2055 Danforth Ave 508
Woodbine Corridor, Scarborough, M4C 1J8
FOR SALE
$548,000
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Property Description
Welcome to Boutique Carmelina Condos on The Danforth! Corner Unit With Tons Of Natural Light, Floor To Ceiling Windows. 2 Bedrooms With a Functional Open Concept Living Space. Owned Parking Spot and Locker. Great Amenities Including Gym, Party/Meeting Room, Media Room, Outdoor Space Courtyard With BBQ and Plenty of Visitor Parking. Steps to TTC, Restaurants and Shops. **Property Sold Under Power of Sale.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-18 | 2024-12-20 | 93 | $598,000 | - | Expired |
| 2024-05-16 | 2024-08-16 | 92 | $649,000 | - | Expired |
Nearby Intersections
Danforth & Woodbine (15)
Woodbine & Gerrard (24)
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,911 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (P2/ Unit 54)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 11.88' x 15.49' | Combined W/Dining, Open Concept |
| Kitchen | Flat | 6.59' x 9.09' | Combined W/Dining |
| Prim Bdrm | Flat | 9.28' x 10.60' | Double Closet |
| 2nd Br | Flat | 7.81' x 11.09' | Double Closet |
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Scarborough Market Statistics
Scarborough Price Trend
2055 Danforth Ave 508 is a 2-bedroom 1-bathroom condo listed for sale at $548,000, which is $212,081 (27.9%) lower than the average sold price of $760,081 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 2 bedroom condo in Scarborough increased by $30,132 (4.1%) compared to the previous 30 day period (December 20 - January 18) and down $22,338 (2.9%) from the same time one year ago.Inventory Change
There were 1,207 2-bedroom condos listed in Scarborough over the last 30 days (January 19 - February 17), which is up 49.2% compared with the previous 30 day period (December 20 - January 18) and up 15.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Scarborough typically sold ($16,882) (2.2%) below asking price over the last 30 days (January 19 - February 17), which represents a $2,296 increase compared to the previous 30 day period (December 20 - January 18) and ($14,004) 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 (January 19 - February 17) stood at 27.7%, down from 34.7% over the previous 30 days (December 20 - January 18) and down from 47.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Scarborough stood at 34 days when successfully sold over the last 30 days (January 19 - February 17), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Iliv Realty
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