1401 O'Connor Dr 506
O'Connor-Parkview, Scarborough, M4B 2V5
FOR SALE
$474,900
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Property Description
Welcome to "The Lanes" in East York! Modern, Bright, & Tech-Savvy Building! Stunning & Spacious Open Concept Suite Bursting W/ Natural Sunlight! Featuring A Kitchen With Quartz Countertops & Stainless Steel Appliances. Large Primary Bedroom W/ 4 Piece Ensuite. Walkout To The Balcony With Unobstructed Views! Ensuite Laundry, Parking & Locker Included.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-07-12 | 2024-10-11 | 91 | $549,999 | - | Expired |
| 2024-05-01 | 2024-07-10 | 70 | $590,000 | - | Terminated |
| 2022-04-21 | 2022-06-22 | 62 | $659,000 | - | Terminated |
| 2022-04-08 | 2022-04-18 | 10 | $599,000 | - | Terminated |
| 2021-12-01 | 2021-12-07 | 6 | $1,800 | $1,800 | Leased |
| 2021-10-25 | 2021-10-29 | 4 | $499,999 | $499,999 | Sold |
| 2021-10-14 | 2021-10-25 | 11 | $529,999 | - | Terminated |
Extras
Amenities: Concierge, Sky Deck Rooftop Lounge, Skyview Fitness Centre, Visitors Parking. Convenient Location Near TTC, Restaurants, Shops, Park, And Entertainment.
Property Features
Grnbelt/Conserv, Hospital, Library, Park, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,839 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level B Unit 8)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 13.12' x 26.25' | Combined W/Dining, W/O To Balcony, Hardwood Floor |
| Dining | Ground | 9.84' x 10.50' | Combined W/Living, Open Concept, Hardwood Floor |
| Kitchen | Ground | 13.12' x 26.25' | Quartz Counter, Backsplash |
| Prim Bdrm | Ground | 10.01' x 12.70' | 4 Pc Ensuite, Closet, Hardwood Floor |
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Scarborough Market Statistics
Scarborough Price Trend
1401 O'Connor Dr 506 is a 1-bedroom 2-bathroom condo listed for sale at $474,900, which is $92,011 (16.2%) lower than the average sold price of $566,911 in the last 30 days (November 11 - December 10). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $2,289 (0.4%) compared to the previous 30 day period (October 12 - November 10) and down $14,503 (2.5%) from the same time one year ago.Inventory Change
There were 1,188 1-bedroom condos listed in Scarborough over the last 30 days (November 11 - December 10), which is up 13.8% compared with the previous 30 day period (October 12 - November 10) and up 27.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($12,181) (2.1%) below asking price over the last 30 days (November 11 - December 10), which represents a $1,261 decrease compared to the previous 30 day period (October 12 - November 10) and ($15,690) 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 11 - December 10) stood at 47.1%, down from 52.3% over the previous 30 days (October 12 - November 10) and up from 44.0% 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 27 days when successfully sold over the last 30 days (November 11 - December 10), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Urban Realty
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