1350 Ellesmere Rd 618
Bendale, Scarborough, M1P 5A5
FOR SALE
$579,000

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BEDROOMS2
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Property Description
Attention First-Time Buyers & Investors! Discover modern living in this elegant condo at Elle Condominiums, c in Scarborough City Centre. This 1+1 bedroom 2 bathroom unit features an open-concept design, a modern kitchen with stainless steel appliances, and freshly painted interiors. Enjoy the ease of in-suite laundry and step out onto your private balcony for city views. Elle Condominiums offers incredible amenities, including a gym, stylish lounge areas, and concierge services. Located steps away from Scarborough Town Centre, TTC, and just minutes to highways 401 & 404, this is urban convenience at its finest. Whether you're looking for your first home or a smart investment, this property checks all the boxes.
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Nearby Intersections
McCowan & 401 (87)
Brimley & Ellesmere (34)
Property Features
Other, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Basement
None
Exterior
Brick, Concrete
Heat Type
Fan Coil
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Scarborough Market Statistics
Scarborough Price Trend
1350 Ellesmere Rd 618 is a 1-bedroom 2-bathroom condo listed for sale at $579,000, which is $21,890 (3.9%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Scarborough over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Scarborough stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Gold Realty Inc.
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