38 Scholfield Ave

FOR SALE
$6,275,000
38 Scholfield Ave, Downtown Toronto
38 Scholfield Ave
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6 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
9 + 3
ROOMS
C8093050
MLSID
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Property Description
A Statuesque one of a kind residence in the heart of downtown Toronto's prestigious Rosedale. Directly overlooking scenic Rosedale Park. The Majestic lot with a spacious private driveway offers parking for up to 6 cars that includes a double car garage. A third garage is currently used as a summer garden sitting room perfect for afternoon tea, meditation & evening cocktails. Built in 1929, this double brick and stone Tudor style home emanates with the charm of it's era proudly showcasing intricate mouldings, leaded glass windows and exceptional detailing preserving it's historic integrity. Benefit from the landscaped garden with it's irrigation system that eliminates the need for lawn cutting. Located minutes to Branksome Hall Private School and walking distance to Summerhill Market. Enjoy the airy openness of the park as a backdrop to your life where you can play, meet your trainer or walk laps
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-12-05 2024-02-26 83 $9,680,000 - Terminated
Extras
Captivating home & Landscaped property with exterior lighting,irrigation system and fountain.* 3rd Garage currently used as a garden sitting room.2nd Bedroom used as media/TV Room.
Property Features
Park
Property Details
Property Type
Detached, 2 1/2 Storey
Approximate Sq.Ft.
3500-5000
Lot Size
52' x 140'
Lot Irregularities
East Side: 139.27 Feet
Fronting
North
Taxes
$19,742 (2023)
Basement
Finished
Exterior
Brick, Stone
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
FoyerGround16.17' x 8.43'Hardwood Floor, 2 Pc Bath, Crown Moulding
LivingGround14.73' x 22.47'Hardwood Floor, Bay Window, Fireplace
DiningGround17.16' x 14.99'Hardwood Floor, Wainscoting, Crown Moulding
KitchenGround20.01' x 12.66'B/I Appliances, Heated Floor, Granite Counter
Family2nd16.01' x 17.26'Hardwood Floor, B/I Bookcase, B/I Desk
Prim Bdrm2nd15.42' x 16.17'Hardwood Floor, 3 Pc Ensuite, W/O To Balcony
2nd Br2nd17.42' x 8.43'Hardwood Floor, Irregular Rm, Window
3rd Br2nd11.15' x 17.16'Hardwood Floor, Closet, Window
4th Br3rd15.42' x 12.76'Hardwood Floor, Closet, Window
5th Br3rd9.74' x 14.99'Hardwood Floor, Closet, Window
Br3rd10.99' x 11.15'Hardwood Floor, Closet, Window
RecBsmt18.77' x 23.59'Laminate
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
38 Scholfield Ave is a 6-bedroom 5-bathroom home listed for sale at $6,275,000, which is $3,255,624 (107.8%) higher than the average sold price of $3,019,376 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 6 bedroom home in Downtown Toronto declined by $38,698 (1.3%) compared to the previous 30 day period (March 15 - April 13) and down $282,910 (8.6%) from the same time one year ago.
Inventory Change
There were 44 6-bedroom homes listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 158.8% compared with the previous 30 day period (March 15 - April 13) and up 25.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
6-bedroom homes in Downtown Toronto typically sold ($197,494) (6.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $511,252 decrease compared to the previous 30 day period (March 15 - April 13) and ($18,090) 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 6-bedroom homes in Downtown Toronto over the last 30 days (April 14 - May 13) stood at 38.6%, down from 70.6% over the previous 30 days (March 15 - April 13) and up from 31.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 5-bathroom home in Downtown Toronto stood at 21 days when successfully sold over the last 30 days (April 14 - May 13), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby's International Realty Canada
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