5 New Forest Sq N

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5 New Forest Sq N, Scarborough
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4 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
7 + 1
ROOMS
E8173678
MLSID
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Property Description
Welcome to the prestigious Steeles community of Scarborough/Toronto, where this spacious and breathtaking 4-bedroom detached home awaits you. Offering an extraordinary living experience, this property is brimming with potential and exudes a sense of pride of ownership that must be seen to be believed. Positioned within a highly acclaimed school zone featuring Kennedy PS & Dr. Norman Bethune Collegiate Institute, educational excellence is at your doorstep. Enjoy the convenience of being steps away from a bus stop and park, granting effortless access to Pacific and China Mall, a variety of restaurants, a medical center, supermarkets, and both TTC and Go Train stations. Don't miss out on this exceptional opportunity to immerse yourself in the vibrant ambiance of Steeles, Toronto's most sought-after district. New Roof (2023)
Extras
Washer, Dryer, S/S fridge, Stove , all Existing Light Fixtures
Property Features
Library, Park, Public Transit, School
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
42' x 119'
Acreage
< .50
Fronting
North
Taxes
$4,930 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Available
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain7.91' x 17.03'Ceramic Back Splash, Ceramic Floor
DiningMain8.23' x 10.83'
LivingMain11.15' x 15.85'Hardwood Floor, W/O To Garden
Prim Bdrm2nd10.60' x 14.93'3 Pc Ensuite, Hardwood Floor, Window
2nd Br2nd10.33' x 9.15'Hardwood Floor, Window
3rd Br2nd9.15' x 9.84'Hardwood Floor
4th Br2nd9.91' x 14.40'Hardwood Floor
Scarborough Market Statistics
Scarborough Price Trend
5 New Forest Sq N is a 4-bedroom 3-bathroom home listed for sale at $1,290,000, which is $880,191 (40.6%) lower than the average sold price of $2,170,191 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 4 bedroom home in Scarborough increased by $166,617 (8.3%) compared to the previous 30 day period (March 15 - April 13) and up $60,530 (2.9%) from the same time one year ago.
Inventory Change
There were 734 4-bedroom homes listed in Scarborough over the last 30 days (April 14 - May 13), which is up 63.5% compared with the previous 30 day period (March 15 - April 13) and up 23.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold $14,231 (0.7%) above asking price over the last 30 days (April 14 - May 13), which represents a $6,380 decrease compared to the previous 30 day period (March 15 - April 13) and $64,276 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 4-bedroom homes in Scarborough over the last 30 days (April 14 - May 13) stood at 38.3%, down from 60.8% over the previous 30 days (March 15 - April 13) and down from 64.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Scarborough stood at 16 days when successfully sold over the last 30 days (April 14 - May 13), compared to 49 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Services Inc.
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