMS1 + 1
KITCHENS11 + 3
ROOMSE11977571
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Property Description
Welcome to 2 Park Ave, an exquisite rare home in the heart of The Beaches. This 4+1 bedroom, 5 bathroom masterpiece perfectly blends modern luxury and timeless elegance. Situated on a prestigious street just steps from the lake, this home boasts breathtaking design, high-end finishes, and exceptional craftsmanship throughout. The open-concept main floor is an entertainer's dream, featuring a gourmet chef's kitchen, expansive living and dining areas, and seamless indoor-outdoor flow. Upstairs, the primary suite is a private retreat with a spa-like ensuite and walk-in closet, complemented by three additional spacious bedrooms. The lower level offers a versatile space with a fifth bedroom, perfect for guests or an in-law suite. Enjoy the best of beachside living with stunning outdoor spaces, including a beautiful yard and multiple terraces, With top-tier schools, boutique shops, and vibrant restaurants just moments away, this home offers an unparalleled lifestyle in one of Toronto's most sought-after neighbourhoods.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-10-17 | 2023-12-15 | 60 | $4,900,000 | - | Expired |
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Property Details
Street
Community
City
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
37' x 125'
Fronting
North
Taxes
$22,746 (2024)
Basement
Apartment, Finished
Exterior
Stucco/Plaster
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 10.99' x 23.00' | Granite Counter, Breakfast Area, Cork Floor |
Breakfast | Main | 10.99' x 15.98' | Hardwood Floor, W/O To Patio, Large Window |
Foyer | Main | 4.79' x 10.99' | Slate Flooring, Open Concept |
Dining | Main | 10.20' x 12.01' | Hardwood Floor, W/O To Deck, Combined W/Living |
Living | Main | 19.78' x 15.72' | Hardwood Floor, Fireplace, Open Concept |
Rec | 2nd | 12.80' x 16.70' | Bamboo Floor |
2nd Br | 2nd | 8.89' x 15.09' | B/I Closet, Bamboo Floor |
3rd Br | 2nd | 11.38' x 13.91' | B/I Closet, Bamboo Floor |
4th Br | 2nd | 10.01' x 22.11' | W/I Closet, 4 Pc Ensuite, W/O To Balcony |
Office | 3rd | 24.38' x 11.19' | 4 Pc Ensuite, Fireplace, W/I Closet |
Prim Bdrm | Upper | 24.38' x 22.57' | Combined W/Office, W/O To Deck |
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Scarborough Market Statistics
Scarborough Price Trend
2 Park Ave is a 4-bedroom 5-bathroom home listed for sale at $5,299,000, which is $3,423,289 (182.5%) higher than the average sold price of $1,875,711 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Scarborough increased by $183,887 (10.9%) compared to the previous 30 day period (December 22 - January 20) and down $46,763 (2.4%) from the same time one year ago.Inventory Change
There were 466 4-bedroom homes listed in Scarborough over the last 30 days (January 21 - February 19), which is up 87.9% compared with the previous 30 day period (December 22 - January 20) and up 30.9% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold $7,351 (0.4%) above asking price over the last 30 days (January 21 - February 19), which represents a $37,018 increase compared to the previous 30 day period (December 22 - January 20) and ($17,969) 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 (January 21 - February 19) stood at 38.0%, down from 43.5% over the previous 30 days (December 22 - January 20) and down from 52.2% 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 24 days when successfully sold over the last 30 days (January 21 - February 19), compared to 68 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Estate Homeward
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