353 Lumsden Ave

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353 Lumsden Ave, Scarborough
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3 + 1
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 2
ROOMS
E8265462
MLSID
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Property Description
Gorgeous 3 Bedroom, Detached Renovated Home With Separate Entrance To Basement Bachelor Apartment. New Renovated Kitchen, Newly Replaced Hardwood Floors Through The Main and 2nd Floor. New Stairs. Great Open Concept Layout. Prime Location Close To Park, TTC & School, Steps To Subway Station, Close To GO Station, Supermarket, Restaurants and Shops On The Danforth!
Property Details
Property Type
Detached, 2-Storey
Lot Size
25' x 100'
Fronting
South
Taxes
$3,751 (2023)
Basement
Apartment, Sep Entrance
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Mutual
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingGround13.78' x 19.62'Hardwood Floor, Combined W/Dining, Open Concept
DiningGround13.12' x 19.62'Hardwood Floor, Combined W/Living, Open Concept
KitchenGround9.15' x 13.94'Hardwood Floor, W/O To Yard, Open Concept
Prim Bdrm2nd7.38' x 14.04'Hardwood Floor, Pot Lights, Window
2nd Br2nd8.60' x 11.55'Hardwood Floor, Pot Lights, Window
3rd Br2nd6.76' x 8.92'Hardwood Floor, Pot Lights, Window
KitchenBsmt6.96' x 14.14'Ceramic Floor, Pot Lights, Open Concept
LivingBsmt12.34' x 13.62'Laminate, Pot Lights, Window
Scarborough Market Statistics
Scarborough Price Trend
353 Lumsden Ave is a 3-bedroom 2-bathroom home listed for sale at $1,090,000, which is $333,172 (23.4%) lower than the average sold price of $1,423,172 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $87,800 (6.6%) compared to the previous 30 day period (March 15 - April 13) and down $42,855 (2.9%) from the same time one year ago.
Inventory Change
There were 1,201 3-bedroom homes listed in Scarborough over the last 30 days (April 14 - May 13), which is up 57.8% compared with the previous 30 day period (March 15 - April 13) and up 26.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold $75,399 (5.3%) above asking price over the last 30 days (April 14 - May 13), which represents a $7,486 decrease compared to the previous 30 day period (March 15 - April 13) and $110,072 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 homes in Scarborough over the last 30 days (April 14 - May 13) stood at 45.6%, down from 83.8% over the previous 30 days (March 15 - April 13) and down from 69.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Scarborough stood at 13 days when successfully sold over the last 30 days (April 14 - May 13), compared to 32 days before being removed from the market upon being suspended or terminated.
Listing contracted with Realty Associates Inc.
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