850 Cosburn Ave

FOR SALE
$2,388,000
850 Cosburn Ave, Scarborough
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
850 Cosburn Ave
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4 + 1
BEDROOMS
5
BATHROOMS
2
KITCHENS
12 + 1
ROOMS
E10430001
MLSID
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Property Description
Magnificent, custom-built, one-of-a-kind backsplit home in East York offers 4,200 sq ft of luxurious living space (3,005 sq ft above ground, 754 sq ft legal basement unit, and a 432 sq ft rooftop terrace). The open-concept main floor features 10-foot ceilings, floor-to-ceiling windows, and a cozy fireplace in the family room. The modern kitchen is a chef's dream, boasting a waterfall island, gas cooktop, and high-end built-in appliances. The upper floors offer 4 bedrooms, 3 baths, and stunning central skylights that bathe all levels in natural light. An upper laundry room, additional office space on the top floor, and a private bedroom suite with direct access to an oversized rooftop terrace with gas BBQ connection and beautiful view of the city makes this home an entertainer's paradise. The large primary bedroom includes a fireplace, a luxurious soaker tub, and double sinks. Legal basement 1-bedroom suite featuring separate entrance, additional laundry, and separate 100-amp hydro meter. Outside featuring built-in security cameras, a driveway potentially fitting 2 cars, and a low-maintenance composite deck in a fenced backyard completes the generous 28x110 ft lot. This prime location is just steps from Woodbine Subway Station, Danforth GO Station, parks, schools, Sobeys, and all amenities along the Danforth, with easy access to the DVP, Woodbine Beach, and Downtown Toronto. Welcome home! **EXTRAS** Fridge (2), Gas cooktop, built-in Oven & Microwave, Rangehood (2), Dishwasher (2), Basement Stove, Washer (2) & Dryer (2), Security Cameras, All Elfs & Window Coverings; Hot Water Tank Owned; Builder Offers 12-month Warranty
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-03-11 2021-03-18 6 $849,000 $1,000,000 Sold
Nearby Intersections
Property Features
Hospital, Park, Public Transit, Rec Centre, School
Property Details
Community
Property Type
Detached, 3-Storey
Lot Size
28' x 110'
Fronting
East
Taxes
$3,863 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
None
Scarborough Market Statistics
Scarborough Price Trend
850 Cosburn Ave is a 4-bedroom 5-bathroom home listed for sale at $2,388,000, which is $512,289 (27.3%) higher than the average sold price of $1,875,711 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Scarborough increased by $183,887 (10.9%) compared to the previous 30 day period (December 22 - January 20) and down $46,763 (2.4%) from the same time one year ago.
Inventory Change
There were 466 4-bedroom homes listed in Scarborough over the last 30 days (January 21 - February 19), which is up 87.9% compared with the previous 30 day period (December 22 - January 20) and up 30.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Scarborough typically sold $7,351 (0.4%) above asking price over the last 30 days (January 21 - February 19), which represents a $37,018 increase compared to the previous 30 day period (December 22 - January 20) and ($17,969) 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 (January 21 - February 19) stood at 38.0%, down from 43.5% over the previous 30 days (December 22 - January 20) and down from 52.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 5-bathroom home in Scarborough stood at 24 days when successfully sold over the last 30 days (January 21 - February 19), compared to 68 days before being removed from the market upon being suspended or terminated.
Listing contracted with Bay Street Group Inc.
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