55 Laurel Ave
Kennedy Park, Etobicoke, M1K 3J4
FOR SALE
$879,800
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Property Description
Welcome to 55 Laurel Avenue, a solid brick semi-detached home located in Kennedy Park. This cherished home has been loved by the same family for almost 60 years and is ready for new owners and new memories to be made. It features a bright and spacious layout on the main floor with large windows providing lots of natural light, 3 generous sized bedrooms on the 2nd level, a separate entrance to a partially finished basement, large yard for entertaining with established gardens and a garage for tons of storage. Fantastic commutability as it is a short drive to the DVP. If using public transit, it is within walking distance of the GO station (Scarborough GO) or TTC bus stop for a short ride to either Kennedy or Warden stations. Within close proximity to schools, library, parks, shops, restaurants, Bluffers Park (Scarborough Bluffs) and Marina. Perfect for an investor or a first time buyer.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2-Storey
Lot Size
28' x 104'
Fronting
East
Taxes
$3,312 (2024)
Basement
Part Fin, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Mutual
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 11.68' x 8.69' | |
| Living | Main | 16.21' x 10.53' | |
| Dining | Main | 11.68' x 8.66' | |
| Prim Bdrm | 2nd | 13.88' x 10.63' | |
| 2nd Br | 2nd | 11.91' x 8.89' | |
| 3rd Br | 2nd | 11.91' x 8.79' | |
| Rec | Bsmt | 17.68' x 17.68' | |
| Laundry | Bsmt | 11.91' x 7.58' | |
| Other | Bsmt | 4.95' x 5.41' | |
| Utility | Bsmt | 7.74' x 10.24' |
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Etobicoke Market Statistics
Etobicoke Price Trend
55 Laurel Ave is a 3-bedroom 1-bathroom home listed for sale at $879,800, which is $397,259 (31.1%) lower than the average sold price of $1,277,059 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in Etobicoke declined by $11,079 (0.9%) compared to the previous 30 day period (July 20 - August 18) and down $55,861 (4.2%) from the same time one year ago.Inventory Change
There were 935 3-bedroom homes listed in Etobicoke over the last 30 days (August 19 - September 17), which is up 44.5% compared with the previous 30 day period (July 20 - August 18) and up 15.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Etobicoke typically sold $6,433 (0.5%) above asking price over the last 30 days (August 19 - September 17), which represents a $6,730 decrease compared to the previous 30 day period (July 20 - August 18) and $37,194 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 Etobicoke over the last 30 days (August 19 - September 17) stood at 42.2%, down from 58.4% over the previous 30 days (July 20 - August 18) and down from 42.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Etobicoke stood at 20 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Infinity Realty Inc.
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