1 Falaise Rd S 501
West Hill, Scarborough, M1E 0B9
FOR SALE
$479,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSE9311724
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Property Description
New,Bright & centrally located 1-bedroom Plus Den condo on Kingston/Lawrence/Morning side intersection. Unit comes with Parking space & locker. This area is primarily residential with a mix of single-family homes, townhouses and some apartment buildings. More diverse community is the beauty of this area. Morningside park is very close and known for its greenery, providing residents with opportunities for outdoor activities and recreation. This area is very convenient to access amenities such as shopping centers, schools and public transportation. Tim Hortons, No frills, Beer store, Rexall as well many more stores are in few steps just front of the building.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-11 | 2024-11-19 | 69 | $479,000 | - | Suspended |
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,853 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (surface)
Garage Type
Surface
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 9.02' x 11.61' | |
| Den | Main | 7.02' x 11.61' | , Broadloom |
| Living | Main | 9.51' x 17.78' | , W/O To Balcony |
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Scarborough Market Statistics
Scarborough Price Trend
1 Falaise Rd S 501 is a 1-bedroom 1-bathroom condo listed for sale at $479,000, which is $90,236 (15.9%) lower than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Scarborough over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) 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 (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Everest Realty Ltd.
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