1625 Military Tr 711
Highland Creek, Scarborough, M1C 1B1
FOR SALE
$639,999
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BEDROOMS1
BATHROOMS1
KITCHENS3
ROOMSE8468278
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Property Description
This Assignment Sale Offers An Advantageous Opportunity To Purchase An Easy To rent Unit In A Sought-After And Sold Out Development Before It's Completion. This Represents A Smart Investment In Scarboroughs Growing Comminity With The Potential For Appreciation.
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
700-799
Basement
None
Exterior
Concrete, Other
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.84' x 8.20' | |
| Kitchen | Main | 13.12' x 8.20' | |
| Bathroom | Main | 13.78' x 6.56' | |
| Prim Bdrm | Main | 16.40' x 14.76' | |
| Laundry | Main | 9.84' x 6.86' |
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Scarborough Market Statistics
Scarborough Price Trend
1625 Military Tr 711 is a 1-bedroom 1-bathroom condo listed for sale at $639,999, which is $36,818 (6.1%) higher than the average sold price of $603,181 in the last 30 days (May 31 - June 29). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough increased by $9,759 (1.6%) compared to the previous 30 day period (May 1 - May 30) and down $37,543 (5.9%) from the same time one year ago.Inventory Change
There were 1,659 1-bedroom condos listed in Scarborough over the last 30 days (May 31 - June 29), which is down 10.0% compared with the previous 30 day period (May 1 - May 30) and up 9.9% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($10,910) (1.8%) below asking price over the last 30 days (May 31 - June 29), which represents a $3,101 decrease compared to the previous 30 day period (May 1 - May 30) and ($278) 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 (May 31 - June 29) stood at 32.1%, down from 33.0% over the previous 30 days (May 1 - May 30) and down from 71.2% 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 25 days when successfully sold over the last 30 days (May 31 - June 29), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Royal Properties Realty
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