5 Hill Cres

FOR SALE
$4,498,000
5 Hill Cres, Scarborough
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3 + 1
BEDROOMS
5
BATHROOMS
1
KITCHENS
7 + 2
ROOMS
E9363525
MLSID
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Property Description
Immerse yourself in the exclusive "Lakefront" lifestyle at 5 Hill Crescent, the most coveted address in the Bluffs. This graceful residence is privately set back from the street, surrounded by mature trees, lush lawns and beautiful gardens. Enjoy breathtaking, unobstructed lake views from nearly every room all year round. Enter timeless charm with an abundance of expansive large windows that fill the interior with natural light, highlighting the spacious traditional rooms, hardwood floors, french doors opening to multiple walk-outs, fireplaces, a grand main floor primary bedroom with an elegant six-piece ensuite, two generously sized upper-level bedrooms, and a fully finished walk-out basement. Leave the city's hustle and bustle behind and embrace a true nature's paradise. Your serene oasis awaits!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-20 2024-09-23 95 $4,995,000 - Terminated
Extras
All Existing: S/S Fridge, Gas Cooktop Stove, S/S Oven, B/I Dishwasher, Washer/Dryer, All Light Fixtures, All Window Coverings, Furnace and Equipment, CAC, Garage Door Opener and Remote, All Fireplaces "As Is."
Property Features
Lake/Pond
Property Details
Street
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
2500-3000
Lot Size
103' x 403'
Acreage
.50-1.99
Fronting
South
Taxes
$11,660 (2023)
Basement
Fin W/O
Exterior
Stone, Wood
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain15.06' x 21.42'Fireplace, W/O To Deck, Overlook Water
DiningMain13.06' x 14.07'Formal Rm, W/O To Deck, Overlook Water
KitchenMain20.37' x 16.83'Hardwood Floor, Centre Island, B/I Desk
Prim BdrmMain21.33' x 19.03'His/Hers Closets, 6 Pc Ensuite, Overlook Water
2nd BrUpper15.91' x 17.95'Closet, 4 Pc Ensuite, Overlook Water
DenUpper15.91' x 19.98'Broadloom, Overlook Water
3rd BrUpper13.98' x 18.11'Closet, 3 Pc Ensuite, Overlook Water
RecLower17.95' x 33.50'Fireplace, W/O To Yard, Overlook Water
BrLower12.50' x 14.86'Broadloom, Double Closet, Large Window
Scarborough Market Statistics
Scarborough Price Trend
5 Hill Cres is a 3-bedroom 5-bathroom home listed for sale at $4,498,000, which is $3,160,905 (236.4%) higher than the average sold price of $1,337,095 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 3 bedroom home in Scarborough increased by $3,246 (0.2%) compared to the previous 30 day period (September 23 - October 22) and up $75,749 (6.0%) from the same time one year ago.
Inventory Change
There were 868 3-bedroom homes listed in Scarborough over the last 30 days (October 23 - November 21), which is down 10.0% compared with the previous 30 day period (September 23 - October 22) and up 7.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Scarborough typically sold ($10,360) (0.8%) below asking price over the last 30 days (October 23 - November 21), which represents a $16,325 decrease compared to the previous 30 day period (September 23 - October 22) and ($1,152) 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 (October 23 - November 21) stood at 69.1%, up from 63.9% over the previous 30 days (September 23 - October 22) and up from 52.9% 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 20 days when successfully sold over the last 30 days (October 23 - November 21), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max All-Stars Realty Inc.
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