1 Falaise Rd 508
West Hill, Scarborough, M1E 0B9
FOR SALE
$619,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6 + 1
ROOMSE9053086
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Property Description
1 Falaise Rd Unit 508 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.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-02 | 2023-09-15 | 13 | $620,900 | - | Terminated |
| 2023-08-16 | 2023-09-09 | 24 | $3,150 | $3,250 | Leased |
| 2022-07-27 | 2022-08-26 | 30 | $699,900 | - | Terminated |
| 2022-08-12 | 2022-08-23 | 11 | $2,980 | $3,200 | Leased |
| 2021-02-11 | 2021-04-06 | 54 | $629,900 | $629,900 | Sold |
Extras
Fridge, Stove, Washer/Dryer, Dish Washer, One Parking and One Locker
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$2,532 (2024)
Basement
None
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (A/P1)
Garage Type
Underground
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Scarborough Market Statistics
Scarborough Price Trend
1 Falaise Rd 508 is a 2-bedroom 2-bathroom condo listed for sale at $619,000, which is $147,074 (19.2%) lower than the average sold price of $766,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough declined by $7,530 (1.0%) compared to the previous 30 day period (September 21 - October 20) and down $40,072 (5.0%) from the same time one year ago.Inventory Change
There were 1,204 2-bedroom condos listed in Scarborough over the last 30 days (October 21 - November 19), which is down 12.5% compared with the previous 30 day period (September 21 - October 20) and up 7.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($20,452) (2.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,119 decrease compared to the previous 30 day period (September 21 - October 20) and ($21,092) 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 2-bedroom condos in Scarborough over the last 30 days (October 21 - November 19) stood at 47.6%, up from 33.4% over the previous 30 days (September 21 - October 20) and up from 34.7% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Experts
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