48 Larwood Blvd S
Cliffcrest, Scarborough, M1M 2M5
FOR SALE
$1,199,000
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Property Description
Nestled within this much sought after tranquil neighborhood this west facing 286 ft lot offers a remarkable spot and rare opportunity to indulge in the serene beauty of Scarborough Bluffs, overlooking the majestic expanse of Lake Ontario, this parcel of land beckons you to envision and create your dream home amidst nature's splendor. Essential amenities, reputable schools, and convenient access to urban conveniences remain within reach.
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Nearby Intersections
Midland & Kingston (65)
Property Features
Beach, Cul De Sac, Grnbelt/Conserv, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
50' x 286'
Fronting
East
Taxes
$4,131 (2024)
Basement
Unfinished
Exterior
Insulbrick, Vinyl Siding
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Scarborough Market Statistics
Scarborough Price Trend
48 Larwood Blvd S is a 3-bedroom 1-bathroom home listed for sale at $1,199,000, which is $224,172 (15.8%) 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 1-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 Harvey Kalles Real Estate Ltd.
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