1 Falaise Rd 501
West Hill, Scarborough, M1E 0B9
FOR SALE
$469,900
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSE11535644
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Property Description
Must Be Sold. Motivated Seller. This 1+1 Bedroom Unit (Den Converted To 2nd BR No Closet) Located At Morningside/Kingston Rd. Offers One Parking, One Locker, Offers S/S Appliances In Kitchen, Ensuite Laundry, Central Air, W/O To Balcony, Laminate In LR And Kitchen Area. Steps To All Amentities, TTC, Shopping, Mins To Schools, Parks, University, College, Hwy 401. A Must See!
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$186 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
None
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Scarborough Market Statistics
Scarborough Price Trend
1 Falaise Rd 501 is a 1-bedroom 1-bathroom condo listed for sale at $469,900, which is $99,227 (17.4%) lower than the average sold price of $569,127 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough increased by $1,248 (0.2%) compared to the previous 30 day period (October 4 - November 2) and down $19,913 (3.4%) from the same time one year ago.Inventory Change
There were 1,076 1-bedroom condos listed in Scarborough over the last 30 days (November 3 - December 2), which is down 14.5% compared with the previous 30 day period (October 4 - November 2) and down 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($10,738) (1.9%) below asking price over the last 30 days (November 3 - December 2), which represents a $2,018 increase compared to the previous 30 day period (October 4 - November 2) and ($15,559) 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 1-bedroom condos in Scarborough over the last 30 days (November 3 - December 2) stood at 54.0%, up from 46.0% over the previous 30 days (October 4 - November 2) and up from 35.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Scarborough stood at 30 days when successfully sold over the last 30 days (November 3 - December 2), compared to 70 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Percy Fulton Ltd.
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