5 New Forest Sq

FOR SALE
$1,270,000
5 New Forest Sq, Scarborough
5 New Forest Sq
5 New Forest Sq
5 New Forest Sq
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5 New Forest Sq
5 New Forest Sq
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5 New Forest Sq
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5 New Forest Sq
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4 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
7 + 1
ROOMS
E9254782
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.
Extras
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
Nearby Intersections
Property Details
Community
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
42' x 120'
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
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain7.91' x 17.03'Ceramic Floor
DiningMain8.23' x 10.83'
LivingMain11.15' x 15.85'
Br2nd11.15' x 15.85'
Br2nd10.33' x 9.15'
Br2nd9.15' x 9.84'
Br2nd32.48' x 14.40'
Scarborough Market Statistics
Scarborough Price Trend
5 New Forest Sq is a 4-bedroom 3-bathroom home listed for sale at $1,270,000, which is $581,354 (31.4%) lower than the average sold price of $1,851,354 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 4 bedroom home in Scarborough declined by $114,988 (5.8%) compared to the previous 30 day period (September 24 - October 23) and down $124,716 (6.3%) from the same time one year ago.
Inventory Change
There were 497 4-bedroom homes listed in Scarborough over the last 30 days (October 24 - November 22), which is down 28.4% compared with the previous 30 day period (September 24 - October 23) and up 8.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold ($36,285) (2.0%) below asking price over the last 30 days (October 24 - November 22), which represents a $10,699 decrease compared to the previous 30 day period (September 24 - October 23) and ($65,210) 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 4-bedroom homes in Scarborough over the last 30 days (October 24 - November 22) stood at 54.9%, up from 45.5% over the previous 30 days (September 24 - October 23) and up from 51.6% 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 24 days when successfully sold over the last 30 days (October 24 - November 22), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Realty Services Inc.
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