8 Pine Ridge Dr

FOR SALE
$1,799,000
8 Pine Ridge Dr, Scarborough
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2 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
E8317370
MLSID
Contact Us
Property Description
Your Cottage in the city. Opportunity is Knocking To Renovate Or Top Up This Charming 1 1/2 Storey house on one Of The Most Beloved Addresses In The Bluffs. This freshly painted home boasts a generous size Principal Room, Combined Living & Dining Rooms With Hardwood Floors and Fireplace virtually staged & Walk-Out To A Sundeck Overlooking A Private backyard with a generous size fenced swimming pool. Main Floor Office/Den space and 2nd Bedroom. Full-height basement With A Large Entertainment Room And Walk-up To a Rec./playroom. As Well As Double Car Garage. The Hot water tank & furnace & A/c units are 3yrs old. The property is located on a quiet street & One Of The Most Desirable & Family Oriented Areas! Only a few minutes from Scarborough Bluffs! This is a great opportunity for building your dream home on a beautiful 130' x 197.5' prime lot or spruce it up with some creativity and enjoy living in a beautiful neighbourhood.
Extras
Outdoor in-ground pool, Septic tank, The Original main heat source was oil & an in-ground oil tank is present on the outside of the house (inspection report - pg.13), the current heat source is a gas furnace. 2024 Interim tax $3,494.61
Nearby Intersections
Property Details
Community
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
130' x 198'
Fronting
North
Taxes
$6,989 (2024)
Basement
Finished
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Pool
Inground
Parking Spaces
5
Driveway
Circular
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenGround23.49' x 18.44'Ceramic Floor, Breakfast Bar, Eat-In Kitchen
LivingGround26.74' x 18.34'Open Concept, Hardwood Floor, Skylight
DiningGround26.74' x 18.34'Hardwood Floor, Open Concept, W/O To Deck
DenGround7.02' x 11.84'Hardwood Floor, B/I Shelves, 2 Pc Bath
BrGround13.02' x 11.88'Hardwood Floor, Closet, Bow Window
Prim Bdrm2nd21.23' x 14.44'Broadloom, His/Hers Closets, O/Looks Pool
RecLower12.66' x 21.13'Broadloom, 3 Pc Bath
BrLower14.60' x 19.36'Broadloom, Double Closet
BrGround14.47' x 12.60'Breezeway, Broadloom, W/O To Pool
Scarborough Market Statistics
Scarborough Price Trend
8 Pine Ridge Dr is a 2-bedroom 3-bathroom home listed for sale at $1,799,000, which is $677,492 (60.4%) higher than the average sold price of $1,121,508 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom home in Scarborough increased by $2,925 (0.3%) compared to the previous 30 day period (March 15 - April 13) and down $196,158 (14.9%) from the same time one year ago.
Inventory Change
There were 271 2-bedroom homes listed in Scarborough over the last 30 days (April 14 - May 13), which is up 93.6% compared with the previous 30 day period (March 15 - April 13) and up 47.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Scarborough typically sold $87,046 (7.8%) above asking price over the last 30 days (April 14 - May 13), which represents a $4,883 increase compared to the previous 30 day period (March 15 - April 13) and $84,317 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 (April 14 - May 13) stood at 46.9%, down from 82.9% over the previous 30 days (March 15 - April 13) and down from 71.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom home in Scarborough stood at 10 days when successfully sold over the last 30 days (April 14 - May 13), compared to 38 days before being removed from the market upon being suspended or terminated.
Listing contracted with Red Roof Realty Inc.
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