41 Meadowcliffe Dr

FOR SALE
$3,190,000
41 Meadowcliffe Dr, Scarborough
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3 + 2
BEDROOMS
5
BATHROOMS
1 + 1
KITCHENS
10
ROOMS
E9379438
MLSID
Contact Us
Property Description
Welcome To 41 Meadowcliffe Dr, A Very Exclusive Luxury Multi-Family Residence Immersed In Nature At The Heart Of The Bluffs, With Nearly 5,000 Sqft Of Interior Living Space And 1,500 Sqft Outdoor Living Space, Laid Out Over 0.6 Acres, And Setback About 100 Ft. It Is Like A Beaumont Road Or A Riverview Drive In Rosedale, But You Are Close To The Water. It Is Like The Idyllic South Kingsway In Etobicoke, But Minus The Traffic. It Is Like Argyle Drive Or Bel Air Drive In Oakville, But Much Much Closer To Toronto. It Is Like Fallingbrook Drive, But Less Busy. It Is Like Guildwood Parkway, But Way More Prestige. It Is Like The Bridle Path/High Point Rd Or Park Lane Circle, But Without Having To Fence Yourself In From The On-Lookers Or Tourists. There Is Not A Better Setting For A Home Any Sized Family Can Just Enjoy The Company Of Each Other And Not Have A Worry About The Outside World On A Weekend Or After A Long Day's Work.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-09-07 2023-11-06 60 $3,688,000 - Expired
2023-04-13 2023-08-01 110 $4,388,888 - Suspended
2023-04-13 2023-04-13 0 $3,988,888 - Terminated
2023-04-13 2023-04-13 0 $3,988,888 - Terminated
Extras
Dramatic 18' Cathedral Ceiling Throughout, New Roof (2021), New French Door (2021), Retaining Wall (2017), 29 Solar Panels (Microfit), Heated Floor (Hydronic)
Property Details
Community
Property Type
Detached, Bungalow-Raised
Lot Size
125' x 225'
Acreage
.50-1.99
Fronting
North
Taxes
$11,014 (2023)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Private
Garage Type
Attached
Scarborough Market Statistics
Scarborough Price Trend
41 Meadowcliffe Dr is a 3-bedroom 5-bathroom home listed for sale at $3,190,000, which is $1,899,841 (147.3%) higher than the average sold price of $1,290,159 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 3 bedroom home in Scarborough declined by $36,245 (2.7%) compared to the previous 30 day period (October 18 - November 16) and up $29,369 (2.3%) from the same time one year ago.
Inventory Change
There were 484 3-bedroom homes listed in Scarborough over the last 30 days (November 17 - December 16), which is down 47.8% compared with the previous 30 day period (October 18 - November 16) and up 17.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold ($1,265) (0.1%) below asking price over the last 30 days (November 17 - December 16), which represents a $3,364 increase compared to the previous 30 day period (October 18 - November 16) and ($11,405) 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 3-bedroom homes in Scarborough over the last 30 days (November 17 - December 16) stood at 96.3%, up from 64.6% over the previous 30 days (October 18 - November 16) and up from 94.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 5-bathroom home in Scarborough stood at 26 days when successfully sold over the last 30 days (November 17 - December 16), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby's International Realty Canada
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