42 Fairwood Cres
West Hill, Scarborough, M1E 3T3
FOR SALE
$850,000
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2 + 1
BEDROOMS1
BATHROOMS1
KITCHENS4 + 1
ROOMSE8362652
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Property Description
*Attention investors and first time home buyers!* 50x125 beautiful lot with mature trees. Location, location, location. Steps To U Of T Scarborough Campus, Centennial College, West Hill Collegiate And PanAm Centre. Minutes to Hwy 401. Great shopping, amenities and restaurants all within walking distance. Close to Lake Ontario, Morningside Park and trails. This home is an opportunity you do not want to miss!
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 125'
Fronting
West
Taxes
$3,800 (2024)
Basement
Part Fin
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
9
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.48' x 13.62' | Country Kitchen, Eat-In Kitchen |
| Living | Main | 11.55' x 12.20' | Hardwood Floor |
| Br | Main | 7.87' x 10.96' | Hardwood Floor, B/I Closet |
| Br | Main | 8.20' x 10.24' | Hardwood Floor, B/I Closet |
| Br | Bsmt | 10.50' x 13.02' | Double Closet |
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Scarborough Market Statistics
Scarborough Price Trend
42 Fairwood Cres is a 2-bedroom 1-bathroom home listed for sale at $850,000, which is $325,867 (27.7%) lower than the average sold price of $1,175,867 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 2 bedroom home in Scarborough increased by $46,565 (4.1%) compared to the previous 30 day period (October 18 - November 16) and up $177,305 (17.8%) from the same time one year ago.Inventory Change
There were 88 2-bedroom homes listed in Scarborough over the last 30 days (November 17 - December 16), which is down 44.3% compared with the previous 30 day period (October 18 - November 16) and up 25.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold ($3,080) (0.3%) below asking price over the last 30 days (November 17 - December 16), which represents a $2,560 decrease compared to the previous 30 day period (October 18 - November 16) and ($11,173) 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 2-bedroom homes in Scarborough over the last 30 days (November 17 - December 16) stood at 84.1%, up from 77.8% over the previous 30 days (October 18 - November 16) and down from 132.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Scarborough stood at 51 days when successfully sold over the last 30 days (November 17 - December 16), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Professionals Inc.
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