3240 Salem Rd

FOR SALE
$3,899,000
3240 Salem Rd, Pickering
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
3240 Salem Rd
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5 + 1
BEDROOMS
7
BATHROOMS
1
KITCHENS
11
ROOMS
E9390477
MLSID
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Property Description
Discover This Stunning Executive Home Nestled On An Expansive Nearly 2-Acre Lot In The Rural Pickering. Surrounded By Mature Trees And Bordered By Picturesque Ravines, This Property Offers Both Tranquility And Privacy. The Residence Features Elegant Architecture And Spacious Interiors, Ideal For Modern Living. Enjoy Breathtaking Views And Serene Outdoor Spaces Perfect For Entertaining Or Relaxation. Inside And Be Greeted By A Beautifully Updated Kitchen, Complete With Granite Countertops, And Stainless Steel Appliances. The Kitchen Also Features A Pantry And A Cozy Breakfast Nook, Making It A Perfect Space For Casual Meals. For More Formal Dining Occasions, Enjoy The Separate Dining Room, Or Relax In The Grand Living Room With Fireplace That Adds Warmth And Elegance To The Space. The Sunroom Invites You To Unwind While Soaking In Serene Views Of The Expansive Grounds. Upstairs, You'll Find 4 Generously Sized Bedrooms And 4 En-Suite Bathrooms. 1st Floor A Magnificent Master Bedroom With 6 Piece En-Suite That Provide Ensuring Comfortable Living Spaces For The Entire Family. The Finished Basement Is An Entertainer's Dream, Boasting A Spacious Recreation Room And Movie Theater Room. Outside, The Expansive Back Yard Is a Relaxation And Entertainment, Featuring A Large Sun Deck With A BBQ Area, Additional Features Include 4 Car Garages And A Workshop, Providing Ample Storage And Workspace.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-07-16 2020-10-24 100 $3,299,999 - Terminated
2020-10-24 2020-12-20 57 $3,099,999 $2,850,000 Sold
2020-07-16 2020-10-24 100 $3,299,999 - Terminated
Extras
Blt-In Security System & Cameras, Reverse Osmosis Water Filtration System, Home Theatre System, Also Include The 6 Home Theatre Chairs and Outdoor Tables & Chairs, Cub Cadet Tractor.
Property Details
Street
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
200' x 394'
Acreage
.50-1.99
Lot Irregularities
1.85 Acres
Fronting
West
Taxes
$18,995 (2024)
Basement
Finished
Exterior
Stone, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Well
Parking Spaces
25
Driveway
Circular
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
KitchenMain14.30' x 17.13'Breakfast Bar, Pantry, Centre Island
LivingMain20.05' x 19.46'Open Concept, Fireplace, Window Flr to Ceil
FamilyMain16.40' x 13.22'Hardwood Floor, Window Flr to Ceil, Coffered Ceiling
DiningMain12.70' x 15.85'Combined W/Kitchen, Ceramic Floor, Window
StudyMain47.24' x 12.99'Double Doors, Pot Lights, Large Window
Prim BdrmMain18.86' x 16.86'6 Pc Ensuite, W/I Closet, Heated Floor
2nd Br2nd10.96' x 14.30'Double Closet, 3 Pc Ensuite, Closet Organizers
3rd Br2nd19.09' x 11.98'W/I Closet, 3 Pc Ensuite, Large Closet
4th Br2nd18.83' x 15.78'W/I Closet, 3 Pc Ensuite
5th Br2nd13.42' x 13.12'Double Closet, 3 Pc Ensuite, Closet Organizers
BrBsmt17.85' x 12.89'Pot Lights, Above Grade Window
Media/EntBsmt25.00' x 16.93'
Pickering Market Statistics
Pickering Price Trend
3240 Salem Rd is a 5-bedroom 7-bathroom home listed for sale at $3,899,000, which is $1,997,334 (105.0%) higher than the average sold price of $1,901,666 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 5 bedroom home in Pickering increased by $1,174,666 (161.6%) compared to the previous 30 day period (September 23 - October 22) and up $461,666 (32.1%) from the same time one year ago.
Inventory Change
There were 8 5-bedroom homes listed in Pickering over the last 30 days (October 23 - November 21), which is down 11.1% compared with the previous 30 day period (September 23 - October 22) and down 20.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Pickering typically sold ($146,000) (7.7%) below asking price over the last 30 days (October 23 - November 21), which represents a $273,000 decrease compared to the previous 30 day period (September 23 - October 22) and ($22,174) 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 5-bedroom homes in Pickering over the last 30 days (October 23 - November 21) stood at 37.5%, up from 11.1% over the previous 30 days (September 23 - October 22) and down from 40.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 7-bathroom home in Pickering stood at 38 days when successfully sold over the last 30 days (October 23 - November 21), compared to 40 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Excel Realty Ltd.
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