1 Falaise Rd 408

FOR SALE
$609,900
1 Falaise Rd 408, Scarborough
1 Falaise Rd 408
1 Falaise Rd 408
1 Falaise Rd 408
1 Falaise Rd 408
1 Falaise Rd 408
1 Falaise Rd 408
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
6 + 1
ROOMS
E8360930
MLSID
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Property Description
1 Falaise Rd Unit 408 is located in Toronto, Beautiful Boutique Condo With 2 Bedroom Plus Den Step Into This Luxury Residence Offers Two Spacious Bedrooms Complemented By An Additional Flexible Space, Ideal For A Home Office Or Guest Room. The Carefully Curated Interiors Showcase Modern Design Elements, BACKSPLASH, A HUGE ISLAND Premium Finishes, Creating An Inviting And Sophisticated Living Environment. The area is primarily residential with a mix of single-family homes, townhouses, and some apartment buildings. Morningside is known for its green spaces, including parks and trails, providing residents with opportunities for outdoor activities. Additionally, the neighborhood offers convenient access to amenities such as shopping centers, schools, and public transportation.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-07-05 2023-07-29 24 $3,250 - Terminated
2023-06-21 2023-07-29 38 $615,000 - Terminated
2023-02-06 2023-06-20 134 $645,900 - Terminated
2023-02-06 2023-05-10 93 $699,900 - Suspended
2023-02-06 2023-05-05 88 $2,950 - Suspended
2022-12-19 2023-02-06 49 $2,900 - Terminated
2022-12-19 2023-02-06 49 $649,900 - Terminated
2022-10-28 2022-12-19 52 $669,900 - Terminated
2022-04-05 2022-04-26 21 $699,000 - Terminated
Extras
Only 2.5 KM To U Of T Campus and 2.3 KM To Centennial College With TTC At Your Door Step. One Underground Parking Spot And One Locker
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,559 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (P1/A)
Garage Type
Underground
Scarborough Market Statistics
Scarborough Price Trend
1 Falaise Rd 408 is a 2-bedroom 2-bathroom condo listed for sale at $609,900, which is $233,202 (27.7%) lower than the average sold price of $843,102 in the last 30 days (May 26 - June 24). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough increased by $8,204 (1.0%) compared to the previous 30 day period (April 26 - May 25) and up $7,966 (1.0%) from the same time one year ago.
Inventory Change
There were 1,558 2-bedroom condos listed in Scarborough over the last 30 days (May 26 - June 24), which is down 0.8% compared with the previous 30 day period (April 26 - May 25) and up 15.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($15,686) (1.9%) below asking price over the last 30 days (May 26 - June 24), which represents a $759 increase compared to the previous 30 day period (April 26 - May 25) and ($2,425) 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 2-bedroom condos in Scarborough over the last 30 days (May 26 - June 24) stood at 35.4%, down from 36.8% over the previous 30 days (April 26 - May 25) and down from 58.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Scarborough stood at 24 days when successfully sold over the last 30 days (May 26 - June 24), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Experts
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