1470 Midland Ave 1501

FOR SALE
$519,000
1470 Midland Ave 1501, Scarborough
1470 Midland Ave 1501
1470 Midland Ave 1501
1470 Midland Ave 1501
1470 Midland Ave 1501
1470 Midland Ave 1501
1470 Midland Ave 1501
1470 Midland Ave 1501
1470 Midland Ave 1501
1470 Midland Ave 1501
1470 Midland Ave 1501
1470 Midland Ave 1501
1470 Midland Ave 1501
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
E9343029
MLSID
Contact Us
Property Description
Beautiful Spacious 2 Brm, 2 Bath Unit . In High Demand Neighborhood In Prime Location, Close Proximity To Grocery, Ttc/Subway, Bank, Park, Mosque, Shopping (Scar. Town Centre)., large locker in the basement. Large Floor To Ceiling Window In Living Room. Great Opportunity for First-Time Homebuyers or Investors! Maintenance Fees Includes All Utilities, Sauna, Indoor Pool, Library, Billiards, Party Room, Gym. 24 Hrs Security. This Unit Is A Must See!!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-02 2024-09-11 71 $544,000 - Suspended
Extras
Washer,Dryer,Fridge,Stove,Washer,Dryer,All Window Coverings, under sink water softener All Elfs ,Parking, Locker
Nearby Intersections
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$1,786 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
KitchenGround7.91' x 10.66'Ceramic Floor
SolariumGround5.25' x 11.58'Ceramic Floor
LivingGround11.98' x 18.01'Combined W/Dining, Laminate
DiningGround11.98' x 18.01'Combined W/Living, Laminate
Prim BdrmGround10.01' x 14.01'Laminate, 4 Pc Ensuite
2nd BrGround8.96' x 11.75'Laminate, Large Closet
Scarborough Market Statistics
Scarborough Price Trend
1470 Midland Ave 1501 is a 2-bedroom 2-bathroom condo listed for sale at $519,000, which is $253,968 (32.9%) lower than the average sold price of $772,968 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough declined by $14,819 (1.9%) compared to the previous 30 day period (July 20 - August 18) and down $18,011 (2.3%) from the same time one year ago.
Inventory Change
There were 1,343 2-bedroom condos listed in Scarborough over the last 30 days (August 19 - September 17), which is up 19.8% compared with the previous 30 day period (July 20 - August 18) and up 5.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($16,777) (2.2%) below asking price over the last 30 days (August 19 - September 17), which represents a $4,507 increase compared to the previous 30 day period (July 20 - August 18) and ($10,656) 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 2-bedroom condos in Scarborough over the last 30 days (August 19 - September 17) stood at 32.7%, down from 38.8% over the previous 30 days (July 20 - August 18) and up from 32.4% 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 31 days when successfully sold over the last 30 days (August 19 - September 17), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sunshine Realty Brokerage Inc.
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