2055 Danforth Ave 1108

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2055 Danforth Ave 1108, Scarborough
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
E8278948
MLSID
Contact Us
Property Description
Discover this pristine corner unit in Toronto Life's 2023 #1 ranked neighbourhood - The Danforth! Incredible city and lake views for both relaxing and entertaining while watching the sunset after a long day. *RARE* original owner-occupied with private balcony, featuring a modern kitchen equipped with stainless steel appliances, builder upgraded granite island with generous storage and matching granite countertops. Expansive living and dining areas provide an open-concept layout. The two bedrooms and two baths are strategically positioned with a split layout for utmost privacy, complemented by abundant closet space. Smooth ceilings detailed with crown molding throughout. Climate-controlled oversized locker (on 3rd floor) and parking (on P1) both only steps from the elevator. This well-managed building has only 12 floors, so there is minimal elevator wait time. Steps to TTC Line 2 - Woodbine station, East Lynn Park and many restaurants and cafes on The Danforth!
Nearby Intersections
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,052 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level A Unit 24)
Garage Type
Underground
Scarborough Market Statistics
Scarborough Price Trend
2055 Danforth Ave 1108 is a 2-bedroom 2-bathroom condo listed for sale at $799,999, which is $31,706 (3.8%) lower than the average sold price of $831,705 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough increased by $33,007 (4.1%) compared to the previous 30 day period (March 15 - April 13) and up $1,143 (0.1%) from the same time one year ago.
Inventory Change
There were 1,810 2-bedroom condos listed in Scarborough over the last 30 days (April 14 - May 13), which is up 69.5% compared with the previous 30 day period (March 15 - April 13) and up 53.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($13,848) (1.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,233 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,131) 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 (April 14 - May 13) stood at 33.1%, down from 63.4% over the previous 30 days (March 15 - April 13) and down from 65.6% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Property.Ca Inc.
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