36 Cliffcrest Dr

FOR SALE
$1,500,000
36 Cliffcrest Dr, Scarborough
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3 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
8 + 4
ROOMS
E8263618
MLSID
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Property Description
Attention builders, savvy homeowners, and intelligent investors. Knock me down or Knock me up! Is it time for this charming war home to hit the dirt and a new classic to be erected? Or is the climate just right for a major renovation, expanding on the existing footprint as a stunning infill project? This is the most extraordinary interior lot in the entire neighbourhood and perfectly situated among the most desireable properties already improved upon. This 236ft double deep lot offers so many possibilities, including possible severance to enlarge one of the adjoining neighbours' properties. In its second generation with the same family, the time has come to say goodbye to a lifetime of memories and backyard adventures. Currently set up as a 3+1 bed/2 bath single family home, the property is incredibly private due to the orientation of all of the adjoining properties. You won't believe it until you walk the property just how much space you have to work with. Design and build your dream luxury home and still have plenty of room for an expansive backyard oasis. So grab your phone, call your preferred Realtor to take you through. Just watch what the prices do in this area, and you will see that you cannot afford to miss this property.
Extras
Coveted Chine Drive catchment. Public Transit or quick communting in to the core. Moments to restaurants, grocery, pharmacies, and shoppes. A few hundred feet walk to edge of Bluffs, or minutes to Bluffer's Park for hiking, boating, etc.
Property Features
Beach, Fenced Yard, Marina, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1100-1500
Lot Size
50' x 236'
Acreage
< .50
Fronting
West
Taxes
$4,903 (2023)
Basement
Full, Part Fin
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
5
Driveway
Other
Garage Type
Attached
Scarborough Market Statistics
Scarborough Price Trend
36 Cliffcrest Dr is a 3-bedroom 2-bathroom home listed for sale at $1,500,000, which is $76,828 (5.4%) higher 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 Royal Heritage Realty Ltd
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