2460 Eglinton Ave E 1617
Eglinton East, Scarborough, M1K 5J7
FOR SALE
$419,000
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Property Description
Welcome to Rainbow Village! Functional layout with 1 bedroom and 1 bathroom. Clear, unobstructed SW views with plenty of sunlight throughout the day. Includes 1 parking space, 1 ensuite storage locker, 1 external storage locker in P2, and an ensuite washer/dryer. Well-managed building with low property taxes and low all-inclusive maintenance fees covering heat, hydro, water. The unit also has AC! Excellent for investors and first-time homebuyers. Steps from Kennedy TTC station, Kennedy GO station, and future Kennedy LRT station. All of life's amenities within a 3km radius: grocery stores, department stores, plenty of restaurants, places of worship, library, community center, parks, and plenty more!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-07 | 2024-08-22 | 15 | $439,900 | - | Terminated |
| 2023-08-28 | 2023-09-06 | 9 | $389,000 | $425,000 | Sold |
Extras
All utilities included in condo fees: Heat, Hydro, and Water! Great building amenities including exercise room, indoor pool, hot tub, sauna, and more!
Nearby Intersections
Kennedy & Eglinton (11)
Midland & Eglinton (18)
Property Features
Clear View, Library, Park, Place Of Worship, Public Transit, Rec Centre
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,073 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Baseboard
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
Wall Unit
Parking 1
Owned (P2)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 5.25' x 7.05' | |
| Living | Main | 12.30' x 13.68' | |
| Br | Main | 8.79' x 15.09' | |
| Locker | Main | 6.00' x 2.99' |
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Scarborough Market Statistics
Scarborough Price Trend
2460 Eglinton Ave E 1617 is a 1-bedroom 1-bathroom condo listed for sale at $419,000, which is $146,984 (26.0%) lower than the average sold price of $565,984 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Scarborough declined by $13,085 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $49,802 (8.1%) from the same time one year ago.Inventory Change
There were 1,473 1-bedroom condos listed in Scarborough over the last 30 days (August 16 - September 14), which is up 6.3% compared with the previous 30 day period (July 17 - August 15) and up 0.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Scarborough typically sold ($9,793) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $71 decrease compared to the previous 30 day period (July 17 - August 15) and ($6,422) 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 (August 16 - September 14) stood at 34.1%, down from 35.9% over the previous 30 days (July 17 - August 15) and down 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 33 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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