15 TORRANCE Rd 704

FOR SALE
$399,000
15 TORRANCE Rd 704, Scarborough
15 TORRANCE Rd 704
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
E11581337
MLSID
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Property Description
LARGE 1 BDRM WITH DEN CONDO IN CENTRAL SCARBOROUGH. LOCATION IS MINUTES TO T.T.C., GO TRAIN AND SUBWAY. UNIT COMES WITH A LARGE BALCONY,ENSUITE LAUNDRY, ENSUITE LOCKER, STAINLESS STEEL FRIDGE AND STOVE. THE UNIT IS FITTED WITH LAMINATE FLOORING, DEN IS ENCLOSED AND CAN BE USED AS SLEEPING QUARTERS.
Nearby Intersections
Property Features
Clear View, Library, Public Transit, School
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$1,073 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Radiant
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
None
Elevator
Yes
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat10.99' x 18.31'L-Shaped Room, Combined W/Dining, Laminate
DiningFlat8.92' x 9.22'L-Shaped Room, Combined W/Living, Formal Rm
KitchenFlat7.58' x 13.25'Ceramic Floor, Ceramic Back Splash, Stainless Steel Appl
DenFlat6.99' x 8.63'Enclosed
Prim BdrmFlat10.10' x 15.32'Double Closet, Laminate, South View
Scarborough Market Statistics
Scarborough Price Trend
15 TORRANCE Rd 704 is a 1-bedroom 1-bathroom condo listed for sale at $399,000, which is $170,127 (29.9%) lower than the average sold price of $569,127 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough increased by $1,248 (0.2%) compared to the previous 30 day period (October 4 - November 2) and down $19,913 (3.4%) from the same time one year ago.
Inventory Change
There were 1,076 1-bedroom condos listed in Scarborough over the last 30 days (November 3 - December 2), which is down 14.5% compared with the previous 30 day period (October 4 - November 2) and down 11.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($10,738) (1.9%) below asking price over the last 30 days (November 3 - December 2), which represents a $2,018 increase compared to the previous 30 day period (October 4 - November 2) and ($15,559) 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 3 - December 2) stood at 54.0%, up from 46.0% over the previous 30 days (October 4 - November 2) and up from 35.6% 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 30 days when successfully sold over the last 30 days (November 3 - December 2), compared to 70 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/5 Star Realty Ltd.
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