1028 McNicoll Ave 605
Steeles, Scarborough, M1W 0A8
FOR SALE
$489,000
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Property Description
Welcome To Luxurious Life Lease Condo Vintage Garden Phase 2, Designed For Senior Living, Residents Must Be 55 And Older. Brand New 1 Bedroom Unit With Gorgeous And Bright Open Concept Layout, Walkout To Balcony From Living Room. 24 Hours Security And Emergency Response System, Emergency Call Button In Bathroom. Steps Away From Park, Restaurants, Shopping, Supermarkets And TTC, Minutes Drives To The Hwy DVP And 404, And Much More! Total Maintenance Fee Is $703 Per Month Including Property Tax $136.83 Per Month And Net Maintenance fee: $566.53 Per Month (2024).
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Property Details
Street
Community
City
Property Type
Leasehold Condo, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,642 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Scarborough Market Statistics
Scarborough Price Trend
1028 McNicoll Ave 605 is a 1-bedroom 1-bathroom condo listed for sale at $489,000, which is $85,082 (14.8%) lower than the average sold price of $574,082 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough increased by $7,550 (1.3%) compared to the previous 30 day period (August 18 - September 16) and down $31,821 (5.3%) from the same time one year ago.Inventory Change
There were 1,421 1-bedroom condos listed in Scarborough over the last 30 days (September 17 - October 16), which is down 0.1% compared with the previous 30 day period (August 18 - September 16) and down 11.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($11,521) (2.0%) below asking price over the last 30 days (September 17 - October 16), which represents a $2,255 decrease compared to the previous 30 day period (August 18 - September 16) and ($8,695) 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 1-bedroom condos in Scarborough over the last 30 days (September 17 - October 16) stood at 36.7%, up from 34.9% over the previous 30 days (August 18 - September 16) and up from 26.7% 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 (September 17 - October 16), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Bay Street Group Inc.
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